2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 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 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 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

Italy-El Salvador Trade: In 2023, Italy exported $141M to El Salvador. The main products that Italy exported to El Salvador were Packaged Medicaments ($11.9M), Cellulose Fibers Paper ($11.8M), and Industrial Printers ($10.9M). Over the past 5 years the exports of Italy to El Salvador have increased at an annualized rate of 8.53%, from $93.9M in 2018 to $141M in 2023.

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

El Salvador-Italy Trade: In 2023, El Salvador exported $31.9M to Italy. The main products that El Salvador exported to Italy were Raw Sugar ($10.3M), Processed Fish ($9.58M), and Coffee ($8.86M). Over the past 5 years the exports of El Salvador to Italy have decreased at an annualized rate of 3.13%,  from $37.4M in 2018 to $31.9M in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). 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, Italy exported $141M to El Salvador. The main products exported from Italy to El Salvador were Packaged Medicaments ($11.9M), Cellulose Fibers Paper ($11.8M), and Industrial Printers ($10.9M). During the last 5 years the exports of Italy to El Salvador have increased at an annualized rate of 8.53%, from $93.9M in 2018 to $141M in 2023.

In 2018, El Salvador exported $31.9M to Italy. The main products exported from El Salvador to Italy were Raw Sugar ($10.3M), Processed Fish ($9.58M), and Coffee ($8.86M). During the last 5 years the exports of El Salvador to Italy have decreased at an annualized rate of 3.13%, from $37.4M in 2023 to $31.9M in 2018.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
El Salvador
Top Destination
United States$2.41B

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

In 2023, countries that imported more from Italy than El Salvador included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

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

Comparative Advantage Italy - El Salvador

Flow
Scale

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

During 2023, Italy had a large net trade with El Salvador in the exports of Machines ($61.6M), Chemical Products ($23.3M), and Paper Goods ($14.7M).

During 2018, El Salvador had a large net trade with Italy in the exports of Foodstuffs ($20.2M), Vegetable Products ($8.88M), and Textiles ($1.67M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy El Salvador+$6.5MRefined Petroleum
Top Product Potential El Salvador Italy+$6.22MCoffee

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

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

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