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2022
Flag → Flag
Exports $277kRnk 84 / 145
2022
Flag → Flag
Top Product $247kCoffee
2022
Flag → Flag
Exports $40.5kRnk 100 / 129
2022
Flag → Flag
Top Product $28.9kCombustion Engines
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC $5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

El Salvador-Armenia Trade: In 2022, El Salvador exported $277k to Armenia. The main products that El Salvador exported to Armenia were Coffee ($247k), Electrical Capacitors ($15.3k), and Knit T-shirts ($5.87k). Over the past 5 years the exports of El Salvador to Armenia have increased at an annualized rate of 12.7%, from $152k in 2017 to $277k in 2022.

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

Armenia-El Salvador Trade: In 2022, Armenia exported $40.5k to El Salvador. The main products that Armenia exported to El Salvador were Combustion Engines ($28.9k), Aluminium Foil ($11.6k), and Textile Footwear ($23). Over the past 5 years the exports of Armenia to El Salvador have increased at an annualized rate of 1.52%,  from $37.5k in 2017 to $40.5k in 2022.

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

Comparison: In 2022,  El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $277k to Armenia. The main products exported from El Salvador to Armenia were Coffee ($247k), Electrical Capacitors ($15.3k), and Knit T-shirts ($5.87k). During the last 5 years the exports of El Salvador to Armenia have increased at an annualized rate of 12.7%, from $152k in 2017 to $277k in 2022.

In 2017, Armenia exported $40.5k to El Salvador. The main products exported from Armenia to El Salvador were Combustion Engines ($28.9k), Aluminium Foil ($11.6k), and Textile Footwear ($23). During the last 5 years the exports of Armenia to El Salvador have increased at an annualized rate of 1.52%, from $37.5k in 2022 to $40.5k in 2017.

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

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

Latest Data

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

El Salvador Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.87B
Armenia
Top DestinationRussia$2.36B

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

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

In 2022, countries that imported more from Armenia than El Salvador included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

Comparative Advantage El Salvador - Armenia

Flow
Scale

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

During 2022, El Salvador had a large net trade with Armenia in the exports of Vegetable Products ($248k), Machines ($15.4k), and Textiles ($13.9k).

During 2017, Armenia had a large net trade with El Salvador in the exports of Machines ($28.9k), Metals ($11.6k), and Footwear and Headwear ($23).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Armenia+$170kCoffee
Top Product Potential Armenia El Salvador+$26.8kAluminium Foil

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 El Salvador and Armenia. This means that a dot/product with the flag of El Salvador indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over El Salvador.

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

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