2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC
$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH
50.5%CURRENT US$
Rnk 47 / 195

About

Denmark-El Salvador Trade: In 2023, Denmark exported $20.1M to El Salvador. The main products that Denmark exported to El Salvador were Cheese ($4.79M), Other Edible Preparations ($3.8M), and Packaged Medicaments ($2.95M). Over the past 5 years the exports of Denmark to El Salvador have increased at an annualized rate of 1.65%, from $18.5M in 2018 to $20.1M in 2023.

In 2020, Denmark exported services to El Salvador worth $179M, with Transportation ($123M), Other business services ($17.8M), and Computer and information services ($14M) being the largest in terms of value.

El Salvador-Denmark Trade: In 2023, El Salvador exported $1.24M to Denmark. The main products that El Salvador exported to Denmark were Processed Fish ($907k), Coffee ($115k), and X-Ray Equipment ($73.1k). Over the past 5 years the exports of El Salvador to Denmark have increased at an annualized rate of 5.52%,  from $896k in 2018 to $1.24M in 2023.

In 2023, El Salvador did not export any services to Denmark.

Comparison: In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $20.1M to El Salvador. The main products exported from Denmark to El Salvador were Cheese ($4.79M), Other Edible Preparations ($3.8M), and Packaged Medicaments ($2.95M). During the last 5 years the exports of Denmark to El Salvador have increased at an annualized rate of 1.65%, from $18.5M in 2018 to $20.1M in 2023.

In 2018, El Salvador exported $1.24M to Denmark. The main products exported from El Salvador to Denmark were Processed Fish ($907k), Coffee ($115k), and X-Ray Equipment ($73.1k). During the last 5 years the exports of El Salvador to Denmark have increased at an annualized rate of 5.52%, from $896k in 2023 to $1.24M in 2018.

Exports from Denmark (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Denmark (Flag) (2023)

Latest Data

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

Denmark Exports

El Salvador Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
El Salvador
Top Destination
United States$2.41B

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

In 2023, countries that imported more from Denmark than El Salvador included Germany ($14.8B), Sweden ($11.2B), and United States ($12B).

In 2023, countries that imported more from El Salvador than Denmark included Guatemala ($1.15B), Honduras ($1.03B), and Nicaragua ($511M).

Difference in imports from El Salvador (Flag) and Denmark (Flag) (2023)

Comparative Advantage Denmark - El Salvador

Flow
Scale

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

During 2023, Denmark had a large net trade with El Salvador in the exports of Chemical Products ($4.92M), Foodstuffs ($4.85M), and Animal Products ($4.79M).

During 2018, El Salvador had a large net trade with Denmark in the exports of Foodstuffs ($907k), Vegetable Products ($115k), and Instruments ($80.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark El Salvador+$3.5MPackaged Medicaments
Top Product Potential El Salvador Denmark+$450kProcessed Fish

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

Product Space of Denmark (Flag) and El Salvador (Flag) (2023)

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