2023
Exports
$710MWorld Rnk 16 / 225
Flag Rnk 1 / 944
2023
PRODUCT COMPLEXITY IN Knit T-shirts
-1.53Rnk 948 / 1025
2023
Imports
$208MWorld Rnk 42 / 225
Flag Rnk 10 / 1143
2023
ECONOMIC COMPLEXITY of El Salvador
0.0012Rnk 63 / 132

About

Exports In 2023, El Salvador exported $710M in Knit T-shirts, making it the 16th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 1st most exported product in El Salvador. The main destination of Knit T-shirts exports from El Salvador are: United States ($506M), Honduras ($100M), Mexico ($56.3M), Netherlands ($9.63M), and Nicaragua ($4.83M).

The fastest growing export markets for Knit T-shirts of El Salvador between 2022 and 2023 were Mexico ($9.73M), Chile ($2.37M), and Netherlands ($1.01M).

Imports In 2023, El Salvador imported $208M in Knit T-shirts, becoming the 42nd largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 10th most imported product in El Salvador. El Salvador imports Knit T-shirts primarily from: Honduras ($181M), Nicaragua ($8.75M), China ($4.32M), Guatemala ($3.14M), and Bangladesh ($2.77M).

The fastest growing import markets in Knit T-shirts for El Salvador between 2022 and 2023 were Nicaragua ($5.76M), Dominican Republic ($1.59M), and Vietnam ($968k).

COMPANIES In 2024, leading companies such as Adidas (7) and Nike (1) were at the forefront of shipping Knit T-shirts from El Salvador to the United States.

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 Knit T-shirts. 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)$710M
IMPORTS (2023)$208M
NET TRADE (2023)$502M

In 2023, El Salvador exported $710M in Knit T-shirts. The main destinations of El Salvador exports on Knit T-shirts were United States ($506M), Honduras ($100M), Mexico ($56.3M), Netherlands ($9.63M), and Nicaragua ($4.83M).

In 2023, El Salvador imported $208M in Knit T-shirts, mainly from Honduras ($181M), Nicaragua ($8.75M), China ($4.32M), Guatemala ($3.14M), and Bangladesh ($2.77M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR El Salvador WERE (2022 - 2023):
Mexico$9.73M (20.9%)
Chile$2.37M (126%)
Netherlands$1.01M (11.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY El Salvador WERE (2022 - 2023):
United States-$144M (-22.1%)
Canada-$2.23M (-32.2%)
Panama-$660k (-17.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, El Salvador's main exporting competitors in Knit T-shirts were:
China $8.58B
Turkey $2.98B
In 2023, El Salvador's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $18.5M
TOP IMPORT POTENTIALChina+ $4.8M

Knit T-shirts’s highest export potential is Mexico. With an export gap of $18.5M.   Knit T-shirts’s highest import potential is China with an import gap of $4.8M.

See methodology.

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