El Salvador: Shifting demographics and a remittances boom create opportunities for US agricultural exports to El Salvador
El Salvador is the only country in the Northern Triangle region, and the only country in Central America aside from Panama, that runs a trade deficit for agricultural commodities. Contributing factors include a lack of arable land, an increasingly urban population, and a growing food processing sector in search of high-quality inputs. Since 2020, El Salvador has also experienced a sharp increase in remittances, which have raised consumer expectations and created domestic investment opportunities for businesses and the diaspora.