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Pricing

2022
Flag → Flag
Exports $176MRnk 91 / 218
2022
Flag → Flag
Top Product $12.4MCopper Wire
2022
Flag → Flag
Exports $66.6MRnk 13 / 145
2022
Flag → Flag
Top Product $22.7MProcessed Fish
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 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 $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186

About

Spain-El Salvador Trade: In 2022, Spain exported $176M to El Salvador. The main products that Spain exported to El Salvador were Copper Wire ($12.4M), Cleaning Products ($11.6M), and Packaged Medicaments ($9.92M). Over the past 5 years the exports of Spain to El Salvador have increased at an annualized rate of 7.2%, from $125M in 2017 to $176M in 2022.

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

El Salvador-Spain Trade: In 2022, El Salvador exported $66.6M to Spain. The main products that El Salvador exported to Spain were Processed Fish ($22.7M), Refined Petroleum ($14.8M), and Non-fillet Frozen Fish ($13.1M). Over the past 5 years the exports of El Salvador to Spain have increased at an annualized rate of 0.27%,  from $65.7M in 2017 to $66.6M in 2022.

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

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Latest Trends

August, 2024

About

Overview In August 2024, Spain exported €10.6M and imported €5.27M from El Salvador, resulting in a positive trade balance of €5.35M. Between August 2023 and August 2024 the exports of Spain have increased by €344k (3.35%) from €10.3M to €10.6M, while imports decreased by €-5.85M (-52.6%) from €11.1M to €5.27M.

Trade In August 2024, the top exports of Spain to El Salvador were Copper Wire (€1.07M), Commodities not elsewhere specified (€584k), Refined Petroleum (€572k), Non-fillet Frozen Fish (€463k), and Cleaning Products (€449k). In August 2024 the top imports of Spain from El Salvador were Processed Fish (€4.21M), Non-fillet Frozen Fish (€2.43M), Textile Scraps (€132k), Electrical Capacitors (€51k), and Other Processed Vegetables (€42.1k).

Origins In August 2024 the exports of Spain were mainly from Barcelona (€2.67M), Córdoba (€1.75M), Madrid (€912k), Valencia (€672k), and Lleida (€586k), while imports destinations were mainly A Coruña (€4.74M), Barcelona (€210k), Madrid (€68.5k), Sevilla (€66.2k), and Toledo (€58.2k).

Growth In August 2024, the increase in Spain's year-by-year exports to El Salvador was explained primarily by an increase in product exports in Refined Petroleum (€518k or 970%), Non-fillet Frozen Fish (€463k or 290k%), and Beauty Products (€343k or 2.95k%). In August 2024, the decrease in Spain's year-by-year imports  from El Salvador was explained primarily by an decrease in product imports  in Non-Iron and Steel Slag, Ash and... (€-58.7k or -75.6%), Electrical Capacitors (€-58.5k or -53.4%), and Textile Scraps (€-17.1k or -11.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€344k(3.35%)
IMPORT GROWTH (August 2023 - August 2024)€-5.85M(-52.6%)
MAIN EXPORTER (August 2024)Barcelona€2.67M

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

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

For full datasets download visit Bulk Download page.

Explore El Salvador and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $176M to El Salvador. The main products exported from Spain to El Salvador were Copper Wire ($12.4M), Cleaning Products ($11.6M), and Packaged Medicaments ($9.92M). During the last 5 years the exports of Spain to El Salvador have increased at an annualized rate of 7.2%, from $125M in 2017 to $176M in 2022.

In 2017, El Salvador exported $66.6M to Spain. The main products exported from El Salvador to Spain were Processed Fish ($22.7M), Refined Petroleum ($14.8M), and Non-fillet Frozen Fish ($13.1M). During the last 5 years the exports of El Salvador to Spain have increased at an annualized rate of 0.27%, from $65.7M in 2022 to $66.6M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
El Salvador
Top DestinationUnited States$2.87B

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

In 2022, countries that imported more from Spain than El Salvador included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - El Salvador

Flow
Scale

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

During 2022, Spain had a large net trade with El Salvador in the exports of Chemical Products ($41.7M), Metals ($30M), and Machines ($29.7M).

During 2017, El Salvador had a large net trade with Spain in the exports of Foodstuffs ($33.3M), Mineral Products ($15.1M), and Animal Products ($13.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain El Salvador+$6.43MPackaged Medicaments
Top Product Potential El Salvador Spain+$8.05MRefined 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

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

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

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