2022
Flag  
GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC 
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

El Salvador-Thailand Trade: In 2022, El Salvador exported $5.99M to Thailand. The main products that El Salvador exported to Thailand were Electrical Capacitors ($4.65M), Scrap Iron ($785k), and Recovered Paper ($289k). Over the past 5 years the exports of El Salvador to Thailand have decreased at an annualized rate of 1.87%, from $6.58M in 2017 to $5.99M in 2022.

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

Thailand-El Salvador Trade: In 2022, Thailand exported $116M to El Salvador. The main products that Thailand exported to El Salvador were Delivery Trucks ($39.4M), Tantalum ($19.3M), and Household Washing Machines ($8.71M). Over the past 5 years the exports of Thailand to El Salvador have increased at an annualized rate of 1.86%,  from $103M in 2017 to $116M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $5.99M to Thailand. The main products exported from El Salvador to Thailand were Electrical Capacitors ($4.65M), Scrap Iron ($785k), and Recovered Paper ($289k). During the last 5 years the exports of El Salvador to Thailand have decreased at an annualized rate of 1.87%, from $6.58M in 2017 to $5.99M in 2022.

In 2017, Thailand exported $116M to El Salvador. The main products exported from Thailand to El Salvador were Delivery Trucks ($39.4M), Tantalum ($19.3M), and Household Washing Machines ($8.71M). During the last 5 years the exports of Thailand to El Salvador have increased at an annualized rate of 1.86%, from $103M in 2022 to $116M in 2017.

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

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

Latest Data

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

El Salvador Exports

Thailand Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.87B
Thailand
Top Destination
United States$53.4B

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

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

In 2022, countries that imported more from Thailand than El Salvador included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage El Salvador - Thailand

Flow
Scale

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

During 2022, El Salvador had a large net trade with Thailand in the exports of N/A.

During 2017, Thailand had a large net trade with El Salvador in the exports of Transportation ($52.3M), Metals ($20.4M), and Machines ($18.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Thailand+$1.71MElectrical Capacitors
Top Product Potential Thailand El Salvador+$5.62MCars

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

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

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