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2023
Flag → Flag
Exports $48.8kRnk 108 / 150
2023
Flag → Flag
Top Product $36.9kUsed Clothing
2023
Flag → Flag
Exports $3.74MRnk 110 / 200
2023
Flag → Flag
Top Product $560kMedical Instruments
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.69Rnk 38 / 132
2023
Flag  
GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
 GDP$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
GDP PC $5,391CURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP PC GROWTH50.5%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC$15,886CURRENT US$
Rnk 72 / 196
2013-2023
Flag
GDP PC GROWTH107%CURRENT US$
Rnk 6 / 195

About

El Salvador-Bulgaria Trade: In 2023, El Salvador exported $48.8k to Bulgaria. The main products that El Salvador exported to Bulgaria were Used Clothing ($36.9k), Medical Instruments ($9.04k), and Jewellery ($1.75k). Over the past 5 years the exports of El Salvador to Bulgaria have decreased at an annualized rate of 7.7%, from $72.8k in 2018 to $48.8k in 2023.

In 2023, El Salvador did not export any services to Bulgaria.

Bulgaria-El Salvador Trade: In 2023, Bulgaria exported $3.74M to El Salvador. The main products that Bulgaria exported to El Salvador were Medical Instruments ($560k), Centrifuges ($437k), and Office Machine Parts ($370k). Over the past 5 years the exports of Bulgaria to El Salvador have increased at an annualized rate of 3.99%,  from $1.64M in 2018 to $3.74M in 2023.

In 2019, Bulgaria exported services to El Salvador worth $2.28M, with Other business services ($913k), Travel ($685k), and Computer and information services ($685k) being the largest in terms of value.

Comparison: In 2023,  El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, El Salvador exported $48.8k to Bulgaria. The main products exported from El Salvador to Bulgaria were Used Clothing ($36.9k), Medical Instruments ($9.04k), and Jewellery ($1.75k). During the last 5 years the exports of El Salvador to Bulgaria have decreased at an annualized rate of 7.7%, from $72.8k in 2018 to $48.8k in 2023.

In 2018, Bulgaria exported $3.74M to El Salvador. The main products exported from Bulgaria to El Salvador were Medical Instruments ($560k), Centrifuges ($437k), and Office Machine Parts ($370k). During the last 5 years the exports of Bulgaria to El Salvador have increased at an annualized rate of 3.99%, from $1.64M in 2023 to $3.74M in 2018.

Exports from El Salvador (Flag) to Bulgaria (Flag) (2023)

Exports from Bulgaria (Flag) to El Salvador (Flag) (2023)

Latest Data

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

El Salvador Exports

Bulgaria Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.41B
Bulgaria
Top DestinationGermany$6.84B

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

In 2023, countries that imported more from El Salvador than Bulgaria included Guatemala ($1.15B), Honduras ($1.03B), and United States ($2.41B).

In 2023, countries that imported more from Bulgaria than El Salvador included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

Difference in imports from Bulgaria (Flag) and El Salvador (Flag) (2023)

Comparative Advantage El Salvador - Bulgaria

Flow
Scale

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

During 2023, El Salvador had a large net trade with Bulgaria in the exports of Textiles ($36.9k), Instruments ($9.55k), and Precious Metals ($1.75k).

During 2018, Bulgaria had a large net trade with El Salvador in the exports of Machines ($1.78M), Instruments ($729k), and Foodstuffs ($447k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Bulgaria+$493kRaw Sugar
Top Product Potential Bulgaria El Salvador+$293kMedical Instruments

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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Bilateral Service Trade

In 2019, Bulgaria exported services to El Salvador worth $2.28M, with Other business services ($913k), Travel ($685k), and Computer and information services ($685k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria (Flag) to El Salvador (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of El Salvador and Bulgaria. This means that a dot/product with the flag of El Salvador indicates it has a comparative advantage over Bulgaria. Similarly, a dot/product with the flag of Bulgaria indicates it has a comparative advantage over El Salvador.

Product Space of El Salvador (Flag) and Bulgaria (Flag) (2023)

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