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Pricing

2022
Flag → Flag
Exports $2.03BRnk 2 / 162
2022
Flag → Flag
Top Product $116MLight Rubberized Knitted Fabric
2022
Flag → Flag
Exports $1.21BRnk 2 / 145
2022
Flag → Flag
Top Product $78.7MPlastic Lids
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag  
GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC $5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186

About

Guatemala-El Salvador Trade: In 2022, Guatemala exported $2.03B to El Salvador. The main products that Guatemala exported to El Salvador were Light Rubberized Knitted Fabric ($116M), Petroleum Gas ($86M), and Electricity ($85.1M). Over the past 5 years the exports of Guatemala to El Salvador have increased at an annualized rate of 10.9%, from $1.21B in 2017 to $2.03B in 2022.

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

El Salvador-Guatemala Trade: In 2022, El Salvador exported $1.21B to Guatemala. The main products that El Salvador exported to Guatemala were Plastic Lids ($78.7M), Light Rubberized Knitted Fabric ($59.8M), and Petroleum Gas ($55M). Over the past 5 years the exports of El Salvador to Guatemala have increased at an annualized rate of 7.69%,  from $836M in 2017 to $1.21B in 2022.

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

Comparison: In 2022,  Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B). 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, Guatemala exported $2.03B to El Salvador. The main products exported from Guatemala to El Salvador were Light Rubberized Knitted Fabric ($116M), Petroleum Gas ($86M), and Electricity ($85.1M). During the last 5 years the exports of Guatemala to El Salvador have increased at an annualized rate of 10.9%, from $1.21B in 2017 to $2.03B in 2022.

In 2017, El Salvador exported $1.21B to Guatemala. The main products exported from El Salvador to Guatemala were Plastic Lids ($78.7M), Light Rubberized Knitted Fabric ($59.8M), and Petroleum Gas ($55M). During the last 5 years the exports of El Salvador to Guatemala have increased at an annualized rate of 7.69%, from $836M in 2022 to $1.21B in 2017.

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

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

Latest Data

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

Guatemala Exports

El Salvador Exports

Market Competitiveness

Color
Guatemala
Top DestinationUnited States$5.23B
El Salvador
Top DestinationUnited States$2.87B

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

In 2022, countries that imported more from Guatemala than El Salvador included United States ($5.23B), Netherlands ($658M), and Nicaragua ($1B).

In 2022, countries that imported more from El Salvador than Guatemala included Singapore ($18.7M), Czechia ($11.7M), and Slovakia ($7.38M).

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

Comparative Advantage Guatemala - El Salvador

Flow
Scale

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

During 2022, Guatemala had a large net trade with El Salvador in the exports of Foodstuffs ($312M), Chemical Products ($305M), and Mineral Products ($251M).

During 2017, El Salvador had a large net trade with Guatemala in the exports of Foodstuffs ($243M), Textiles ($177M), and Plastics and Rubbers ($164M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala El Salvador+$4.36MRefined Petroleum
Top Product Potential El Salvador Guatemala+$15.2MRefined 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 Guatemala and El Salvador. This means that a dot/product with the flag of Guatemala 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 Guatemala.

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

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