El Salvador (SLV) and Nicaragua (NIC) Trade | The Observatory of Economic Complexity

2022

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Exports $497MRnk 4 / 145

2022

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About

El Salvador-Nicaragua Trade: In 2022, El Salvador exported $497M to Nicaragua. The main products that El Salvador exported to Nicaragua were Petroleum Gas ($62.3M), Plastic Lids ($42.4M), and Packaged Medicaments ($31.2M). Over the past 5 years the exports of El Salvador to Nicaragua have increased at an annualized rate of 2.84%, from $432M in 2017 to $497M in 2022.

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

Nicaragua-El Salvador In N/A, Nicaragua did not export any products to El Salvador.

In 2022, Nicaragua 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, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Latest Data

Trade between El Salvador () and Nicaragua ()

El Salvador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.87B

Nicaragua
Top DestinationUnited States$4.09B

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

In 2022, countries that imported more from El Salvador than Nicaragua included Guatemala ($1.21B), Honduras ($1.18B), and Dominican Republic ($141M).

In 2022, countries that imported more from Nicaragua than El Salvador included United States ($4.09B), Mexico ($943M), and Switzerland ($118M).

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

Economic Complexity

Competitive Landscape

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