2022
Exports
$6.59MWorld Rnk 36 / 109
Flag Rnk 121 / 944
2022
PRODUCT COMPLEXITY IN Flat-Rolled Iron
1.12Rnk 129 / 1025
2022
Imports
$1.58MWorld Rnk 80 / 182
Flag Rnk 599 / 1153
2022
ECONOMIC COMPLEXITY of El Salvador
-0.029Rnk 68 / 133

About

Exports In 2022, El Salvador exported $6.59M in Flat-Rolled Iron, making it the 36th largest exporter of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 121st most exported product in El Salvador. The main destination of Flat-Rolled Iron exports from El Salvador are: Guatemala ($5.45M), Nicaragua ($1.05M), Costa Rica ($56.2k), Honduras ($27.5k), and Ecuador ($1.42k).

The fastest growing export markets for Flat-Rolled Iron of El Salvador between 2021 and 2022 were Nicaragua ($671k), Guatemala ($644k), and Honduras ($21.9k).

Imports In 2022, El Salvador imported $1.58M in Flat-Rolled Iron, becoming the 80th largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 599th most imported product in El Salvador. El Salvador imports Flat-Rolled Iron primarily from: Mexico ($682k), Guatemala ($603k), China ($178k), Colombia ($43.4k), and United States ($26.3k).

The fastest growing import markets in Flat-Rolled Iron for El Salvador between 2021 and 2022 were Mexico ($538k), Guatemala ($436k), and China ($177k).

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-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)$6.59M
IMPORTS (2022)$1.58M
NET TRADE (2022)$5.01M

In 2022, El Salvador exported $6.59M in Flat-Rolled Iron. The main destinations of El Salvador exports on Flat-Rolled Iron were Guatemala ($5.45M), Nicaragua ($1.05M), Costa Rica ($56.2k), Honduras ($27.5k), and Ecuador ($1.42k).

In 2022, El Salvador imported $1.58M in Flat-Rolled Iron, mainly from Mexico ($682k), Guatemala ($603k), China ($178k), Colombia ($43.4k), and United States ($26.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Iron EXPORT MARKETS FOR El Salvador WERE (2021 - 2022):
Nicaragua$671k (179%)
Guatemala$644k (13.4%)
Honduras$21.9k (390%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Iron BY El Salvador WERE (2021 - 2022):
Panama-$19k (-100%)
Ecuador-$3.66k (-72%)

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

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Trade Value of Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCosta Rica+ $34.3k
TOP IMPORT POTENTIALChina+ $112k

Flat-Rolled Iron’s highest export potential is Costa Rica. With an export gap of $34.3k.   Flat-Rolled Iron’s highest import potential is China with an import gap of $112k.

See methodology.

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