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Pricing

2022
Flag → Flag
Exports $951kRnk 62 / 145
2022
Flag → Flag
Top Product $689kElectrical Capacitors
2022
Flag → Flag
Exports $7.59MRnk 88 / 205
2022
Flag → Flag
Top Product $2.95MOffice Machine Parts
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 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$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

El Salvador-Philippines Trade: In 2022, El Salvador exported $951k to Philippines. The main products that El Salvador exported to Philippines were Electrical Capacitors ($689k), Knit T-shirts ($102k), and Cars ($47.3k). Over the past 5 years the exports of El Salvador to Philippines have increased at an annualized rate of 14%, from $495k in 2017 to $951k in 2022.

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

Philippines-El Salvador Trade: In 2022, Philippines exported $7.59M to El Salvador. The main products that Philippines exported to El Salvador were Office Machine Parts ($2.95M), Electrical Transformers ($1.04M), and Insulated Wire ($465k). Over the past 5 years the exports of Philippines to El Salvador have decreased at an annualized rate of 2.76%,  from $8.73M in 2017 to $7.59M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $951k to Philippines. The main products exported from El Salvador to Philippines were Electrical Capacitors ($689k), Knit T-shirts ($102k), and Cars ($47.3k). During the last 5 years the exports of El Salvador to Philippines have increased at an annualized rate of 14%, from $495k in 2017 to $951k in 2022.

In 2017, Philippines exported $7.59M to El Salvador. The main products exported from Philippines to El Salvador were Office Machine Parts ($2.95M), Electrical Transformers ($1.04M), and Insulated Wire ($465k). During the last 5 years the exports of Philippines to El Salvador have decreased at an annualized rate of 2.76%, from $8.73M in 2022 to $7.59M in 2017.

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

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

Latest Data

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

El Salvador Exports

Philippines Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.87B
Philippines
Top DestinationUnited States$15.5B

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

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

In 2022, countries that imported more from Philippines than El Salvador included China ($15.3B), United States ($15.5B), and Hong Kong ($12.6B).

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

Comparative Advantage El Salvador - Philippines

Flow
Scale

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

During 2022, El Salvador had a large net trade with Philippines in the exports of Machines ($726k), Textiles ($115k), and Transportation ($47.3k).

During 2017, Philippines had a large net trade with El Salvador in the exports of Machines ($5.63M), Chemical Products ($574k), and Vegetable Products ($362k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Philippines+$412kKnit T-shirts
Top Product Potential Philippines El Salvador+$1.59MIndustrial Printers

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

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

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