2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$32.5BCURRENT US$
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2012-2022
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GDP GROWTH
51.9%CURRENT US$
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2022
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$5,127CURRENT US$
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2012-2022
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GDP PC GROWTH
47.7%CURRENT US$
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About

Japan-El Salvador Trade: In 2022, Japan exported $248M to El Salvador. The main products that Japan exported to El Salvador were Delivery Trucks ($36.7M), Cars ($36M), and Hot-Rolled Iron ($31.9M). Over the past 5 years the exports of Japan to El Salvador have increased at an annualized rate of 3.17%, from $212M in 2017 to $248M in 2022.

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

El Salvador-Japan Trade: In 2022, El Salvador exported $16.8M to Japan. The main products that El Salvador exported to Japan were Coffee ($12.7M), Leather Footwear ($1.45M), and Knit Sweaters ($728k). Over the past 5 years the exports of El Salvador to Japan have decreased at an annualized rate of 1.72%,  from $18.3M in 2017 to $16.8M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). 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, Japan exported $248M to El Salvador. The main products exported from Japan to El Salvador were Delivery Trucks ($36.7M), Cars ($36M), and Hot-Rolled Iron ($31.9M). During the last 5 years the exports of Japan to El Salvador have increased at an annualized rate of 3.17%, from $212M in 2017 to $248M in 2022.

In 2017, El Salvador exported $16.8M to Japan. The main products exported from El Salvador to Japan were Coffee ($12.7M), Leather Footwear ($1.45M), and Knit Sweaters ($728k). During the last 5 years the exports of El Salvador to Japan have decreased at an annualized rate of 1.72%, from $18.3M in 2022 to $16.8M in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
El Salvador
Top Destination
United States$2.87B

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

In 2022, countries that imported more from Japan than El Salvador included China ($135B), United States ($137B), and South Korea ($50.8B).

In 2022, countries that imported more from El Salvador than Japan included Honduras ($1.18B), Guatemala ($1.21B), and Nicaragua ($497M).

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

Comparative Advantage Japan - El Salvador

Flow
Scale

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

During 2022, Japan had a large net trade with El Salvador in the exports of Transportation ($107M), Metals ($56.9M), and Machines ($39.8M).

During 2017, El Salvador had a large net trade with Japan in the exports of Vegetable Products ($12.7M), Textiles ($2.23M), and Footwear and Headwear ($1.48M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan El Salvador+$21.1MCars
Top Product Potential El Salvador Japan+$5.65MCoffee

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

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

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