The Republic of El Salvador is a Central American country with a surface area of 21,040 sq.kms. It has nearly 6.37 million inhabitants and a GDP of about US$28 billion. El Salvador is the smallest and most densely populated country among the seven making up Central America (source: FMI – World Bank, 2017).
Despite the country’s somewhat mountainous terrain, the Salvadoran economy is largely based on agriculture, with a strong reliance on coffee exports. Its imports, mostly clothing, are intended for re-export. Salvadorans also import machinery components, food products, oil and some chemicals. El Salvador’s main economic partners are the United States, followed by neighbouring countries such as Guatemala, Costa Rica, Honduras and Nicaragua (source: France Diplomatie, February 2019).
China and France also feature on the list of its major trading partners, and French companies present in El Salvador are largely concentrated in the renewable energy sector.
In order to meet the needs of its customers on the Salvadorian market, Simon Associés has developed privileged relations with economic and legal partners locally.