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Pricing

2022
Flag → Flag
Exports $304MRnk 5 / 145
2022
Flag → Flag
Top Product $70MToilet Paper
2022
Flag → Flag
Exports $383MRnk 10 / 178
2022
Flag → Flag
Top Product $51.5MOther Edible Preparations
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 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$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

El Salvador-Costa Rica Trade: In 2022, El Salvador exported $304M to Costa Rica. The main products that El Salvador exported to Costa Rica were Toilet Paper ($70M), Plastic Lids ($33.7M), and Processed Fish ($19.3M). Over the past 5 years the exports of El Salvador to Costa Rica have increased at an annualized rate of 2.59%, from $267M in 2017 to $304M in 2022.

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

Costa Rica-El Salvador Trade: In 2022, Costa Rica exported $383M to El Salvador. The main products that Costa Rica exported to El Salvador were Other Edible Preparations ($51.5M), Sauces and Seasonings ($19.8M), and Insulated Wire ($18.2M). Over the past 5 years the exports of Costa Rica to El Salvador have increased at an annualized rate of 2.84%,  from $290M in 2017 to $383M in 2022.

In 2022, Costa Rica 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, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $304M to Costa Rica. The main products exported from El Salvador to Costa Rica were Toilet Paper ($70M), Plastic Lids ($33.7M), and Processed Fish ($19.3M). During the last 5 years the exports of El Salvador to Costa Rica have increased at an annualized rate of 2.59%, from $267M in 2017 to $304M in 2022.

In 2017, Costa Rica exported $383M to El Salvador. The main products exported from Costa Rica to El Salvador were Other Edible Preparations ($51.5M), Sauces and Seasonings ($19.8M), and Insulated Wire ($18.2M). During the last 5 years the exports of Costa Rica to El Salvador have increased at an annualized rate of 2.84%, from $290M in 2022 to $383M in 2017.

Exports from El Salvador (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to El Salvador (Flag) (2022)

Latest Data

Trade between El Salvador (Flag) and Costa Rica (Flag)

El Salvador Exports

Costa Rica Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.87B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from El Salvador than Costa Rica included Honduras ($1.18B), Guatemala ($1.21B), and Belize ($21.6M).

In 2022, countries that imported more from Costa Rica than El Salvador included United States ($6.83B), Netherlands ($1.22B), and Belgium ($775M).

Difference in imports from Costa Rica (Flag) and El Salvador (Flag) (2022)

Comparative Advantage El Salvador - Costa Rica

Flow
Scale

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

During 2022, El Salvador had a large net trade with Costa Rica in the exports of Paper Goods ($94.5M), Plastics and Rubbers ($57.2M), and Foodstuffs ($43.6M).

During 2017, Costa Rica had a large net trade with El Salvador in the exports of Foodstuffs ($123M), Chemical Products ($49.3M), and Metals ($39.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Costa Rica+$3.07MRefined Petroleum
Top Product Potential Costa Rica El Salvador+$1.51MMedical 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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Economic Complexity

Competitive Landscape

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

Product Space of El Salvador (Flag) and Costa Rica (Flag) (2022)

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