Finland (FIN) and El Salvador (SLV) Trade | The Observatory of Economic Complexity

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Finland-El Salvador Trade: In 2023, Finland exported $17.4M to El Salvador. The main products that Finland exported to El Salvador were Kraft Paper ($3.64M), Other Uncoated Paper ($2.43M), and Electric Generating Sets ($1.68M). Over the past 5 years the exports of Finland to El Salvador have increased at an annualized rate of 5.93%, from $13M in 2018 to $17.4M in 2023.

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

El Salvador-Finland Trade: In 2023, El Salvador exported $1.78M to Finland. The main products that El Salvador exported to Finland were Processed Fish ($824k), Coffee ($612k), and Cars ($63k). Over the past 5 years the exports of El Salvador to Finland have increased at an annualized rate of 1.76%, from $1.49M in 2018 to $1.78M in 2023.

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

Comparison: In 2023, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Finland exported $17.4M to El Salvador. The main products exported from Finland to El Salvador were Kraft Paper ($3.64M), Other Uncoated Paper ($2.43M), and Electric Generating Sets ($1.68M). During the last 5 years the exports of Finland to El Salvador have increased at an annualized rate of 5.93%, from $13M in 2018 to $17.4M in 2023.

In 2018, El Salvador exported $1.78M to Finland. The main products exported from El Salvador to Finland were Processed Fish ($824k), Coffee ($612k), and Cars ($63k). During the last 5 years the exports of El Salvador to Finland have increased at an annualized rate of 1.76%, from $1.49M in 2023 to $1.78M in 2018.

Exports from Finland () to El Salvador () (2023)

Exports from El Salvador () to Finland () (2023)

Latest Data

Trade between Finland () and El Salvador ()

Finland Exports

Date

El Salvador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationUnited States$9.68B

El Salvador
Top DestinationUnited States$2.41B

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

In 2023, countries that imported more from Finland than El Salvador included Germany ($9.26B), Sweden ($8.13B), and United States ($9.68B).

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

Difference in imports from El Salvador () and Finland () (2023)

Comparative Advantage Finland - El Salvador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with El Salvador in the exports of Paper Goods ($6.77M), Machines ($6.35M), and Plastics and Rubbers ($1.59M).

During 2018, El Salvador had a large net trade with Finland in the exports of Foodstuffs ($825k), Vegetable Products ($613k), and Textiles ($140k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland El Salvador+$931kKaolin Coated Paper

Top Product Potential El Salvador Finland+$1.04MCoffee

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to El Salvador () (2023)

Exports from El Salvador () to Finland () (2023)

Latest Data

Trade between Finland () and El Salvador ()

Finland Exports

El Salvador Exports

Market Competitiveness

Difference in imports from El Salvador () and Finland () (2023)

Comparative Advantage Finland - El Salvador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and El Salvador () (2023)

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