Flag El Salvador / Guatemala Flag

2019
FlagFlag
Exports
: $965M, Rnk 2 / 144

2019
FlagFlag
Top Product
: $64.3M, Plastic Lids

2019
FlagFlag
Exports
: $1.38B, Rnk 2 / 162

2019
FlagFlag
Top Product
: $154M, Electricity

2019
Flag
Economic Complexity (ECI)
: ECI 0.017, Rnk 69 / 146

2019
Flag
Economic Complexity (ECI)
: ECI -0.24, Rnk 82 / 146

2019
Flag  
GDP
: $27B, CURRENT US$
Rnk 102 / 187

2009-2019
Flag
GDP GROWTH
: 53.5%, CURRENT US$
Rnk 88 / 187

2019
Flag
 GDP
: $76.7B, CURRENT US$
Rnk 68 / 187

2009-2019
Flag
GDP GROWTH
: 103%, CURRENT US$
Rnk 31 / 187

2019
Flag
GDP PC 
: $4,187, CURRENT US$
Rnk 116 / 187

2009-2019
Flag
GDP PC GROWTH
: 46.5%, CURRENT US$
Rnk 61 / 187

2019
Flag
GDP PC
: $4,620, CURRENT US$
Rnk 110 / 187

2009-2019
Flag
GDP PC GROWTH
: 71.4%, CURRENT US$
Rnk 32 / 187

El Salvador-Guatemala In 2019, El Salvador exported $965M to Guatemala. The main products that El Salvador exported to Guatemala are Plastic Lids ($64.3M), Flavored Water ($54.2M), and Baked Goods ($52.6M). During the last 24 years the exports of El Salvador to Guatemala have increased at an annualized rate of 6.59%, from $208M in 1995 to $965M in 2019.

In 2019, El Salvador did not export any services to Guatemala.

Guatemala-El Salvador In 2019, Guatemala exported $1.38B to El Salvador . The main products that Guatemala exported to El Salvador were Electricity ($154M), Light Rubberized Knitted Fabric ($73.7M), and Petroleum Gas ($54.7M). During the last 24 years the exports of Guatemala to El Salvador have increased at an annualized rate of 6.72%, from $291M in 1995 to $1.38B in 2019.

In 2019, Guatemala did not export any services to El Salvador.

Comparison In 2019,  El Salvador ranked 69 in the Economic Complexity Index (ECI 0.017), and 106 in total exports ($6.27B). That same year, Guatemala ranked 82 in the Economic Complexity Index (ECI -0.24), and 85 in total exports ($11.8B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, El Salvador exported $965M to Guatemala. The main products exported from El Salvador to Guatemala were Plastic Lids ($64.3M), Flavored Water ($54.2M), and Baked Goods ($52.6M). During the last 24 years the exports of El Salvador to Guatemala have increased at an annualized rate of 6.59%, from $208M in 1995 to $965M in 2019.

In 2019, Guatemala exported $1.38B to El Salvador. The main products exported from Guatemala to El Salvador were Electricity ($154M), Light Rubberized Knitted Fabric ($73.7M), and Petroleum Gas ($54.7M). During the last 24 years the exports of Guatemala to El Salvador have increased at an annualized rate of 6.72%, from $291M in 1995 to $1.38B in 2019.

El Salvador Exports

#permalink to section

Guatemala Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

El Salvador
Top Destination
: United States, $2.53B

Guatemala
Top Destination
: United States, $3.92B

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

In 2019, countries that imported more from El Salvador than Guatemala were Hong Kong ($88.6M), Tunisia ($2.26M), and Mauritius ($1.27M).

In 2019, countries that imported more from Guatemala than El Salvador were United States ($3.92B), Mexico ($571M), and Canada ($408M).

Comparative Advantage El Salvador - Guatemala

#permalink to section
Depth

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

During 2019, El Salvador had a large net trade with Guatemala in the exports of Foodstuffs ($228M), Plastics and Rubbers ($126M), and Textiles ($118M).

During 2019, Guatemala had a large net trade with El Salvador in the exports of Mineral Products ($231M), Foodstuffs ($230M), and Chemical Products ($198M).

Tariff Section

#permalink to section

This section shows import tariffs for products traded between El Salvador and Guatemala (using the HS6 product classification and the last year reported).

In 2018, the products from El Salvador that paid the highest import tariffs to enter Guatemala were Coffee, not roasted, decaffeinated (15%) and Coffee, not roasted, not decaffeinated (13.8%).

In 2015, the products from Guatemala that paid the highest import tariffs to enter El Salvador were Coffee, not roasted, decaffeinated (15%) and Coffee, not roasted, not decaffeinated (13.8%).

*The tariffs present between El Salvador and Guatemala are:
136: Most Favoured Nation duty rate treatement
181: Preferential tariff for Central American Common Market CACM (Spanish: Mercado Común Centroamericano MCCA) Central American Integration System SICA
229: Preferential tariff for Guatemala

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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