2022
Exports
$11.1MWorld Rnk 70 / 165
Flag Rnk 93 / 944
2022
PRODUCT COMPLEXITY IN Coated Flat-Rolled Iron
0.04Rnk 538 / 1025
2022
Imports
$96.7MWorld Rnk 89 / 218
Flag Rnk 30 / 1153
2022
ECONOMIC COMPLEXITY of El Salvador
-0.029Rnk 68 / 133

About

Exports In 2022, El Salvador exported $11.1M in Coated Flat-Rolled Iron, making it the 70th largest exporter of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 93rd most exported product in El Salvador. The main destination of Coated Flat-Rolled Iron exports from El Salvador are: Honduras ($7.2M), Nicaragua ($2.51M), Guatemala ($1.26M), Belize ($88.1k), and Dominican Republic ($32.4k).

The fastest growing export markets for Coated Flat-Rolled Iron of El Salvador between 2021 and 2022 were Nicaragua ($680k), Guatemala ($396k), and Belize ($73.7k).

Imports In 2022, El Salvador imported $96.7M in Coated Flat-Rolled Iron, becoming the 89th largest importer of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 30th most imported product in El Salvador. El Salvador imports Coated Flat-Rolled Iron primarily from: China ($54.7M), Mexico ($10.9M), South Korea ($8.65M), Guatemala ($7.35M), and Honduras ($5.26M).

The fastest growing import markets in Coated Flat-Rolled Iron for El Salvador between 2021 and 2022 were Mexico ($3.22M), China ($2.79M), and Spain ($294k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Coated Flat-Rolled Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.1M
IMPORTS (2022)$96.7M
NET TRADE (2022)-$85.6M

In 2022, El Salvador exported $11.1M in Coated Flat-Rolled Iron. The main destinations of El Salvador exports on Coated Flat-Rolled Iron were Honduras ($7.2M), Nicaragua ($2.51M), Guatemala ($1.26M), Belize ($88.1k), and Dominican Republic ($32.4k).

In 2022, El Salvador imported $96.7M in Coated Flat-Rolled Iron, mainly from China ($54.7M), Mexico ($10.9M), South Korea ($8.65M), Guatemala ($7.35M), and Honduras ($5.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coated Flat-Rolled Iron EXPORT MARKETS FOR El Salvador WERE (2021 - 2022):
Nicaragua$680k (37.1%)
Guatemala$396k (45.6%)
Belize$73.7k (511%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coated Flat-Rolled Iron BY El Salvador WERE (2021 - 2022):
Honduras-$3.64M (-33.6%)
Dominican Republic-$109k (-77.1%)
Mexico-$73.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, El Salvador's main exporting competitors in Coated Flat-Rolled Iron were:
In 2022, El Salvador's main importing competitors in Coated Flat-Rolled Iron were:

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Trade Value of Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $871k
TOP IMPORT POTENTIALSouth Korea+ $2.35M

Coated Flat-Rolled Iron’s highest export potential is Guatemala. With an export gap of $871k.   Coated Flat-Rolled Iron’s highest import potential is South Korea with an import gap of $2.35M.

See methodology.

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