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Pricing

2022
Flag → Flag
Exports $809kRnk 65 / 145
2022
Flag → Flag
Top Product $564kPackaged Medicaments
2022
Flag → Flag
Exports $3.14MRnk 45 / 146
2022
Flag → Flag
Top Product $1.05MSoybean Oil
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag  
GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC $5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186

About

El Salvador-Bolivia Trade: In 2022, El Salvador exported $809k to Bolivia. The main products that El Salvador exported to Bolivia were Packaged Medicaments ($564k), Unpackaged Medicaments ($84.4k), and Sauces and Seasonings ($27.1k). Over the past 5 years the exports of El Salvador to Bolivia have decreased at an annualized rate of 6.22%, from $1.12M in 2017 to $809k in 2022.

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

Bolivia-El Salvador Trade: In 2022, Bolivia exported $3.14M to El Salvador. The main products that Bolivia exported to El Salvador were Soybean Oil ($1.05M), Other Uncoated Paper ($727k), and Friction Material ($593k). Over the past 5 years the exports of Bolivia to El Salvador have increased at an annualized rate of 12.2%,  from $1.76M in 2017 to $3.14M in 2022.

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

Comparison: In 2022,  El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $809k to Bolivia. The main products exported from El Salvador to Bolivia were Packaged Medicaments ($564k), Unpackaged Medicaments ($84.4k), and Sauces and Seasonings ($27.1k). During the last 5 years the exports of El Salvador to Bolivia have decreased at an annualized rate of 6.22%, from $1.12M in 2017 to $809k in 2022.

In 2017, Bolivia exported $3.14M to El Salvador. The main products exported from Bolivia to El Salvador were Soybean Oil ($1.05M), Other Uncoated Paper ($727k), and Friction Material ($593k). During the last 5 years the exports of Bolivia to El Salvador have increased at an annualized rate of 12.2%, from $1.76M in 2022 to $3.14M in 2017.

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

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

Latest Data

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

El Salvador Exports

Bolivia Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.87B
Bolivia
Top DestinationIndia$2.27B

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

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

In 2022, countries that imported more from Bolivia than El Salvador included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

Comparative Advantage El Salvador - Bolivia

Flow
Scale

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

During 2022, El Salvador had a large net trade with Bolivia in the exports of Chemical Products ($650k), Textiles ($44.7k), and Vegetable Products ($43.7k).

During 2017, Bolivia had a large net trade with El Salvador in the exports of Animal and Vegetable Bi-Products ($1.05M), Paper Goods ($769k), and Stone And Glass ($593k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Bolivia+$536kPackaged Medicaments
Top Product Potential Bolivia El Salvador+$599kSoybean Oil

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 El Salvador and Bolivia. This means that a dot/product with the flag of El Salvador indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over El Salvador.

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

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