2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186

About

Chile-El Salvador Trade: In 2022, Chile exported $76.1M to El Salvador. The main products that Chile exported to El Salvador were Apples and Pears ($11M), Sulfate Chemical Woodpulp ($8.05M), and Toilet Paper ($5.31M). Over the past 5 years the exports of Chile to El Salvador have decreased at an annualized rate of 2.08%, from $84.5M in 2017 to $76.1M in 2022.

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

El Salvador-Chile Trade: In 2022, El Salvador exported $11.8M to Chile. The main products that El Salvador exported to Chile were Raw Sugar ($3.44M), Knit T-shirts ($1.81M), and Other Plastic Products ($973k). Over the past 5 years the exports of El Salvador to Chile have increased at an annualized rate of 6%,  from $8.85M in 2017 to $11.8M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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
Value

In 2022, Chile exported $76.1M to El Salvador. The main products exported from Chile to El Salvador were Apples and Pears ($11M), Sulfate Chemical Woodpulp ($8.05M), and Toilet Paper ($5.31M). During the last 5 years the exports of Chile to El Salvador have decreased at an annualized rate of 2.08%, from $84.5M in 2017 to $76.1M in 2022.

In 2017, El Salvador exported $11.8M to Chile. The main products exported from El Salvador to Chile were Raw Sugar ($3.44M), Knit T-shirts ($1.81M), and Other Plastic Products ($973k). During the last 5 years the exports of El Salvador to Chile have increased at an annualized rate of 6%, from $8.85M in 2022 to $11.8M in 2017.

Exports from Chile (Flag) to El Salvador (Flag) (2022)

Exports from El Salvador (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
El Salvador
Top Destination
United States$2.87B

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

In 2022, countries that imported more from Chile than El Salvador included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Difference in imports from El Salvador (Flag) and Chile (Flag) (2022)

Comparative Advantage Chile - El Salvador

Flow
Scale

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

During 2022, Chile had a large net trade with El Salvador in the exports of Paper Goods ($20.1M), Vegetable Products ($18.6M), and Foodstuffs ($14.4M).

During 2017, El Salvador had a large net trade with Chile in the exports of Textiles ($4.38M), Foodstuffs ($3.56M), and Plastics and Rubbers ($1.39M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile El Salvador+$854kPackaged Medicaments
Top Product Potential El Salvador Chile+$2.7MKnit T-shirts

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

This visualization shows the product space at the HS4 level with the flags of Chile and El Salvador. This means that a dot/product with the flag of Chile 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 Chile.

Product Space of Chile (Flag) and El Salvador (Flag) (2022)

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