Why does El Salvador prefer US technology products?

El Salvador’s private and public sector prefers U.S. information technology products, which creates opportunities for water metering, smart traffic solutions, smart lighting systems, custom technology solutions, and city monitoring systems.

Does El Salvador have a telecommunication sector?

El Salvador’s telecommunication sector has operated under a privatized legal and institutional framework since 1997, encouraging competition in most areas and allowing foreign investment.

What are the import duties in El Salvador?

Import duties for information and communication technology and equipment are zero percent, subject to a 13% value-added tax. Companies should either register an office or work with a local agent to do business in El Salvador. Telecommunications systems and products.

Why is mobile penetration so high in El Salvador?

Mobile penetration is remarkably high considering El Salvador’s economic indicators, higher than the average for Latin America and the Caribbean. The growth in fixed-line services lowered in the face of mobile-cellular competition; fixed lines were 862,717 in 2022.

What are El Salvador's plans?

El Salvador has ambitious plans to modernize customs, ports, airports, water, and sewage systems; and improve and expand mass mobility, lighting, surveillance of roads, and implement electronic voting.

Which country imports the most ICT goods in El Salvador?

Source: World Bank Indicators Units: USD millions The United States is among the top three sources of ICT goods imports in El Salvador, with 4.7% of the imports market share in 2022; China leads with 66.6%, followed by Mexico with 15% of the market share.