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2022
Flag → Flag
Exports $242MRnk 116 / 217
2022
Flag → Flag
Top Product $29.7MLight Rubberized Knitted Fabric
2022
Flag → Flag
Exports $1.83MRnk 54 / 145
2022
Flag → Flag
Top Product $729kRough Wood
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 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 $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186

About

India-El Salvador Trade: In 2022, India exported $242M to El Salvador. The main products that India exported to El Salvador were Light Rubberized Knitted Fabric ($29.7M), Packaged Medicaments ($29M), and Knit Sweaters ($26.2M). Over the past 5 years the exports of India to El Salvador have increased at an annualized rate of 18.8%, from $102M in 2017 to $242M in 2022.

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

El Salvador-India Trade: In 2022, El Salvador exported $1.83M to India. The main products that El Salvador exported to India were Rough Wood ($729k), Scrap Aluminium ($299k), and Recovered Paper ($229k). Over the past 5 years the exports of El Salvador to India have decreased at an annualized rate of 24.2%,  from $7.3M in 2017 to $1.83M in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Latest Trends

August, 2024

About

Overview In August 2024, India exported $12M and imported $297k from El Salvador, resulting in a positive trade balance of $11.7M. Between August 2023 and August 2024 the exports of India have decreased by $-2.14M (-15.1%) from $14.2M to $12M, while imports increased by $91.7k (44.6%) from $205k to $297k.

Trade In August 2024, the top exports of India to El Salvador were Drug Formulations, Biologicals ($2.51M), Two And Three Wheelers ($1.89M), Motor Vehicle/Cars ($590k), Manmade Yarn,Fabrics,Madeups ($352k), and Other Construction Machinery ($322k). In August 2024 the top imports of India from El Salvador were Other Wood And Wood Products ($60.7k) and Essential Oils ($57.9k).

Growth In August 2024, the decrease in India's year-by-year exports to El Salvador was explained primarily by an decrease in product exports in Cotton Fabrics, Madeups Etc. ($-3.48M or -93.5%), Ceramics And Allied Products ($-136k or -66.9%), and Residul Chemicl And Alled Prod ($-132k or -56.4%). In August 2024, the increase in India's year-by-year imports  from El Salvador was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$-2.14M(-15.1%)
IMPORT GROWTH (August 2023 - August 2024)$91.7k(44.6%)

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

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

For full datasets download visit Bulk Download page.

Explore El Salvador and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $242M to El Salvador. The main products exported from India to El Salvador were Light Rubberized Knitted Fabric ($29.7M), Packaged Medicaments ($29M), and Knit Sweaters ($26.2M). During the last 5 years the exports of India to El Salvador have increased at an annualized rate of 18.8%, from $102M in 2017 to $242M in 2022.

In 2017, El Salvador exported $1.83M to India. The main products exported from El Salvador to India were Rough Wood ($729k), Scrap Aluminium ($299k), and Recovered Paper ($229k). During the last 5 years the exports of El Salvador to India have decreased at an annualized rate of 24.2%, from $7.3M in 2022 to $1.83M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
El Salvador
Top DestinationUnited States$2.87B

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

In 2022, countries that imported more from India than El Salvador included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from El Salvador than India included Honduras ($1.18B), Guatemala ($1.21B), and Costa Rica ($304M).

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

Comparative Advantage India - El Salvador

Flow
Scale

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

During 2022, India had a large net trade with El Salvador in the exports of Textiles ($87.6M), Chemical Products ($57.9M), and Transportation ($50.9M).

During 2017, El Salvador had a large net trade with India in the exports of Wood Products ($729k), Metals ($485k), and Paper Goods ($229k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India El Salvador+$15.3MPackaged Medicaments
Top Product Potential El Salvador India+$982kScrap Aluminium

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

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

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