2023
Flag  
GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
 GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC 
$5,391CURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP PC GROWTH
50.5%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC
$13,817CURRENT US$
Rnk 74 / 196
2013-2023
Flag
GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 195

About

El Salvador-Russia Trade: In 2023, El Salvador exported $19.6k to Russia. The main products that El Salvador exported to Russia were Coffee ($19.6k). Over the past 5 years the exports of El Salvador to Russia have decreased at an annualized rate of 63.6%, from $3.07M in 2018 to $19.6k in 2023.

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

Russia-El Salvador Trade: In 2023, Russia exported $45.3M to El Salvador. The main products that Russia exported to El Salvador were Malt ($18.5M), Nitrogenous Fertilizers ($18.1M), and Potassic Fertilizers ($4.4M). Over the past 5 years the exports of Russia to El Salvador have decreased at an annualized rate of 0.74%,  from $47M in 2018 to $45.3M in 2023.

In 2020, Russia exported services to El Salvador worth $43k, with Transportation ($33k), Financial services ($4k), and Computer and information services ($3k) being the largest in terms of value.

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, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, El Salvador exported $19.6k to Russia. The main products exported from El Salvador to Russia were Coffee ($19.6k). During the last 5 years the exports of El Salvador to Russia have decreased at an annualized rate of 63.6%, from $3.07M in 2018 to $19.6k in 2023.

In 2018, Russia exported $45.3M to El Salvador. The main products exported from Russia to El Salvador were Malt ($18.5M), Nitrogenous Fertilizers ($18.1M), and Potassic Fertilizers ($4.4M). During the last 5 years the exports of Russia to El Salvador have decreased at an annualized rate of 0.74%, from $47M in 2023 to $45.3M in 2018.

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

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

Latest Data

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

El Salvador Exports

Russia Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.41B
Russia
Top Destination
China$129B

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

In 2023, countries that imported more from El Salvador than Russia included Guatemala ($1.15B), Honduras ($1.03B), and Nicaragua ($511M).

In 2023, countries that imported more from Russia than El Salvador included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage El Salvador - Russia

Flow
Scale

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

During 2023, El Salvador had a large net trade with Russia in the exports of Vegetable Products ($19.6k).

During 2018, Russia had a large net trade with El Salvador in the exports of Chemical Products ($25.2M), Vegetable Products ($18.5M), and Metals ($1.34M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Russia+$656kCoffee
Top Product Potential Russia El Salvador+$2.5MMixed Mineral or Chemical Fertilizers

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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Bilateral Service Trade

In 2020, Russia exported services to El Salvador worth $43k, with Transportation ($33k), Financial services ($4k), and Computer and information services ($3k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to El Salvador (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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