2022
Flag  
GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
Flag
 GDP
$32.5BCURRENT US$
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2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
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2022
Flag
GDP PC 
$1,337CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
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2022
Flag
GDP PC
$5,127CURRENT US$
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2012-2022
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GDP PC GROWTH
47.7%CURRENT US$
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About

Nepal-El Salvador Trade: In 2022, Nepal exported $704 to El Salvador. The main products that Nepal exported to El Salvador were Hair Products ($503), Bells and Other Metal Ornaments ($64), and Scarves ($48). Over the past 5 years the exports of Nepal to El Salvador have decreased at an annualized rate of 59.8%, from $66.9k in 2017 to $704 in 2022.

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

El Salvador-Nepal Trade: In 2022, El Salvador exported $14.9k to Nepal. The main products that El Salvador exported to Nepal were Knit T-shirts ($11.8k), Knit Sweaters ($977), and Knit Women's Coats ($924). Over the past 5 years the exports of El Salvador to Nepal have increased at an annualized rate of 5.54%,  from $11.4k in 2017 to $14.9k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. 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
Value

In 2022, Nepal exported $704 to El Salvador. The main products exported from Nepal to El Salvador were Hair Products ($503), Bells and Other Metal Ornaments ($64), and Scarves ($48). During the last 5 years the exports of Nepal to El Salvador have decreased at an annualized rate of 59.8%, from $66.9k in 2017 to $704 in 2022.

In 2017, El Salvador exported $14.9k to Nepal. The main products exported from El Salvador to Nepal were Knit T-shirts ($11.8k), Knit Sweaters ($977), and Knit Women's Coats ($924). During the last 5 years the exports of El Salvador to Nepal have increased at an annualized rate of 5.54%, from $11.4k in 2022 to $14.9k in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and El Salvador (Flag)

El Salvador Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
El Salvador
Top Destination
United States$2.87B

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

In 2022, countries that imported more from Nepal than El Salvador included India ($956M), Turkey ($28.3M), and France ($20.8M).

In 2022, countries that imported more from El Salvador than Nepal included United States ($2.87B), Guatemala ($1.21B), and Honduras ($1.18B).

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

Comparative Advantage Nepal - El Salvador

Flow
Scale

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

During 2022, Nepal had a large net trade with El Salvador in the exports of Chemical Products ($503), Textiles ($76), and Metals ($74).

During 2017, El Salvador had a large net trade with Nepal in the exports of Textiles ($14.8k) and Machines ($129).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal El Salvador+$2.15kPalm Oil
Top Product Potential El Salvador Nepal+$54kKnit T-shirts

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

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

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