2023
Exports
$139MWorld Rnk 96 / 214
Flag Rnk 11 / 944
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$1.94BWorld Rnk 83 / 226
Flag Rnk 1 / 1143
2023
ECONOMIC COMPLEXITY of El Salvador
0.0012Rnk 63 / 132

About

Exports In 2023, El Salvador exported $139M in Refined Petroleum, making it the 96th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 11th most exported product in El Salvador. The main destination of Refined Petroleum exports from El Salvador are: Spain ($18.5M), Mexico ($17.9M), Nicaragua ($16.5M), Honduras ($15.3M), and Costa Rica ($14.9M).

The fastest growing export markets for Refined Petroleum of El Salvador between 2022 and 2023 were Mexico ($14.8M), Costa Rica ($9.24M), and Nicaragua ($4.57M).

Imports In 2023, El Salvador imported $1.94B in Refined Petroleum, becoming the 83rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in El Salvador. El Salvador imports Refined Petroleum primarily from: United States ($1.73B), Ecuador ($105M), Guatemala ($31.3M), Japan ($10.8M), and Mexico ($10.5M).

The fastest growing import markets in Refined Petroleum for El Salvador between 2022 and 2023 were Guatemala ($23.2M), Ecuador ($21.9M), and Japan ($10.4M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$139M
IMPORTS (2023)$1.94B
NET TRADE (2023)-$1.81B

In 2023, El Salvador exported $139M in Refined Petroleum. The main destinations of El Salvador exports on Refined Petroleum were Spain ($18.5M), Mexico ($17.9M), Nicaragua ($16.5M), Honduras ($15.3M), and Costa Rica ($14.9M).

In 2023, El Salvador imported $1.94B in Refined Petroleum, mainly from United States ($1.73B), Ecuador ($105M), Guatemala ($31.3M), Japan ($10.8M), and Mexico ($10.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR El Salvador WERE (2022 - 2023):
Mexico$14.8M (473%)
Costa Rica$9.24M (164%)
Nicaragua$4.57M (38.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY El Salvador WERE (2022 - 2023):
United States-$19M (-64.6%)
Panama-$7.54M (-44.3%)
Peru-$4.96M (-55.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, El Salvador's main exporting competitors in Refined Petroleum were:
In 2023, El Salvador's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $36.7M
TOP IMPORT POTENTIALMexico+ $14.2M

Refined Petroleum’s highest export potential is United States. With an export gap of $36.7M.   Refined Petroleum’s highest import potential is Mexico with an import gap of $14.2M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with