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Pricing

2022
Flag → Flag
Exports $70.4kRnk 118 / 160
2022
Flag → Flag
Top Product $53.2kOther Plastic Products
2022
Flag → Flag
Exports $218kRnk 88 / 145
2022
Flag → Flag
Top Product $52.2kKnit T-shirts
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 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 $72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186

About

Iceland-El Salvador Trade: In 2022, Iceland exported $70.4k to El Salvador. The main products that Iceland exported to El Salvador were Other Plastic Products ($53.2k), Oscilloscopes ($5.19k), and Blank Audio Media ($4.11k). Over the past 5 years the exports of Iceland to El Salvador have decreased at an annualized rate of 28.3%, from $371k in 2017 to $70.4k in 2022.

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

El Salvador-Iceland Trade: In 2022, El Salvador exported $218k to Iceland. The main products that El Salvador exported to Iceland were Knit T-shirts ($52.2k), Knit Sweaters ($42k), and Processed Fish ($28.9k). Over the past 5 years the exports of El Salvador to Iceland have increased at an annualized rate of 2.23%,  from $195k in 2017 to $218k in 2022.

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. 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, Iceland exported $70.4k to El Salvador. The main products exported from Iceland to El Salvador were Other Plastic Products ($53.2k), Oscilloscopes ($5.19k), and Blank Audio Media ($4.11k). During the last 5 years the exports of Iceland to El Salvador have decreased at an annualized rate of 28.3%, from $371k in 2017 to $70.4k in 2022.

In 2017, El Salvador exported $218k to Iceland. The main products exported from El Salvador to Iceland were Knit T-shirts ($52.2k), Knit Sweaters ($42k), and Processed Fish ($28.9k). During the last 5 years the exports of El Salvador to Iceland have increased at an annualized rate of 2.23%, from $195k in 2022 to $218k in 2017.

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

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

Latest Data

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

Iceland Exports

Date

El Salvador Exports

Date

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
El Salvador
Top DestinationUnited States$2.87B

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

In 2022, countries that imported more from Iceland than El Salvador included Netherlands ($1.97B), United Kingdom ($672M), and Germany ($573M).

In 2022, countries that imported more from El Salvador than Iceland included United States ($2.87B), Guatemala ($1.21B), and Honduras ($1.18B).

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

Comparative Advantage Iceland - El Salvador

Flow
Scale

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

During 2022, Iceland had a large net trade with El Salvador in the exports of Plastics and Rubbers ($53.2k), Instruments ($8.22k), and Machines ($5.1k).

During 2017, El Salvador had a large net trade with Iceland in the exports of Textiles ($181k), Foodstuffs ($29k), and Footwear and Headwear ($2.55k).

Economic Complexity

Competitive Landscape

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

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

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