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Pricing

2022
Flag → Flag
Exports $87.6kRnk 101 / 145
2022
Flag → Flag
Top Product $53.1kElectrical Transformers
2022
Flag → Flag
Exports $5.55MRnk 117 / 205
2022
Flag → Flag
Top Product $1.09MCars
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 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$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

El Salvador-Hungary Trade: In 2022, El Salvador exported $87.6k to Hungary. The main products that El Salvador exported to Hungary were Electrical Transformers ($53.1k), Integrated Circuits ($17k), and Broadcasting Equipment ($16.7k). Over the past 5 years the exports of El Salvador to Hungary have increased at an annualized rate of 9.57%, from $55.5k in 2017 to $87.6k in 2022.

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

Hungary-El Salvador Trade: In 2022, Hungary exported $5.55M to El Salvador. The main products that Hungary exported to El Salvador were Cars ($1.09M), Packaged Medicaments ($512k), and Other Uncoated Paper ($391k). Over the past 5 years the exports of Hungary to El Salvador have increased at an annualized rate of 2.47%,  from $4.91M in 2017 to $5.55M in 2022.

In 2022, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $87.6k to Hungary. The main products exported from El Salvador to Hungary were Electrical Transformers ($53.1k), Integrated Circuits ($17k), and Broadcasting Equipment ($16.7k). During the last 5 years the exports of El Salvador to Hungary have increased at an annualized rate of 9.57%, from $55.5k in 2017 to $87.6k in 2022.

In 2017, Hungary exported $5.55M to El Salvador. The main products exported from Hungary to El Salvador were Cars ($1.09M), Packaged Medicaments ($512k), and Other Uncoated Paper ($391k). During the last 5 years the exports of Hungary to El Salvador have increased at an annualized rate of 2.47%, from $4.91M in 2022 to $5.55M in 2017.

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

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

Latest Data

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

El Salvador Exports

Hungary Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.87B
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from El Salvador than Hungary included Guatemala ($1.21B), Honduras ($1.18B), and Nicaragua ($497M).

In 2022, countries that imported more from Hungary than El Salvador included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

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

Comparative Advantage El Salvador - Hungary

Flow
Scale

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

During 2022, El Salvador had a large net trade with Hungary in the exports of Machines ($87k), Textiles ($585), and Miscellaneous ($83).

During 2017, Hungary had a large net trade with El Salvador in the exports of Chemical Products ($1.16M), Transportation ($1.15M), and Machines ($1.11M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Hungary+$84.9kElectrical Transformers
Top Product Potential Hungary El Salvador+$2.44MCars

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

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

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