2022
Exports
$33.8MWorld Rnk 34 / 120
Flag Rnk 45 / 944
2022
PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel
1.38Rnk 72 / 1025
2022
Imports
$129MWorld Rnk 39 / 201
Flag Rnk 19 / 1153
2022
ECONOMIC COMPLEXITY of El Salvador
-0.029Rnk 68 / 133

About

Exports In 2022, El Salvador exported $33.8M in Flat Flat-Rolled Steel, making it the 34th largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 45th most exported product in El Salvador. The main destination of Flat Flat-Rolled Steel exports from El Salvador are: Nicaragua ($16.2M), Guatemala ($13.3M), Costa Rica ($4.31M), and Honduras ($3.6k).

The fastest growing export markets for Flat Flat-Rolled Steel of El Salvador between 2021 and 2022 were Nicaragua ($2.39M) and Costa Rica ($824k).

Imports In 2022, El Salvador imported $129M 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 19th most imported product in El Salvador. El Salvador imports Flat Flat-Rolled Steel primarily from: South Korea ($109M), Japan ($13.2M), China ($6.5M), Spain ($216k), and Guatemala ($78.2k).

The fastest growing import markets in Flat Flat-Rolled Steel for El Salvador between 2021 and 2022 were China ($2.68M), Switzerland ($45.7k), and Colombia ($10.8k).

Latest Trends

Oct 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 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 (2022)$33.8M
IMPORTS (2022)$129M
NET TRADE (2022)-$95.5M

In 2022, El Salvador exported $33.8M in Flat Flat-Rolled Steel. The main destinations of El Salvador exports on Flat Flat-Rolled Steel were Nicaragua ($16.2M), Guatemala ($13.3M), Costa Rica ($4.31M), and Honduras ($3.6k).

In 2022, El Salvador imported $129M in Flat Flat-Rolled Steel, mainly from South Korea ($109M), Japan ($13.2M), China ($6.5M), Spain ($216k), and Guatemala ($78.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR El Salvador WERE (2021 - 2022):
Nicaragua$2.39M (17.3%)
Costa Rica$824k (23.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat Flat-Rolled Steel BY El Salvador WERE (2021 - 2022):
Guatemala-$1.8M (-12%)
Honduras-$11.2k (-75.6%)
Ecuador-$2.33k (-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 Flat Flat-Rolled Steel were:
Japan $6.3B
China $5.89B
Germany $3.91B
In 2022, El Salvador's main importing competitors in Flat Flat-Rolled Steel were:
Mexico $2.75B
Germany $2.58B
Italy $2.38B

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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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