2023
Exports
$7.88MWorld Rnk 34 / 103
Flag Rnk 109 / 944
2023
PRODUCT COMPLEXITY IN Flat-Rolled Iron
1.13Rnk 135 / 1025
2023
Imports
$279kWorld Rnk 117 / 189
Flag Rnk 835 / 1143
2023
ECONOMIC COMPLEXITY of El Salvador
0.0012Rnk 63 / 132

About

Exports In 2023, El Salvador exported $7.88M in Flat-Rolled Iron, making it the 34th largest exporter of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 109th most exported product in El Salvador. The main destination of Flat-Rolled Iron exports from El Salvador are: Guatemala ($5.8M), Nicaragua ($1.89M), Belize ($101k), Costa Rica ($68k), and Honduras ($28.5k).

The fastest growing export markets for Flat-Rolled Iron of El Salvador between 2022 and 2023 were Nicaragua ($845k), Guatemala ($340k), and Belize ($101k).

Imports In 2023, El Salvador imported $279k in Flat-Rolled Iron, becoming the 117th largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 835th most imported product in El Salvador. El Salvador imports Flat-Rolled Iron primarily from: China ($121k), Guatemala ($75.7k), Mexico ($40.7k), United States ($18.5k), and Colombia ($17k).

The fastest growing import markets in Flat-Rolled Iron for El Salvador between 2022 and 2023 were Thailand ($940) and Chinese Taipei ($72).

Latest Trends

Dec 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 (2023)$7.88M
IMPORTS (2023)$279k
NET TRADE (2023)$7.61M

In 2023, El Salvador exported $7.88M in Flat-Rolled Iron. The main destinations of El Salvador exports on Flat-Rolled Iron were Guatemala ($5.8M), Nicaragua ($1.89M), Belize ($101k), Costa Rica ($68k), and Honduras ($28.5k).

In 2023, El Salvador imported $279k in Flat-Rolled Iron, mainly from China ($121k), Guatemala ($75.7k), Mexico ($40.7k), United States ($18.5k), and Colombia ($17k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Iron EXPORT MARKETS FOR El Salvador WERE (2022 - 2023):
Nicaragua$845k (80.7%)
Guatemala$340k (6.24%)
Belize$101k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Iron BY El Salvador WERE (2022 - 2023):Ecuador-$1.5k (-100%)

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-Rolled Iron were:
In 2023, 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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