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Pricing

2023
Flag → Flag
Exports $40.9MRnk 135 / 220
2023
Flag → Flag
Top Product $7.08MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $22.5MRnk 17 / 150
2023
Flag → Flag
Top Product $9.73MRaw Sugar
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH50.5%CURRENT US$
Rnk 47 / 195

About

Belgium-El Salvador Trade: In 2023, Belgium exported $40.9M to El Salvador. The main products that Belgium exported to El Salvador were Vaccines, blood, antisera, toxins and cultures ($7.08M), Poultry Meat ($3.61M), and Packaged Medicaments ($3.34M). Over the past 5 years the exports of Belgium to El Salvador have increased at an annualized rate of 3.46%, from $34.5M in 2018 to $40.9M in 2023.

In 2019, Belgium exported services to El Salvador worth $264M, with Other business services ($112M), Communications services ($56M), and Travel ($35.8M) being the largest in terms of value.

El Salvador-Belgium Trade: In 2023, El Salvador exported $22.5M to Belgium. The main products that El Salvador exported to Belgium were Raw Sugar ($9.73M), Coffee ($5.5M), and Leather Footwear ($2.16M). Over the past 5 years the exports of El Salvador to Belgium have increased at an annualized rate of 11.3%,  from $13.1M in 2018 to $22.5M in 2023.

In 2023, El Salvador did not export any services to Belgium.

Comparison: In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B). That same year, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Latest Trends

November, 2024

About

Overview In November 2024, Belgium exported €1.62M and imported €617k from El Salvador, resulting in a positive trade balance of €1M. Between November 2023 and November 2024 the exports of Belgium have decreased by €-859k (-34.6%) from €2.48M to €1.62M, while imports decreased by €-334k (-35.1%) from €951k to €617k.

Trade In November 2024, the top exports of Belgium to El Salvador were Meat & edible offal (€258k), Plastics & articles thereof (€129k), Electrical machinery and electronics (€87k), Preparations of cereals, flour, starch or... (€81.1k), and Preparations of vegetables, fruit, nuts or... (€75.6k). In November 2024 the top imports of Belgium from El Salvador were Knitted clothing accesories (€761k), Coffee, tea, mate & spices (€533k), Electrical machinery and electronics (€18.5k), Used clothes & textile articles (€4.74k), and Footwear (€2.19k).

Growth In November 2024, the decrease in Belgium's year-by-year exports to El Salvador was explained primarily by an decrease in product exports in Unclassified (€-180k or -76%), Chemical products n.e.s. (€-147k or -95.9%), and Preparations of cereals, flour, starch or... (€-75.3k or -48.1%). In November 2024, the decrease in Belgium's year-by-year imports  from El Salvador was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-859k(-34.6%)
IMPORT GROWTH (November 2023 - November 2024)€-334k(-35.1%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check El Salvador and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore El Salvador and Belgium Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $40.9M to El Salvador. The main products exported from Belgium to El Salvador were Vaccines, blood, antisera, toxins and cultures ($7.08M), Poultry Meat ($3.61M), and Packaged Medicaments ($3.34M). During the last 5 years the exports of Belgium to El Salvador have increased at an annualized rate of 3.46%, from $34.5M in 2018 to $40.9M in 2023.

In 2018, El Salvador exported $22.5M to Belgium. The main products exported from El Salvador to Belgium were Raw Sugar ($9.73M), Coffee ($5.5M), and Leather Footwear ($2.16M). During the last 5 years the exports of El Salvador to Belgium have increased at an annualized rate of 11.3%, from $13.1M in 2023 to $22.5M in 2018.

Exports from Belgium (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
El Salvador
Top DestinationUnited States$2.41B

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

In 2023, countries that imported more from Belgium than El Salvador included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from El Salvador than Belgium included Guatemala ($1.15B), Honduras ($1.03B), and Nicaragua ($511M).

Difference in imports from El Salvador (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - El Salvador

Flow
Scale

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

During 2023, Belgium had a large net trade with El Salvador in the exports of Chemical Products ($17.6M), Foodstuffs ($5.9M), and Machines ($4.25M).

During 2018, El Salvador had a large net trade with Belgium in the exports of Foodstuffs ($9.88M), Vegetable Products ($5.5M), and Textiles ($3.27M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium El Salvador+$3.58MPackaged Medicaments
Top Product Potential El Salvador Belgium+$3.21MCoffee

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 Belgium and El Salvador. This means that a dot/product with the flag of Belgium 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 Belgium.

Product Space of Belgium (Flag) and El Salvador (Flag) (2023)

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