2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186

About

Austria-El Salvador Trade: In 2022, Austria exported $19.5M to El Salvador. The main products that Austria exported to El Salvador were Vaccines, blood, antisera, toxins and cultures ($2.75M), Packaged Medicaments ($2.41M), and Industrial Printers ($1.52M). Over the past 5 years the exports of Austria to El Salvador have increased at an annualized rate of 6.2%, from $14.4M in 2017 to $19.5M in 2022.

In 2022, Austria did not export any services to El Salvador.

El Salvador-Austria Trade: In 2022, El Salvador exported $1.61M to Austria. The main products that El Salvador exported to Austria were Electrical Capacitors ($637k), Knit Sweaters ($257k), and Coffee ($246k). Over the past 5 years the exports of El Salvador to Austria have decreased at an annualized rate of 8.08%,  from $2.45M in 2017 to $1.61M in 2022.

In 2022, El Salvador did not export any services to Austria.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $19.5M to El Salvador. The main products exported from Austria to El Salvador were Vaccines, blood, antisera, toxins and cultures ($2.75M), Packaged Medicaments ($2.41M), and Industrial Printers ($1.52M). During the last 5 years the exports of Austria to El Salvador have increased at an annualized rate of 6.2%, from $14.4M in 2017 to $19.5M in 2022.

In 2017, El Salvador exported $1.61M to Austria. The main products exported from El Salvador to Austria were Electrical Capacitors ($637k), Knit Sweaters ($257k), and Coffee ($246k). During the last 5 years the exports of El Salvador to Austria have decreased at an annualized rate of 8.08%, from $2.45M in 2022 to $1.61M in 2017.

Exports from Austria (Flag) to El Salvador (Flag) (2022)

Exports from El Salvador (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and El Salvador (Flag)

Austria Exports

El Salvador Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
El Salvador
Top Destination
United States$2.87B

This map shows whether countries import more from Austria or El Salvador. Each country is colored based on the difference in imports they receive from Austria and El Salvador or the difference in the growth in imports.

In 2022, countries that imported more from Austria than El Salvador included Germany ($57.7B), Italy ($13.6B), and United States ($14.4B).

In 2022, countries that imported more from El Salvador than Austria included Honduras ($1.18B), Guatemala ($1.21B), and Nicaragua ($497M).

Difference in imports from El Salvador (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - El Salvador

Flow
Scale

This chart compares trade between Austria and El Salvador by product, considering products traded by both, Austria and El Salvador.

During 2022, Austria had a large net trade with El Salvador in the exports of Chemical Products ($6.14M), Machines ($5.63M), and Paper Goods ($2.02M).

During 2017, El Salvador had a large net trade with Austria in the exports of Machines ($824k), Textiles ($302k), and Vegetable Products ($246k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria El Salvador+$2.58MPackaged Medicaments
Top Product Potential El Salvador Austria+$674kKnit Sweaters

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Austria and El Salvador. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over El Salvador. Similarly, a dot/product with the flag of El Salvador indicates it has a comparative advantage over Austria.

Product Space of Austria (Flag) and El Salvador (Flag) (2022)

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