Australia (AUS) and El Salvador (SLV) Trade | The Observatory of Economic Complexity

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Australia-El Salvador Trade: In 2022, Australia exported $6.06M to El Salvador. The main products that Australia exported to El Salvador were Packaged Medicaments ($478k), Malt Extract ($469k), and High-voltage Protection Equipment ($446k). Over the past 5 years the exports of Australia to El Salvador have decreased at an annualized rate of 18.4%, from $16.7M in 2017 to $6.06M in 2022.

In 2022, Australia did not export any services to El Salvador.

El Salvador-Australia Trade: In 2022, El Salvador exported $10M to Australia. The main products that El Salvador exported to Australia were Coffee ($5.5M), Knit T-shirts ($1.19M), and Knit Sweaters ($627k). Over the past 5 years the exports of El Salvador to Australia have increased at an annualized rate of 3.18%, from $8.06M in 2017 to $10M in 2022.

In 2022, El Salvador did not export any services to Australia.

Comparison: In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Australia exported $6.06M to El Salvador. The main products exported from Australia to El Salvador were Packaged Medicaments ($478k), Malt Extract ($469k), and High-voltage Protection Equipment ($446k). During the last 5 years the exports of Australia to El Salvador have decreased at an annualized rate of 18.4%, from $16.7M in 2017 to $6.06M in 2022.

In 2017, El Salvador exported $10M to Australia. The main products exported from El Salvador to Australia were Coffee ($5.5M), Knit T-shirts ($1.19M), and Knit Sweaters ($627k). During the last 5 years the exports of El Salvador to Australia have increased at an annualized rate of 3.18%, from $8.06M in 2022 to $10M in 2017.

Exports from Australia () to El Salvador () (2022)

Exports from El Salvador () to Australia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$123B

El Salvador
Top DestinationUnited States$2.87B

This map shows whether countries import more from Australia or El Salvador. Each country is colored based on the difference in imports they receive from Australia and El Salvador or the difference in the growth in imports.

In 2022, countries that imported more from Australia than El Salvador included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from El Salvador than Australia included Guatemala ($1.21B), Honduras ($1.18B), and Nicaragua ($497M).

Difference in imports from El Salvador () and Australia () (2022)

Comparative Advantage Australia - El Salvador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Australia and El Salvador by product, considering products traded by both, Australia and El Salvador.

During 2022, Australia had a large net trade with El Salvador in the exports of Machines ($1.88M), Instruments ($797k), and Plastics and Rubbers ($759k).

During 2017, El Salvador had a large net trade with Australia in the exports of Vegetable Products ($5.52M), Textiles ($3.39M), and Machines ($508k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Australia El Salvador+$797kPackaged Medicaments

Top Product Potential El Salvador Australia+N/AN/A

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Australia and El Salvador. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over El Salvador. Similarly, a dot/product with the flag of El Salvador indicates it has a comparative advantage over Australia.

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to El Salvador () (2022)

Exports from El Salvador () to Australia () (2022)

Market Competitiveness

Difference in imports from El Salvador () and Australia () (2022)

Comparative Advantage Australia - El Salvador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Australia () and El Salvador () (2022)

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