El Salvador (SLV) and Austria (AUT) Trade | The Observatory of Economic Complexity

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El Salvador-Austria Trade: In 2022, El Salvador exported $1.61M to Austria. The main products that El Salvador exported to Austria were Electrical Capacitors ($637k), Knit Sweaters ($257k), and Coffee ($246k). Over the past 5 years the exports of El Salvador to Austria have decreased at an annualized rate of 8.08%, from $2.45M in 2017 to $1.61M in 2022.

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

Austria-El Salvador Trade: In 2022, Austria exported $19.5M to El Salvador. The main products that Austria exported to El Salvador were Vaccines, blood, antisera, toxins and cultures ($2.75M), Packaged Medicaments ($2.41M), and Industrial Printers ($1.52M). Over the past 5 years the exports of Austria to El Salvador have increased at an annualized rate of 6.2%, from $14.4M in 2017 to $19.5M in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, El Salvador exported $1.61M to Austria. The main products exported from El Salvador to Austria were Electrical Capacitors ($637k), Knit Sweaters ($257k), and Coffee ($246k). During the last 5 years the exports of El Salvador to Austria have decreased at an annualized rate of 8.08%, from $2.45M in 2017 to $1.61M in 2022.

In 2017, Austria exported $19.5M to El Salvador. The main products exported from Austria to El Salvador were Vaccines, blood, antisera, toxins and cultures ($2.75M), Packaged Medicaments ($2.41M), and Industrial Printers ($1.52M). During the last 5 years the exports of Austria to El Salvador have increased at an annualized rate of 6.2%, from $14.4M in 2022 to $19.5M in 2017.

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

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

Latest Data

Trade between El Salvador () and Austria ()

El Salvador Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.87B

Austria
Top DestinationGermany$57.7B

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

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

In 2022, countries that imported more from Austria than El Salvador included Germany ($57.7B), Italy ($13.6B), and United States ($14.4B).

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

Comparative Advantage El Salvador - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, El Salvador had a large net trade with Austria in the exports of Machines ($824k), Textiles ($302k), and Vegetable Products ($246k).

During 2017, Austria had a large net trade with El Salvador in the exports of Chemical Products ($6.14M), Machines ($5.63M), and Paper Goods ($2.02M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential El Salvador Austria+$674kKnit Sweaters

Top Product Potential Austria El Salvador+$2.58MPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between El Salvador () and Austria ()

El Salvador Exports

Austria Exports

Market Competitiveness

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

Comparative Advantage El Salvador - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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