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Pricing

2022
Flag → Flag
Exports $39.7MRnk 53 / 170
2022
Flag → Flag
Top Product $8.44MRefined Petroleum
2022
Flag → Flag
Exports $14.1MRnk 25 / 145
2022
Flag → Flag
Top Product $3.05MPaper Containers
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC $6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186

About

Ecuador-El Salvador Trade: In 2022, Ecuador exported $39.7M to El Salvador. The main products that Ecuador exported to El Salvador were Refined Petroleum ($8.44M), Iron Stovetops ($4.84M), and Cut Flowers ($3.45M). Over the past 5 years the exports of Ecuador to El Salvador have decreased at an annualized rate of 3.94%, from $48.5M in 2017 to $39.7M in 2022.

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

El Salvador-Ecuador Trade: In 2022, El Salvador exported $14.1M to Ecuador. The main products that El Salvador exported to Ecuador were Paper Containers ($3.05M), Scrap Aluminium ($2.07M), and Recovered Paper ($1.64M). Over the past 5 years the exports of El Salvador to Ecuador have increased at an annualized rate of 11.1%,  from $8.35M in 2017 to $14.1M in 2022.

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

Comparison: In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B). That same year, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Latest Trends

December, 2021

About

Overview In December 2021, Ecuador exported $1.38M and imported $310k from El Salvador, resulting in a positive trade balance of $1.07M. Between December 2020 and December 2021 the exports of Ecuador have decreased by $-493k (-26.3%) from $1.88M to $1.38M, while imports decreased by $-95k (-23.5%) from $405k to $310k.

Trade In December 2021, the top exports of Ecuador to El Salvador were Cut Flowers ($11M), Iron Stovetops ($463k), Metal Stoppers ($282k), Bathroom Ceramics ($188k), and Small Iron Containers ($74.5k). In December 2021 the top imports of Ecuador from El Salvador were Propylene Polymers ($111k), Iron Structures ($108k), Packaged Medicaments ($69.1k), Other Aluminium Products ($57.9k), and Terry Fabric ($36.9k).

Origins In December 2021 the exports of Ecuador were mainly from Guayaquil-Marítimo ($1.14M), Quito ($230k), and Guayaquil-Aéreo ($13.3k), while imports destinations were mainly Guayaquil-Marítimo ($193k), Manta ($79.4k), Guayaquil-Aéreo ($32.9k), Quito ($4.25k), and Cuenca ($445).

Growth In December 2021, the decrease in Ecuador's year-by-year exports to El Salvador was explained primarily by an decrease in product exports in Asbestos Cement Articles ($-183k or -79.8%), Small Iron Containers ($-37.8k or -33.6%), and Unglazed Ceramics ($-14.8k or -67.4%). In December 2021, the decrease in Ecuador's year-by-year imports  from El Salvador was explained primarily by an decrease in product imports  in Hair Products ($-45.7k or -60.8%), Other Aluminium Products ($-10.8k or -15.7%), and Trunks and Cases ($-921 or -19.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$-493k(-26.3%)
IMPORT GROWTH (December 2020 - December 2021)$-95k(-23.5%)
MAIN EXPORTER (December 2021)Guayaquil-Marítimo$1.14M

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

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

For full datasets download visit Bulk Download page.

Explore El Salvador and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $39.7M to El Salvador. The main products exported from Ecuador to El Salvador were Refined Petroleum ($8.44M), Iron Stovetops ($4.84M), and Cut Flowers ($3.45M). During the last 5 years the exports of Ecuador to El Salvador have decreased at an annualized rate of 3.94%, from $48.5M in 2017 to $39.7M in 2022.

In 2017, El Salvador exported $14.1M to Ecuador. The main products exported from El Salvador to Ecuador were Paper Containers ($3.05M), Scrap Aluminium ($2.07M), and Recovered Paper ($1.64M). During the last 5 years the exports of El Salvador to Ecuador have increased at an annualized rate of 11.1%, from $8.35M in 2022 to $14.1M in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$9.86B
El Salvador
Top DestinationUnited States$2.87B

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

In 2022, countries that imported more from Ecuador than El Salvador included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

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

Comparative Advantage Ecuador - El Salvador

Flow
Scale

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

During 2022, Ecuador had a large net trade with El Salvador in the exports of Metals ($9.27M), Mineral Products ($8.44M), and Stone And Glass ($6.28M).

During 2017, El Salvador had a large net trade with Ecuador in the exports of Paper Goods ($5.15M), Metals ($3.73M), and Chemical Products ($1.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador El Salvador+$485kPackaged Medicaments
Top Product Potential El Salvador Ecuador+$1.13MPackaged Medicaments

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

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

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