2018
Exports
$780kWorld Rnk 59 / 196
Flag Rnk 299 / 944
2023
PRODUCT COMPLEXITY IN Hand Tools
0.76Rnk 262 / 1025
2018
Imports
$4.12MWorld Rnk 75 / 220
Flag Rnk 405 / 1143
2023
ECONOMIC COMPLEXITY of El Salvador
0.0012Rnk 63 / 132

About

Exports In 2018, El Salvador exported $780k in Hand Tools, making it the 59th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 299th most exported product in El Salvador. The main destination of Hand Tools exports from El Salvador are: Nicaragua ($426k), Costa Rica ($151k), Honduras ($64.6k), Guatemala ($43.8k), and Panama ($29.2k).

The fastest growing export markets for Hand Tools of El Salvador between 2022 and 2023 were Nicaragua ($28.7k), Costa Rica ($18.2k), and Bolivia ($11.8k).

Imports In 2023, El Salvador imported $4.12M in Hand Tools, becoming the 75th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 405th most imported product in El Salvador. El Salvador imports Hand Tools primarily from: China ($1.99M), Mexico ($687k), India ($497k), United States ($330k), and Switzerland ($165k).

The fastest growing import markets in Hand Tools for El Salvador between 2022 and 2023 were Mexico ($88.8k), United States ($30.3k), and Germany ($26.4k).

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 Hand Tools. 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)$780k
IMPORTS (2023)$4.12M
NET TRADE (2023)-$3.34M

In 2023, El Salvador exported $780k in Hand Tools. The main destinations of El Salvador exports on Hand Tools were Nicaragua ($426k), Costa Rica ($151k), Honduras ($64.6k), Guatemala ($43.8k), and Panama ($29.2k).

In 2023, El Salvador imported $4.12M in Hand Tools, mainly from China ($1.99M), Mexico ($687k), India ($497k), United States ($330k), and Switzerland ($165k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR El Salvador WERE (2022 - 2023):
Nicaragua$28.7k (7.23%)
Costa Rica$18.2k (13.7%)
Bolivia$11.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY El Salvador WERE (2022 - 2023):
Guatemala-$43.1k (-49.6%)
Honduras-$11.5k (-15.1%)
Panama-$3.56k (-10.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, El Salvador's main exporting competitors in Hand Tools were:
In 2023, El Salvador's main importing competitors in Hand Tools were:

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $47.1k
TOP IMPORT POTENTIALChina+ $117k

Hand Tools’s highest export potential is Guatemala. With an export gap of $47.1k.   Hand Tools’s highest import potential is China with an import gap of $117k.

See methodology.

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