2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
 GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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2022
Flag
GDP PC
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186

About

Singapore-El Salvador Trade: In 2022, Singapore exported $26.1M to El Salvador. The main products that Singapore exported to El Salvador were Refined Petroleum ($10.1M), Other Edible Preparations ($3.68M), and Medical Instruments ($3.08M). Over the past 5 years the exports of Singapore to El Salvador have increased at an annualized rate of 24%, from $8.93M in 2017 to $26.1M in 2022.

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

El Salvador-Singapore Trade: In 2022, El Salvador exported $18.7M to Singapore. The main products that El Salvador exported to Singapore were Electrical Capacitors ($15.4M), Integrated Circuits ($1.56M), and Knit T-shirts ($905k). Over the past 5 years the exports of El Salvador to Singapore have increased at an annualized rate of 11.6%,  from $10.8M in 2017 to $18.7M in 2022.

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

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, Singapore exported $26.1M to El Salvador. The main products exported from Singapore to El Salvador were Refined Petroleum ($10.1M), Other Edible Preparations ($3.68M), and Medical Instruments ($3.08M). During the last 5 years the exports of Singapore to El Salvador have increased at an annualized rate of 24%, from $8.93M in 2017 to $26.1M in 2022.

In 2017, El Salvador exported $18.7M to Singapore. The main products exported from El Salvador to Singapore were Electrical Capacitors ($15.4M), Integrated Circuits ($1.56M), and Knit T-shirts ($905k). During the last 5 years the exports of El Salvador to Singapore have increased at an annualized rate of 11.6%, from $10.8M in 2022 to $18.7M in 2017.

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

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

Latest Data

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

Singapore Exports

El Salvador Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
El Salvador
Top Destination
United States$2.87B

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

In 2022, countries that imported more from Singapore than El Salvador included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

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

Comparative Advantage Singapore - El Salvador

Flow
Scale

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

During 2022, Singapore had a large net trade with El Salvador in the exports of Mineral Products ($10.1M), Instruments ($4.96M), and Foodstuffs ($4.01M).

During 2017, El Salvador had a large net trade with Singapore in the exports of Machines ($17.1M), Textiles ($1.08M), and Transportation ($211k).

Economic Complexity

Competitive Landscape

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

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

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