Elsalvador

ECON COMPLEXITY (2018)

-0.084

RANK 72 OF 137

PRODUCT EXPORTS (2018)

$6.29B

RANK 105 OF 222

EXPORTS PER CAPITA (2018)

$980

RANK 191 OF 219

PRODUCT IMPORTS (2018)

$11.2B

RANK 95 OF 221

IMPORTS PER CAPITA (2018)

$1.75K

RANK 192 of 219

SERVICE EXPORTS (2018)

$1.98B

RANK 55 OF 88

SERVICE IMPORTS (2018)

$1.63B

RANK 66 OF 88

GDP (2018)

$26.1B

CURRENT US$
RANK 106 OF 196

GDP GROWTH (2008-2018)

44.9%

CURRENT US$
RANK 88 OF 196

GDP PC (2018)

$4,058

CURRENT US$
RANK 123 OF 196

GDP PC GROWTH (2008-2018)

38.3%

CURRENT US$
RANK 65 OF 196

Overview: In 2018 El Salvador was the number 106 economy in the world in terms of GDP (current US$), the number 105 in total exports, the number 95 in total imports, and the number 72 most complex economy according to the Economic Complexity Index (ECI). In 2018, El Salvador exported $6.29B and imported $11.2B, resulting in a negative trade balance of -$4.94B. In 2018, El Salvador’s exports per capita were $980 and its imports per capita were $1.75k.

Trade: The top exports of El Salvador are Knit T-shirts ($800M), Electrical Capacitors ($487M), Knit Sweaters ($377M), Knit Socks and Hosiery ($250M), and Plastic Lids ($203M). The top imports of El Salvador are Refined Petroleum ($1.08B), Planes, Helicopters, and/or Spacecraft ($285M), Knit T-shirts ($253M), Light Rubberized Knitted Fabric ($237M), and Petroleum Gas ($232M).

Destinations: El Salvador exports mostly to United States ($2.64B), Honduras ($906M), Guatemala ($848M), Nicaragua ($407M), and Costa Rica ($262M), and imports mostly from United States ($3.38B), China($1.42B), Guatemala ($1.16B), Mexico ($902M), and Honduras ($749M).

Location: El Salvador borders Guatemala by land and Honduras and Nicaragua by sea.

Exports

In 2018 El Salvador exported a total of $6.29B, making it the number 105 exporter in the world. During the last five reported years the exports of El Salvador have changed by $412M from $5.88B in 2013 to $6.29B in 2018.

The most recent exports are led by Knit T-shirts ($800M), Electrical Capacitors ($487M), Knit Sweaters ($377M), Knit Socks and Hosiery ($250M), and Plastic Lids ($203M). 

Imports

In 2018 El Salvador imported $11.2B, making it the number 95 trade destination in the world. During the last five reported years the imports of El Salvador changed by $304M from $10.9B in 2013 to $11.2B in 2018.

The most recent imports of El Salvador are led by Refined Petroleum ($1.08B), Planes, Helicopters, and/or Spacecraft ($285M), Knit T-shirts ($253M), Light Rubberized Knitted Fabric ($237M), and Petroleum Gas ($232M). 

Trade Balance

As of 2018 El Salvador had a negative trade balance of $4.64B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $1.48B in net imports.

Destinations

The most common destination for the exports of El Salvador are United States ($2.64B), Honduras ($906M), Guatemala ($848M), Nicaragua ($407M), and Costa Rica ($262M).

Origins

The most common import partners for El Salvador are United States ($3.38B), China ($1.42B), Guatemala ($1.16B), Mexico ($902M), and Honduras ($749M).