2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
 GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC 
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186

About

Nicaragua-El Salvador In 2022, Nicaragua exported $437M to El Salvador. The main products that Nicaragua exported to El Salvador are Cheese ($137M), Bovine Meat ($124M), and Dried Legumes ($28.1M). During the last 27 years the exports of Nicaragua to El Salvador have increased at an annualized rate of 8.82%, from $44.6M in 1995 to $437M in 2022.

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

El Salvador-Nicaragua In 2022, El Salvador exported $497M to Nicaragua. The main products that El Salvador exported to Nicaragua were Petroleum Gas ($62.3M), Plastic Lids ($42.4M), and Packaged Medicaments ($31.2M). During the last 27 years the exports of El Salvador to Nicaragua have increased at an annualized rate of 7.59%, from $68.9M in 1995 to $497M in 2022.

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

Comparison In 2022,  Nicaragua ranked 107 in the Economic Complexity Index (ECI -1.03), and 111 in total exports ($7.92B). That same year, El Salvador ranked 65 in the Economic Complexity Index (ECI -0.062), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nicaragua exported $437M to El Salvador. The main products exported from Nicaragua to El Salvador were Cheese ($137M), Bovine Meat ($124M), and Dried Legumes ($28.1M). During the last 27 years the exports of Nicaragua to El Salvador have increased at an annualized rate of 8.82%, from $44.6M in 1995 to $437M in 2022.

In 2022, El Salvador exported $497M to Nicaragua. The main products exported from El Salvador to Nicaragua were Petroleum Gas ($62.3M), Plastic Lids ($42.4M), and Packaged Medicaments ($31.2M). During the last 27 years the exports of El Salvador to Nicaragua have increased at an annualized rate of 7.59%, from $68.9M in 1995 to $497M in 2022.

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

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

Latest Data

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

Nicaragua Exports

El Salvador Exports

Market Competitiveness

Color
Nicaragua
Top Destination
United States$4.09B
El Salvador
Top Destination
United States$2.87B

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

In 2021, countries that imported more from Nicaragua than El Salvador were United States ($4.09B), Mexico ($943M), and Switzerland ($118M).

In 2021, countries that imported more from El Salvador than Nicaragua were Guatemala ($1.21B), Honduras ($1.18B), and Dominican Republic ($141M).

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

Comparative Advantage Nicaragua - El Salvador

Flow
Scale

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

During 2022, Nicaragua had a large net trade with El Salvador in the exports of Animal Products ($305M), Vegetable Products ($52.7M), and Textiles ($29.6M).

During 2022, El Salvador had a large net trade with Nicaragua in the exports of Mineral Products ($83.1M), Plastics and Rubbers ($70M), and Chemical Products ($64.5M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nicaragua has comparative advantage over El Salvador. Similarly, the more yellow a dot/product is, the more El Salvador has comparative advantage over Nicaragua.

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

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