2023
Exports
$40.8MWorld Rnk 32 / 118
Flag Rnk 35 / 944
2023
PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel
1.38Rnk 65 / 1025
2023
Imports
$113MWorld Rnk 39 / 199
Flag Rnk 21 / 1143
2023
ECONOMIC COMPLEXITY of El Salvador
0.0012Rnk 63 / 132

About

Exports In 2023, El Salvador exported $40.8M in Flat Flat-Rolled Steel, making it the 32nd largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 35th most exported product in El Salvador. The main destination of Flat Flat-Rolled Steel exports from El Salvador are: Nicaragua ($20.2M), Guatemala ($14.6M), Costa Rica ($5.94M), and Honduras ($128k).

The fastest growing export markets for Flat Flat-Rolled Steel of El Salvador between 2022 and 2023 were Guatemala ($7.18M), Nicaragua ($6.17M), and Costa Rica ($1.63M).

Imports In 2023, El Salvador imported $113M in Flat Flat-Rolled Steel, becoming the 39th largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 21st most imported product in El Salvador. El Salvador imports Flat Flat-Rolled Steel primarily from: South Korea ($96.6M), Japan ($11M), China ($4.64M), Spain ($309k), and United States ($153k).

The fastest growing import markets in Flat Flat-Rolled Steel for El Salvador between 2022 and 2023 were United States ($126k), Netherlands ($116k), and Costa Rica ($105k).

Latest Trends

Jan 2025

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 Flat Flat-Rolled Steel. 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 (2023)$40.8M
IMPORTS (2023)$113M
NET TRADE (2023)-$72.2M

In 2023, El Salvador exported $40.8M in Flat Flat-Rolled Steel. The main destinations of El Salvador exports on Flat Flat-Rolled Steel were Nicaragua ($20.2M), Guatemala ($14.6M), Costa Rica ($5.94M), and Honduras ($128k).

In 2023, El Salvador imported $113M in Flat Flat-Rolled Steel, mainly from South Korea ($96.6M), Japan ($11M), China ($4.64M), Spain ($309k), and United States ($153k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR El Salvador WERE (2022 - 2023):
Guatemala$7.18M (97.2%)
Nicaragua$6.17M (44%)
Costa Rica$1.63M (37.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, El Salvador's main exporting competitors in Flat Flat-Rolled Steel were:
China $5.49B
Japan $5.16B
Germany $3.69B
In 2023, El Salvador's main importing competitors in Flat Flat-Rolled Steel were:
Mexico $2.59B
Germany $2.32B
Turkey $2.18B

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Trade Value of Flat Flat-Rolled Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHonduras+ $22.2k
TOP IMPORT POTENTIALChina+ $4.51M

Flat Flat-Rolled Steel’s highest export potential is Honduras. With an export gap of $22.2k.   Flat Flat-Rolled Steel’s highest import potential is China with an import gap of $4.51M.

See methodology.

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