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- (-) April 2024
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Sugar production in marketing year (MY) 24 is estimated at 787,000 metric tons (MT), while production for MY23 reached 765,000 MT. Continued international prices have eased the financial burden exerted by the high cost of inputs on the sugar sector.
The COVID-19 pandemic has highlighted the fragile nature of the tourism sector in El Salvador, which in 2020 closed with approximately $750 million in income, which is at least $1 million less than projections for foreign tourism and a 10-year set-back, according to some sector’s analysts.