2022
Flag  
GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC 
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186

About

El Salvador-Chinese Taipei Trade: In 2022, El Salvador exported $9.76M to Chinese Taipei. The main products that El Salvador exported to Chinese Taipei were Raw Sugar ($2.82M), Scrap Iron ($2.2M), and Scrap Plastic ($1.21M). Over the past 5 years the exports of El Salvador to Chinese Taipei have decreased at an annualized rate of 30.2%, from $58.7M in 2017 to $9.76M in 2022.

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

Chinese Taipei-El Salvador Trade: In 2022, Chinese Taipei exported $125M to El Salvador. The main products that Chinese Taipei exported to El Salvador were Motor vehicles; parts and accessories (8701 to 8705) ($11.8M), Polyacetals ($10.3M), and Light Rubberized Knitted Fabric ($7.41M). Over the past 5 years the exports of Chinese Taipei to El Salvador have decreased at an annualized rate of 2.01%,  from $138M in 2017 to $125M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $9.76M to Chinese Taipei. The main products exported from El Salvador to Chinese Taipei were Raw Sugar ($2.82M), Scrap Iron ($2.2M), and Scrap Plastic ($1.21M). During the last 5 years the exports of El Salvador to Chinese Taipei have decreased at an annualized rate of 30.2%, from $58.7M in 2017 to $9.76M in 2022.

In 2017, Chinese Taipei exported $125M to El Salvador. The main products exported from Chinese Taipei to El Salvador were Motor vehicles; parts and accessories (8701 to 8705) ($11.8M), Polyacetals ($10.3M), and Light Rubberized Knitted Fabric ($7.41M). During the last 5 years the exports of Chinese Taipei to El Salvador have decreased at an annualized rate of 2.01%, from $138M in 2022 to $125M in 2017.

Exports from El Salvador (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to El Salvador (Flag) (2022)

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.87B
Chinese Taipei
Top Destination
China$121B

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

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

In 2022, countries that imported more from Chinese Taipei than El Salvador included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and El Salvador (Flag) (2022)

Comparative Advantage El Salvador - Chinese Taipei

Flow
Scale

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

During 2022, El Salvador had a large net trade with Chinese Taipei in the exports of Metals ($2.99M), Foodstuffs ($2.85M), and Plastics and Rubbers ($2.06M).

During 2017, Chinese Taipei had a large net trade with El Salvador in the exports of Machines ($36.5M), Plastics and Rubbers ($33M), and Textiles ($15.8M).

Economic Complexity

Competitive Landscape

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

Product Space of El Salvador (Flag) and Chinese Taipei (Flag) (2022)

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