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Pricing

2022
Flag → Flag
Exports $127MRnk 114 / 221
2022
Flag → Flag
Top Product $8.21MCars
2022
Flag → Flag
Exports $53.2MRnk 14 / 145
2022
Flag → Flag
Top Product $31.7MProcessed Fish
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 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 $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186

About

Italy-El Salvador Trade: In 2022, Italy exported $127M to El Salvador. The main products that Italy exported to El Salvador were Cars ($8.21M), Cellulose Fibers Paper ($5.7M), and Industrial Printers ($5.25M). Over the past 5 years the exports of Italy to El Salvador have increased at an annualized rate of 10.6%, from $76.7M in 2017 to $127M in 2022.

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

El Salvador-Italy Trade: In 2022, El Salvador exported $53.2M to Italy. The main products that El Salvador exported to Italy were Processed Fish ($31.7M), Coffee ($10.2M), and Raw Sugar ($3.32M). Over the past 5 years the exports of El Salvador to Italy have increased at an annualized rate of 10.1%,  from $32.8M in 2017 to $53.2M in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Latest Trends

May, 2024

About

Overview In May 2024, Italy exported €2.07M and imported €5.04M from El Salvador, resulting in a negative trade balance of €2.97M. Between May 2023 and May 2024 the exports of Italy have decreased by €-830k (-28.6%) from €2.9M to €2.07M, while imports increased by €3.91M (346%) from €1.13M to €5.04M.

Growth In May 2024, the decrease in Italy's year-by-year exports to El Salvador was explained primarily by an decrease in product exports in . In July 2024, the increase in Italy's year-by-year imports  from El Salvador was explained primarily by an increase in product imports  in N/A.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (May 2023 - May 2024)€-830k(-28.6%)
IMPORT GROWTH (July 2023 - July 2024)€3.91M(346%)

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

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

For full datasets download visit Bulk Download page.

Explore El Salvador and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $127M to El Salvador. The main products exported from Italy to El Salvador were Cars ($8.21M), Cellulose Fibers Paper ($5.7M), and Industrial Printers ($5.25M). During the last 5 years the exports of Italy to El Salvador have increased at an annualized rate of 10.6%, from $76.7M in 2017 to $127M in 2022.

In 2017, El Salvador exported $53.2M to Italy. The main products exported from El Salvador to Italy were Processed Fish ($31.7M), Coffee ($10.2M), and Raw Sugar ($3.32M). During the last 5 years the exports of El Salvador to Italy have increased at an annualized rate of 10.1%, from $32.8M in 2022 to $53.2M in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
El Salvador
Top DestinationUnited States$2.87B

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 2022, countries that imported more from Italy than El Salvador included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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

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 2022, Italy had a large net trade with El Salvador in the exports of Machines ($55.3M), Chemical Products ($16.9M), and Transportation ($9.18M).

During 2017, El Salvador had a large net trade with Italy in the exports of Foodstuffs ($35.2M), Vegetable Products ($10.3M), and Textiles ($6.74M).

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) (2022)

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