2023
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GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH
-19.3%CURRENT US$
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2023
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 GDP
$34BCURRENT US$
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2013-2023
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GDP GROWTH
54.7%CURRENT US$
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2023
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GDP PC 
$33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC
$5,391CURRENT US$
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2013-2023
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GDP PC GROWTH
50.5%CURRENT US$
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About

Japan-El Salvador Trade: In 2023, Japan exported $296M to El Salvador. The main products that Japan exported to El Salvador were Cars ($59M), Delivery Trucks ($35.4M), and Hot-Rolled Iron ($31.5M). Over the past 5 years the exports of Japan to El Salvador have increased at an annualized rate of 4.77%, from $235M in 2018 to $296M in 2023.

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

El Salvador-Japan Trade: In 2023, El Salvador exported $13.8M to Japan. The main products that El Salvador exported to Japan were Coffee ($7.46M), Knit Sweaters ($1.68M), and Leather Footwear ($796k). Over the past 5 years the exports of El Salvador to Japan have decreased at an annualized rate of 4.1%,  from $17M in 2018 to $13.8M in 2023.

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

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). 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, Japan exported $296M to El Salvador. The main products exported from Japan to El Salvador were Cars ($59M), Delivery Trucks ($35.4M), and Hot-Rolled Iron ($31.5M). During the last 5 years the exports of Japan to El Salvador have increased at an annualized rate of 4.77%, from $235M in 2018 to $296M in 2023.

In 2018, El Salvador exported $13.8M to Japan. The main products exported from El Salvador to Japan were Coffee ($7.46M), Knit Sweaters ($1.68M), and Leather Footwear ($796k). During the last 5 years the exports of El Salvador to Japan have decreased at an annualized rate of 4.1%, from $17M in 2023 to $13.8M in 2018.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$143B
El Salvador
Top Destination
United States$2.41B

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

In 2023, countries that imported more from Japan than El Salvador included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

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

Comparative Advantage Japan - El Salvador

Flow
Scale

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

During 2023, Japan had a large net trade with El Salvador in the exports of Transportation ($136M), Metals ($62.3M), and Machines ($45.6M).

During 2018, El Salvador had a large net trade with Japan in the exports of Vegetable Products ($7.5M), Textiles ($3.41M), and Metals ($1.64M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan El Salvador+$21.1MCars
Top Product Potential El Salvador Japan+$5.65MCoffee

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

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

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