El Salvador (SLV) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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El Salvador-Mexico Trade: In 2022, El Salvador exported $220M to Mexico. The main products that El Salvador exported to Mexico were Insulated Wire ($48.5M), Knit T-shirts ($46M), and Raw Plastic Sheeting ($32.2M). Over the past 5 years the exports of El Salvador to Mexico have increased at an annualized rate of 9.91%, from $137M in 2017 to $220M in 2022.

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

Mexico-El Salvador Trade: In 2022, Mexico exported $1.25B to El Salvador. The main products that Mexico exported to El Salvador were Video Displays ($58.3M), Packaged Medicaments ($50.1M), and Cars ($49.8M). Over the past 5 years the exports of Mexico to El Salvador have increased at an annualized rate of 7.8%, from $861M in 2017 to $1.25B in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, El Salvador exported $220M to Mexico. The main products exported from El Salvador to Mexico were Insulated Wire ($48.5M), Knit T-shirts ($46M), and Raw Plastic Sheeting ($32.2M). During the last 5 years the exports of El Salvador to Mexico have increased at an annualized rate of 9.91%, from $137M in 2017 to $220M in 2022.

In 2017, Mexico exported $1.25B to El Salvador. The main products exported from Mexico to El Salvador were Video Displays ($58.3M), Packaged Medicaments ($50.1M), and Cars ($49.8M). During the last 5 years the exports of Mexico to El Salvador have increased at an annualized rate of 7.8%, from $861M in 2022 to $1.25B in 2017.

Exports from El Salvador () to Mexico () (2022)

Exports from Mexico () to El Salvador () (2022)

Latest Data

Trade between El Salvador () and Mexico ()

El Salvador Exports

Date

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.87B

Mexico
Top DestinationUnited States$421B

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

In 2022, countries that imported more from El Salvador than Mexico included Honduras ($1.18B), Haiti ($16.5M), and Mali ($714k).

In 2022, countries that imported more from Mexico than El Salvador included United States ($421B), Canada ($22.2B), and China ($12.7B).

Difference in imports from Mexico () and El Salvador () (2022)

Comparative Advantage El Salvador - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, El Salvador had a large net trade with Mexico in the exports of Textiles ($76.9M), Machines ($60.6M), and Plastics and Rubbers ($44.8M).

During 2017, Mexico had a large net trade with El Salvador in the exports of Machines ($258M), Chemical Products ($203M), and Foodstuffs ($156M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential El Salvador Mexico+$20MInsulated Wire

Top Product Potential Mexico El Salvador+$31.7MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from El Salvador () to Mexico () (2022)

Exports from Mexico () to El Salvador () (2022)

Latest Data

Trade between El Salvador () and Mexico ()

El Salvador Exports

Mexico Exports

Market Competitiveness

Difference in imports from Mexico () and El Salvador () (2022)

Comparative Advantage El Salvador - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of El Salvador () and Mexico () (2022)

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