Mexico (MEX) and El Salvador (SLV) Trade | The Observatory of Economic Complexity

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Mexico-El Salvador Trade: In 2022, Mexico exported $1.25B to El Salvador. The main products that Mexico exported to El Salvador were Video Displays ($58.3M), Packaged Medicaments ($50.1M), and Cars ($49.8M). Over the past 5 years the exports of Mexico to El Salvador have increased at an annualized rate of 7.8%, from $861M in 2017 to $1.25B in 2022.

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

El Salvador-Mexico Trade: In 2022, El Salvador exported $220M to Mexico. The main products that El Salvador exported to Mexico were Insulated Wire ($48.5M), Knit T-shirts ($46M), and Raw Plastic Sheeting ($32.2M). Over the past 5 years the exports of El Salvador to Mexico have increased at an annualized rate of 9.91%, from $137M in 2017 to $220M in 2022.

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

Comparison: In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $1.25B to El Salvador. The main products exported from Mexico to El Salvador were Video Displays ($58.3M), Packaged Medicaments ($50.1M), and Cars ($49.8M). During the last 5 years the exports of Mexico to El Salvador have increased at an annualized rate of 7.8%, from $861M in 2017 to $1.25B in 2022.

In 2017, El Salvador exported $220M to Mexico. The main products exported from El Salvador to Mexico were Insulated Wire ($48.5M), Knit T-shirts ($46M), and Raw Plastic Sheeting ($32.2M). During the last 5 years the exports of El Salvador to Mexico have increased at an annualized rate of 9.91%, from $137M in 2022 to $220M in 2017.

Exports from Mexico () to El Salvador () (2022)

Exports from El Salvador () to Mexico () (2022)

Latest Data

Trade between Mexico () and El Salvador ()

Mexico Exports

Date

El Salvador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

El Salvador
Top DestinationUnited States$2.87B

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

In 2022, countries that imported more from Mexico than El Salvador included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from El Salvador than Mexico included Honduras ($1.18B), Haiti ($16.5M), and Mali ($714k).

Difference in imports from El Salvador () and Mexico () (2022)

Comparative Advantage Mexico - El Salvador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with El Salvador in the exports of Machines ($258M), Chemical Products ($203M), and Foodstuffs ($156M).

During 2017, El Salvador had a large net trade with Mexico in the exports of Textiles ($76.9M), Machines ($60.6M), and Plastics and Rubbers ($44.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico El Salvador+$31.7MCars

Top Product Potential El Salvador Mexico+$20MInsulated Wire

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to El Salvador () (2022)

Exports from El Salvador () to Mexico () (2022)

Latest Data

Trade between Mexico () and El Salvador ()

Mexico Exports

El Salvador Exports

Market Competitiveness

Difference in imports from El Salvador () and Mexico () (2022)

Comparative Advantage Mexico - El Salvador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mexico () and El Salvador () (2022)

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