ministry of economics (el salvador)

Name

ministry of economics (el salvador)

Legal name

Ministerio de Economía

Website

https://economia.gob.sv

Company type

Private

Operating status

Operating

Ownership category

akta.pro rank

Product category

Government Economic Administration

NAICS

Administration of Economic Programs (9261), Administration of General Economic Programs (92611), Administration of Economic Programs (926)

SIC

International Affairs (9721)

akta.pro industry

PRIMARYBPAIAAAL

Trade, Industry & Economic Development Administration

Business & Public Services/Public Sector & Government Administration/Central/Federal Government Administration

SECONDARYBPADAMAJ

Economic Research, Statistics & Policy Advisory

Business & Public Services/International Organizations & Development/International Trade & Economic Development

SECONDARYBPAIADAG

Customs Duties, Tariff Classification & Valuation

Business & Public Services/Public Sector & Government Administration/Tax, Revenue & Customs Administration

SECONDARYBPAIADAN

Interagency/International Information Exchange & Cooperation

Business & Public Services/Public Sector & Government Administration/Tax, Revenue & Customs Administration

SECONDARYBPADACAF

Export Credit Agencies (ECAs) & Trade Finance Institutions

Business & Public Services/International Organizations & Development/International Financial Institutions & Development Banks

Keywords

• Economic policy development
• Trade agreement administration
• Tariff schedule management
• Public procurement regulation
• Employment skills development

Headquarters

HQ city

San Salvador

HQ country

El Salvador

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Distribution channels1 record

Marketing channels1 record

Core offering

The Ministry of Economics (Ministerio de Economía) of El Salvador is a government institution that formulates and implements national economic policy, administers international trade agreements (CAFTA-DR, EU, UK, Korea, Chile, Colombia, Cuba, Ecuador, Mexico, Panama, Dominican Republic), publishes and maintains the Central American Tariff System (SAC), sets public procurement thresholds under commercial agreements, and runs the ALDEA project for employment and skills development in partnership with the World Bank.

Product overview

The Ministry of Economics (Ministerio de Economía) of El Salvador operates a government information portal that serves as the primary interface for the ministry's economic policy functions. The portfolio consists of the official ministry website providing access to trade agreement documents, tariff schedules (SAC 7th Amendment), public procurement thresholds under various trade agreements, and the Proyecto ALDEA labor development initiative. The site publishes downloadable documents, public notices, news, and calls for consultancy services related to economic development programs. There is no commercial product line; the ministry provides governmental services through this digital portal.

Differentiator

Problem solved

Functional benefit

Products and services

• Proyecto ALDEA (Promoviendo Oportunidades Laborales y Desarrollo de Habilidades en El Salvador) A World Bank-funded labor opportunities and skills development project implemented by the ministry, providing vocational training, employment linkage services, and incubation/acceleration support for job seekers in El Salvador, with technical skills training in the tourism sector plus transversal skills and climate change awareness with labor insertion outcomes.
• SAC 7a Enmienda 2022 Tariff Reduction Program Central American tariff reduction schedules (SAC - Sistema Arancelario Centroamericano) with the 7th Amendment 2022, providing downloadable tariff schedules for trade partners including CAFTA-DR, EU, Mexico, Chile, Colombia, and other trading partners to facilitate cross-border trade compliance.
• Public Procurement Thresholds under Trade Agreements Public procurement threshold notifications under commercial agreements including CAFTA-DR, ADA-EU, ADA-UK, and Korea-Central America FTA, updated annually for government contracting eligibility and tendering purposes.
• Trade Agreement between USA and El Salvador on Reciprocal Commerce Bilateral trade agreement documentation between the United States and El Salvador on reciprocal commerce, providing official documentation in English and Spanish versions to facilitate bilateral trade relations.
• Downloads Portal Centralized repository of downloadable documents including calls for consultancy services, procurement notices, environmental and social instruments, and regional integration guides for the ministry's various programs.

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• United States of AmericacoreStrategic or Co-development Partner · 29 January 2026Signed the Agreement on Reciprocal Trade between the United States and the Republic of El Salvador, facilitating bilateral trade relations.
• Banco Mundial (World Bank)coreStrategic or Co-development PartnerThe Ministry coordinates with the World Bank for the ALDEA project (Promoviendo Oportunidades Laborales y Desarrollo de Habilidades en El Salvador), implementing the World Bank's Environmental and Social Framework.
• COMIECO (Consejo de Ministros de Integración Económica Centroamericana)coreStrategic or Co-development PartnerParticipates in the Central American Economic Integration Council to coordinate regional trade policies and the Central American Tariff System (SAC).
• DINAC (Dirección Nacional de Inversión en Asistencia y Cooperación)coreOthers

Recent moves6 records

Expansion highlights3 records

Direct peers

• Ministerio de Economía de Guatemala: Direct peer — Guatemala's Ministry of Economy performs the same Central American trade-policy, tariff administration, and economic-development functions within the same COMIECO/SAC framework that El Salvador's ministry operates in.
• Secretaría de Economía (Mexico): Direct peer — Mexico's Secretariat of Economy is the counterpart ministry for trade agreement administration (including with El Salvador under CAFTA-DR/Mexico FTA), tariff policy, and industrial development, making it the most directly comparable Latin American economy ministry.
• Ministerio de Comercio e Industrias (Panamá): Direct peer — Panama's Ministry of Commerce and Industries handles trade negotiations, tariff policy, and business registration within the same Central American integration context, providing an analogous ministry-of-economy structure.

Broad incumbents

• Ministerio de Hacienda (Costa Rica): Broad incumbent — Costa Rica's Ministry of Finance oversees trade and economic policy as part of a wider economic-administration portfolio, making it a comparable peer with a broader scope than El Salvador's trade-focused ministry.
• Consejo de Ministros de Integración Económica Centroamericana (COMIECO): Broad incumbent — COMIECO is the regional intergovernmental body that El Salvador's ministry participates in for Central American economic integration; it is comparable as the higher-level coordinating institution for the same trade policy agenda.
• Secretaría de Integración Económica Centroamericana (SIECA): Broad incumbent — SIECA is the technical secretariat supporting COMIECO and the Central American economic integration process, comparable to El Salvador's ministry as a regional trade-administration counterpart.
• Ministerio de Economía y Finanzas (Uruguay): Broad incumbent — Uruguay's Ministry of Economy and Finance combines economic-policy and treasury functions for a similarly-sized open economy, providing a comparable institutional model for trade and economic administration.
• Ministerio de Desarrollo Productivo (Argentina): Broad incumbent — Argentina's Ministry of Productive Development is a Latin American peer responsible for trade policy, industrial development, and SME support, comparable in mandate though larger in scope.

Others

• World Trade Organization (WTO): Others — the WTO is a thematically related international body governing the multilateral trade rules that El Salvador's ministry implements at the national level; it is a peer in trade-policy function though not a direct competitor.
• International Trade Centre (ITC): Others — the ITC is a joint UN/WTO agency supporting trade promotion and export development in developing economies, comparable to El Salvador's ministry as a counterpart in trade-promotion and SME-export capacity-building programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/economiasv
• Facebookfacebook.com/EconomiaSV
• Instagraminstagram.com/economiasv

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about ministry of economics (el salvador)