2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH
50.5%CURRENT US$
Rnk 47 / 195

About

Brazil-El Salvador Trade: In 2023, Brazil exported $329M to El Salvador. The main products that Brazil exported to El Salvador were Corn ($69.8M), Sulfate Chemical Woodpulp ($32.4M), and Rice ($23.8M). Over the past 5 years the exports of Brazil to El Salvador have increased at an annualized rate of 14.2%, from $169M in 2018 to $329M in 2023.

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

El Salvador-Brazil Trade: In 2023, El Salvador exported $7.69M to Brazil. The main products that El Salvador exported to Brazil were Scrap Aluminium ($1.9M), Processed Fish ($1.39M), and Electrical Capacitors ($1.16M). Over the past 5 years the exports of El Salvador to Brazil have increased at an annualized rate of 3.41%,  from $5.5M in 2018 to $7.69M in 2023.

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

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). 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
Value

In 2023, Brazil exported $329M to El Salvador. The main products exported from Brazil to El Salvador were Corn ($69.8M), Sulfate Chemical Woodpulp ($32.4M), and Rice ($23.8M). During the last 5 years the exports of Brazil to El Salvador have increased at an annualized rate of 14.2%, from $169M in 2018 to $329M in 2023.

In 2018, El Salvador exported $7.69M to Brazil. The main products exported from El Salvador to Brazil were Scrap Aluminium ($1.9M), Processed Fish ($1.39M), and Electrical Capacitors ($1.16M). During the last 5 years the exports of El Salvador to Brazil have increased at an annualized rate of 3.41%, from $5.5M in 2023 to $7.69M in 2018.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$106B
El Salvador
Top Destination
United States$2.41B

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

In 2023, countries that imported more from Brazil than El Salvador included China ($106B), United States ($37B), and Argentina ($17.2B).

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

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

Comparative Advantage Brazil - El Salvador

Flow
Scale

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

During 2023, Brazil had a large net trade with El Salvador in the exports of Vegetable Products ($95.3M), Machines ($64.5M), and Paper Goods ($41.4M).

During 2018, El Salvador had a large net trade with Brazil in the exports of Metals ($2.07M), Textiles ($1.6M), and Foodstuffs ($1.39M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil El Salvador+$5.28MCars
Top Product Potential El Salvador Brazil+$4.88MPesticides

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

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

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