2022
Flag  
GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

El Salvador-Vietnam Trade: In 2022, El Salvador exported $678k to Vietnam. The main products that El Salvador exported to Vietnam were Pile Fabric ($254k), Packaged Medicaments ($217k), and Ethylene Polymers ($97.9k). Over the past 5 years the exports of El Salvador to Vietnam have decreased at an annualized rate of 54.7%, from $35.5M in 2017 to $678k in 2022.

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

Vietnam-El Salvador Trade: In 2022, Vietnam exported $158M to El Salvador. The main products that Vietnam exported to El Salvador were Broadcasting Equipment ($87.6M), Cement ($17.5M), and Textile Footwear ($7.5M). Over the past 5 years the exports of Vietnam to El Salvador have increased at an annualized rate of 26%,  from $49.8M in 2017 to $158M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $678k to Vietnam. The main products exported from El Salvador to Vietnam were Pile Fabric ($254k), Packaged Medicaments ($217k), and Ethylene Polymers ($97.9k). During the last 5 years the exports of El Salvador to Vietnam have decreased at an annualized rate of 54.7%, from $35.5M in 2017 to $678k in 2022.

In 2017, Vietnam exported $158M to El Salvador. The main products exported from Vietnam to El Salvador were Broadcasting Equipment ($87.6M), Cement ($17.5M), and Textile Footwear ($7.5M). During the last 5 years the exports of Vietnam to El Salvador have increased at an annualized rate of 26%, from $49.8M in 2022 to $158M in 2017.

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

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

Latest Data

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

El Salvador Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.87B
Vietnam
Top Destination
United States$117B

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

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

In 2022, countries that imported more from Vietnam than El Salvador included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage El Salvador - Vietnam

Flow
Scale

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

During 2022, El Salvador had a large net trade with Vietnam in the exports of Textiles ($257k), Chemical Products ($217k), and Plastics and Rubbers ($147k).

During 2017, Vietnam had a large net trade with El Salvador in the exports of Machines ($105M), Mineral Products ($17.5M), and Textiles ($12.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Vietnam+$668kPackaged Medicaments
Top Product Potential Vietnam El Salvador+$18.3MTelephones

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

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

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