Bangladesh (BGD) and El Salvador (SLV) Trade | The Observatory of Economic Complexity

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Bangladesh-El Salvador Trade: In 2023, Bangladesh exported $16M to El Salvador. The main products that Bangladesh exported to El Salvador were Non-Knit Men's Suits ($3.25M), Knit T-shirts ($2.77M), and Non-Knit Women's Suits ($2.43M). Over the past 5 years the exports of Bangladesh to El Salvador have increased at an annualized rate of 8.26%, from $10.7M in 2018 to $16M in 2023.

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

El Salvador-Bangladesh Trade: In 2023, El Salvador exported $27.2k to Bangladesh. The main products that El Salvador exported to Bangladesh were Labels ($27.2k). Over the past 5 years the exports of El Salvador to Bangladesh have increased at an annualized rate of 79.2%, from $1.47k in 2018 to $27.2k in 2023.

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

Comparison: In 2023, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bangladesh exported $16M to El Salvador. The main products exported from Bangladesh to El Salvador were Non-Knit Men's Suits ($3.25M), Knit T-shirts ($2.77M), and Non-Knit Women's Suits ($2.43M). During the last 5 years the exports of Bangladesh to El Salvador have increased at an annualized rate of 8.26%, from $10.7M in 2018 to $16M in 2023.

In 2018, El Salvador exported $27.2k to Bangladesh. The main products exported from El Salvador to Bangladesh were Labels ($27.2k). During the last 5 years the exports of El Salvador to Bangladesh have increased at an annualized rate of 79.2%, from $1.47k in 2023 to $27.2k in 2018.

Exports from Bangladesh () to El Salvador () (2023)

Exports from El Salvador () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and El Salvador ()

El Salvador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

El Salvador
Top DestinationUnited States$2.41B

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

In 2023, countries that imported more from Bangladesh than El Salvador included Germany ($8.28B), United States ($8.58B), and United Kingdom ($4.25B).

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

Difference in imports from El Salvador () and Bangladesh () (2023)

Comparative Advantage Bangladesh - El Salvador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bangladesh had a large net trade with El Salvador in the exports of Textiles ($15.1M), Footwear and Headwear ($358k), and Chemical Products ($130k).

During 2018, El Salvador had a large net trade with Bangladesh in the exports of Textiles ($27.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh El Salvador+$4.62MKnit T-shirts

Top Product Potential El Salvador Bangladesh+$4.66kRefined Petroleum

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

Year

This visualization shows the product space at the HS4 level with the flags of Bangladesh and El Salvador. This means that a dot/product with the flag of Bangladesh 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 Bangladesh.

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to El Salvador () (2023)

Exports from El Salvador () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and El Salvador ()

El Salvador Exports

Market Competitiveness

Difference in imports from El Salvador () and Bangladesh () (2023)

Comparative Advantage Bangladesh - El Salvador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bangladesh () and El Salvador () (2023)

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