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2023
Flag → Flag
Exports $192MRnk 92 / 220
2023
Flag → Flag
Top Product $25.1MPackaged Medicaments
2023
Flag → Flag
Exports $89.8MRnk 10 / 150
2023
Flag → Flag
Top Product $47.4MProcessed Fish
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$5,391CURRENT US$
Rnk 120 / 196
2013-2023
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GDP PC GROWTH50.5%CURRENT US$
Rnk 47 / 195

About

Spain-El Salvador Trade: In 2023, Spain exported $192M to El Salvador. The main products that Spain exported to El Salvador were Packaged Medicaments ($25.1M), Copper Wire ($17M), and Other Edible Preparations ($8.61M). Over the past 5 years the exports of Spain to El Salvador have decreased at an annualized rate of 5.79%, from $259M in 2018 to $192M in 2023.

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

El Salvador-Spain Trade: In 2023, El Salvador exported $89.8M to Spain. The main products that El Salvador exported to Spain were Processed Fish ($47.4M), Refined Petroleum ($18.5M), and Non-fillet Frozen Fish ($11.4M). Over the past 5 years the exports of El Salvador to Spain have increased at an annualized rate of 8.16%,  from $60.7M in 2018 to $89.8M in 2023.

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

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Latest Trends

December, 2024

About

Overview In December 2024, Spain exported €9.75M and imported €4.44M from El Salvador, resulting in a positive trade balance of €5.31M. Between December 2023 and December 2024 the exports of Spain have increased by €1.09M (12.5%) from €8.66M to €9.75M, while imports increased by €930k (26.5%) from €3.51M to €4.44M.

Trade In December 2024, the top exports of Spain to El Salvador were Copper Wire (€1.36M), Pure Olive Oil (€943k), Iron Structures (€635k), Unglazed Ceramics (€391k), and Commodities not elsewhere specified (€365k). In December 2024 the top imports of Spain from El Salvador were Processed Fish (€3.99M), Non-fillet Frozen Fish (€1.04M), Insect Resins (€114k), Knit T-shirts (€103k), and Textile Scraps (€59.8k).

Origins In December 2024 the exports of Spain were mainly from Barcelona (€2.4M), Córdoba (€1.76M), Sevilla (€710k), Madrid (€652k), and Vizcaya (€544k), while imports destinations were mainly A Coruña (€2.87M), Granada (€1.17M), Murcia (€151k), Barcelona (€97.6k), and Madrid (€67.4k).

Growth In December 2024, the increase in Spain's year-by-year exports to El Salvador was explained primarily by an increase in product exports in Pure Olive Oil (€755k or 401%), Iron Structures (€512k or 416%), and Copper Wire (€297k or 27.9%). In December 2024, the increase in Spain's year-by-year imports  from El Salvador was explained primarily by an increase in product imports  in Insect Resins (€100k or 724%), Knit T-shirts (€84.3k or 458%), and Knit Men's Coats (€12.1k or 121%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)€1.09M(12.5%)
IMPORT GROWTH (December 2023 - December 2024)€930k(26.5%)
MAIN EXPORTER (December 2024)Barcelona€2.4M

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

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

For full datasets download visit Bulk Download page.

Explore El Salvador and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $192M to El Salvador. The main products exported from Spain to El Salvador were Packaged Medicaments ($25.1M), Copper Wire ($17M), and Other Edible Preparations ($8.61M). During the last 5 years the exports of Spain to El Salvador have decreased at an annualized rate of 5.79%, from $259M in 2018 to $192M in 2023.

In 2018, El Salvador exported $89.8M to Spain. The main products exported from El Salvador to Spain were Processed Fish ($47.4M), Refined Petroleum ($18.5M), and Non-fillet Frozen Fish ($11.4M). During the last 5 years the exports of El Salvador to Spain have increased at an annualized rate of 8.16%, from $60.7M in 2023 to $89.8M in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
El Salvador
Top DestinationUnited States$2.41B

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

In 2023, countries that imported more from Spain than El Salvador included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

Comparative Advantage Spain - El Salvador

Flow
Scale

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

During 2023, Spain had a large net trade with El Salvador in the exports of Chemical Products ($52.5M), Metals ($36.7M), and Machines ($27.7M).

During 2018, El Salvador had a large net trade with Spain in the exports of Foodstuffs ($54.6M), Mineral Products ($18.6M), and Animal Products ($11.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain El Salvador+$6.43MPackaged Medicaments
Top Product Potential El Salvador Spain+$8.05MRefined Petroleum

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

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

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