2022
Exports
$181MWorld Rnk 61 / 217
Flag Rnk 8 / 944
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$303MWorld Rnk 92 / 224
Flag Rnk 4 / 1153
2022
ECONOMIC COMPLEXITY of El Salvador
-0.029Rnk 68 / 133

About

Exports In 2022, El Salvador exported $181M in Packaged Medicaments, making it the 61st largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 8th most exported product in El Salvador. The main destination of Packaged Medicaments exports from El Salvador are: Guatemala ($45.1M), Honduras ($34.8M), Dominican Republic ($32.7M), Nicaragua ($31.2M), and Panama ($12.8M).

The fastest growing export markets for Packaged Medicaments of El Salvador between 2021 and 2022 were Dominican Republic ($1.8M), Panama ($1.37M), and Argentina ($1.29M).

Imports In 2022, El Salvador imported $303M in Packaged Medicaments, becoming the 92nd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in El Salvador. El Salvador imports Packaged Medicaments primarily from: Guatemala ($61.4M), Mexico ($50.1M), United States ($32.3M), India ($29M), and Colombia ($24M).

The fastest growing import markets in Packaged Medicaments for El Salvador between 2021 and 2022 were United States ($10.6M), Mexico ($8.09M), and Colombia ($4.36M).

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 Packaged Medicaments. 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)$181M
IMPORTS (2022)$303M
NET TRADE (2022)-$122M

In 2022, El Salvador exported $181M in Packaged Medicaments. The main destinations of El Salvador exports on Packaged Medicaments were Guatemala ($45.1M), Honduras ($34.8M), Dominican Republic ($32.7M), Nicaragua ($31.2M), and Panama ($12.8M).

In 2022, El Salvador imported $303M in Packaged Medicaments, mainly from Guatemala ($61.4M), Mexico ($50.1M), United States ($32.3M), India ($29M), and Colombia ($24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR El Salvador WERE (2021 - 2022):
Dominican Republic$1.8M (5.84%)
Panama$1.37M (12%)
Argentina$1.29M (516%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY El Salvador WERE (2021 - 2022):
Guatemala-$8.4M (-15.7%)
United States-$3.81M (-27%)
Nicaragua-$2.11M (-6.33%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, El Salvador's main exporting competitors in Packaged Medicaments were:
In 2022, El Salvador's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.1M
TOP IMPORT POTENTIALUnited States+ $15.7M

Packaged Medicaments’s highest export potential is United States. With an export gap of $24.1M.   Packaged Medicaments’s highest import potential is United States with an import gap of $15.7M.

See methodology.

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