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Pricing

2023
Flag → Flag
Exports $1.15BRnk 2 / 150
2023
Flag → Flag
Top Product $79.1MPlastic Lids
2023
Flag → Flag
Exports $1.73BRnk 2 / 170
2023
Flag → Flag
Top Product $71.4MLight Rubberized Knitted Fabric
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 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$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

El Salvador-Guatemala Trade: In 2023, El Salvador exported $1.15B to Guatemala. The main products that El Salvador exported to Guatemala were Plastic Lids ($79.1M), Flavored Water ($66.4M), and Baked Goods ($53.9M). Over the past 5 years the exports of El Salvador to Guatemala have increased at an annualized rate of 4.22%, from $938M in 2018 to $1.15B in 2023.

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

Guatemala-El Salvador Trade: In 2023, Guatemala exported $1.73B to El Salvador. The main products that Guatemala exported to El Salvador were Light Rubberized Knitted Fabric ($71.4M), Packaged Medicaments ($64.7M), and Palm Oil ($56.4M). Over the past 5 years the exports of Guatemala to El Salvador have increased at an annualized rate of 4.17%,  from $1.3B in 2018 to $1.73B in 2023.

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

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, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, El Salvador exported $1.15B to Guatemala. The main products exported from El Salvador to Guatemala were Plastic Lids ($79.1M), Flavored Water ($66.4M), and Baked Goods ($53.9M). During the last 5 years the exports of El Salvador to Guatemala have increased at an annualized rate of 4.22%, from $938M in 2018 to $1.15B in 2023.

In 2018, Guatemala exported $1.73B to El Salvador. The main products exported from Guatemala to El Salvador were Light Rubberized Knitted Fabric ($71.4M), Packaged Medicaments ($64.7M), and Palm Oil ($56.4M). During the last 5 years the exports of Guatemala to El Salvador have increased at an annualized rate of 4.17%, from $1.3B in 2023 to $1.73B in 2018.

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

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

Latest Data

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

El Salvador Exports

Guatemala Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.41B
Guatemala
Top DestinationUnited States$5.16B

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 2023, countries that imported more from El Salvador than Guatemala included Slovakia ($13.3M), Czechia ($20.3M), and Hong Kong ($19.8M).

In 2023, countries that imported more from Guatemala than El Salvador included United States ($5.16B), Netherlands ($593M), and Nicaragua ($939M).

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

Comparative Advantage El Salvador - Guatemala

Flow
Scale

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

During 2023, El Salvador had a large net trade with Guatemala in the exports of Foodstuffs ($274M), Metals ($150M), and Plastics and Rubbers ($144M).

During 2018, Guatemala had a large net trade with El Salvador in the exports of Foodstuffs ($322M), Chemical Products ($286M), and Metals ($191M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Guatemala+$15.2MRefined Petroleum
Top Product Potential Guatemala El Salvador+$4.36MRefined Petroleum

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

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

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