China (CHN) and El Salvador (SLV) Trade | The Observatory of Economic Complexity

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Pricing

China (CHN) and El Salvador (SLV) Trade

2022

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Exports $2.61BRnk 99 / 211

2022

→

About

China-El Salvador In 2022, China exported $2.61B to El Salvador. The main products that China exported to El Salvador are Broadcasting Equipment ($203M), Computers ($162M), and Polyacetals ($123M). During the last 27 years the exports of China to El Salvador have increased at an annualized rate of 16.9%, from $38.5M in 1995 to $2.61B in 2022.

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

El Salvador-China In 2022, El Salvador exported $69.9M to China. The main products that El Salvador exported to China were Raw Sugar ($41.1M), Electrical Capacitors ($16.9M), and Knit Sweaters ($2.89M). During the last 27 years the exports of El Salvador to China have increased at an annualized rate of 11.3%, from $3.9M in 1995 to $69.9M in 2022.

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

Comparison In 2022, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T). That same year, El Salvador ranked 65 in the Economic Complexity Index (ECI -0.062), and 114 in total exports ($7.47B).

Latest Trends

February, 2024

About

Overview In February 2024, China exported $101M and imported $35.6M from El Salvador, resulting in a positive trade balance of $64.9M. Between February 2023 and February 2024 the exports of China have increased by $12.3M (13.9%) from $88.3M to $101M, while imports increased by $18M (102%) from $17.6M to $35.6M.

Trade In February 2024, the top exports of China to El Salvador were Computers ($14.3M), Polyacetals ($4.86M), Semiconductor Devices ($4.85M), Telephones ($4.55M), and Other toys ($4.27M). In February 2024 the top imports of China from El Salvador were Electrical Capacitors ($8.43M), Knit T-shirts ($260k), Knit Sweaters ($199k), Knit Men's Coats ($58.8k), and Electrical Transformers ($25.6k).

Origins In February 2024 the exports of China were mainly from Zhejiang Province ($27.3M), Guangdong Province ($24.3M), Jiangsu Province ($11.4M), Shandong Province ($7.66M), and Fujian Province ($5.21M), while imports destinations were mainly Beijing ($27.8M), Guangdong Province ($4.76M), Fujian Province ($2.29M), Jiangsu Province ($330k), and Shanghai Province ($150k).

Growth In February 2024, the increase in China's year-by-year exports to El Salvador was explained primarily by an increase in product exports in Computers ($12.1M or 567%), Semiconductor Devices ($4.65M or 2.26k%), and Delivery Trucks ($3.82M or 3.41k%). In February 2024, the increase in China's year-by-year imports from El Salvador was explained primarily by an increase in product imports in Knit T-shirts ($158k or 156%), Knit Men's Coats ($58.5k or 19.6k%), and Non-Knit Active Wear ($10.1k or 3.53k%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$12.3M(13.9%)

IMPORT GROWTH (February 2023 - February 2024)$18M(102%)

MAIN EXPORTER (February 2024)Zhejiang Province$27.3M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check El Salvador and China trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, China exported $2.61B to El Salvador. The main products exported from China to El Salvador were Broadcasting Equipment ($203M), Computers ($162M), and Polyacetals ($123M). During the last 27 years the exports of China to El Salvador have increased at an annualized rate of 16.9%, from $38.5M in 1995 to $2.61B in 2022.

In 2022, El Salvador exported $69.9M to China. The main products exported from El Salvador to China were Raw Sugar ($41.1M), Electrical Capacitors ($16.9M), and Knit Sweaters ($2.89M). During the last 27 years the exports of El Salvador to China have increased at an annualized rate of 11.3%, from $3.9M in 1995 to $69.9M in 2022.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

China
Top DestinationUnited States$551B

El Salvador
Top DestinationUnited States$2.87B

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

In 2021, countries that imported more from China than El Salvador were United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2021, countries that imported more from El Salvador than China were Pitcairn Islands ($59.7k), Saint Martin ($7.32k), and Northern Mariana Islands ($5.83k).

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

Comparative Advantage China - El Salvador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, China had a large net trade with El Salvador in the exports of Machines ($899M), Metals ($347M), and Plastics and Rubbers ($314M).

During 2022, El Salvador had a large net trade with China in the exports of Foodstuffs ($41.1M), Machines ($18M), and Textiles ($6.99M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more China has comparative advantage over El Salvador. Similarly, the more yellow a dot/product is, the more El Salvador has comparative advantage over China.

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

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