2022
Exports
$40MWorld Rnk 63 / 162
Flag Rnk 38 / 944
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$54.5MWorld Rnk 88 / 217
Flag Rnk 65 / 1153
2022
ECONOMIC COMPLEXITY of El Salvador
-0.029Rnk 68 / 133

About

Exports In 2022, El Salvador exported $40M in Raw Iron Bars, making it the 63rd largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 38th most exported product in El Salvador. The main destination of Raw Iron Bars exports from El Salvador are: Honduras ($17.5M), Guatemala ($15.9M), Nicaragua ($5.4M), Belize ($1.2M), and Panama ($38.8k).

The fastest growing export markets for Raw Iron Bars of El Salvador between 2021 and 2022 were Honduras ($3.89M), Guatemala ($894k), and Nicaragua ($729k).

Imports In 2022, El Salvador imported $54.5M in Raw Iron Bars, becoming the 88th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 65th most imported product in El Salvador. El Salvador imports Raw Iron Bars primarily from: Guatemala ($27.6M), Honduras ($12.8M), China ($6.22M), Costa Rica ($6.05M), and Mexico ($1.07M).

The fastest growing import markets in Raw Iron Bars for El Salvador between 2021 and 2022 were China ($5.78M), Mexico ($1.04M), and Honduras ($641k).

Latest Trends

Jul 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 Raw Iron Bars. 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)$40M
IMPORTS (2022)$54.5M
NET TRADE (2022)-$14.5M

In 2022, El Salvador exported $40M in Raw Iron Bars. The main destinations of El Salvador exports on Raw Iron Bars were Honduras ($17.5M), Guatemala ($15.9M), Nicaragua ($5.4M), Belize ($1.2M), and Panama ($38.8k).

In 2022, El Salvador imported $54.5M in Raw Iron Bars, mainly from Guatemala ($27.6M), Honduras ($12.8M), China ($6.22M), Costa Rica ($6.05M), and Mexico ($1.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR El Salvador WERE (2021 - 2022):
Honduras$3.89M (28.7%)
Guatemala$894k (5.97%)
Nicaragua$729k (15.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY El Salvador WERE (2021 - 2022):
Belize-$2.46M (-67.2%)
Costa Rica-$53.3k (-80.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, El Salvador's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, El Salvador's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPanama+ $103k
TOP IMPORT POTENTIALChina+ $1.04M

Raw Iron Bars’s highest export potential is Panama. With an export gap of $103k.   Raw Iron Bars’s highest import potential is China with an import gap of $1.04M.

See methodology.

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