2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 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 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 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

Colombia-El Salvador Trade: In 2022, Colombia exported $175M to El Salvador. The main products that Colombia exported to El Salvador were Packaged Medicaments ($24M), Refrigerators ($13.2M), and Perfumes ($8.14M). Over the past 5 years the exports of Colombia to El Salvador have increased at an annualized rate of 11.7%, from $101M in 2017 to $175M in 2022.

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

El Salvador-Colombia Trade: In 2022, El Salvador exported $10.7M to Colombia. The main products that El Salvador exported to Colombia were Plastic Lids ($1.09M), Hair Products ($1.01M), and Recovered Paper ($922k). Over the past 5 years the exports of El Salvador to Colombia have decreased at an annualized rate of 5.89%,  from $14.5M in 2017 to $10.7M in 2022.

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

Comparison: In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). 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, Colombia exported $175M to El Salvador. The main products exported from Colombia to El Salvador were Packaged Medicaments ($24M), Refrigerators ($13.2M), and Perfumes ($8.14M). During the last 5 years the exports of Colombia to El Salvador have increased at an annualized rate of 11.7%, from $101M in 2017 to $175M in 2022.

In 2017, El Salvador exported $10.7M to Colombia. The main products exported from El Salvador to Colombia were Plastic Lids ($1.09M), Hair Products ($1.01M), and Recovered Paper ($922k). During the last 5 years the exports of El Salvador to Colombia have decreased at an annualized rate of 5.89%, from $14.5M in 2022 to $10.7M in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and El Salvador (Flag)

Colombia Exports

El Salvador Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
El Salvador
Top Destination
United States$2.87B

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

In 2022, countries that imported more from Colombia than El Salvador included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

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

Comparative Advantage Colombia - El Salvador

Flow
Scale

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

During 2022, Colombia had a large net trade with El Salvador in the exports of Chemical Products ($61.6M), Machines ($28.8M), and Plastics and Rubbers ($25.1M).

During 2017, El Salvador had a large net trade with Colombia in the exports of Chemical Products ($2.44M), Foodstuffs ($2.04M), and Plastics and Rubbers ($1.99M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia El Salvador+$6.15MRefined Petroleum
Top Product Potential El Salvador Colombia+$1.58MPlastic Lids

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 Colombia and El Salvador. This means that a dot/product with the flag of Colombia 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 Colombia.

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

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