El Salvador (SLV) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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El Salvador-Azerbaijan Trade: In 2023, El Salvador exported $14.1k to Azerbaijan. The main products that El Salvador exported to Azerbaijan were Coffee ($9.15k), Electrical Capacitors ($2.1k), and Knit Men's Suits ($1.33k). Over the past 5 years the exports of El Salvador to Azerbaijan have increased at an annualized rate of 4.57%, from $11.3k in 2018 to $14.1k in 2023.

In 2023, El Salvador did not export any services to Azerbaijan.

Azerbaijan-El Salvador Trade: In 2023, Azerbaijan exported $1.73k to El Salvador. The main products that Azerbaijan exported to El Salvador were N/A. Over the past 5 years the exports of Azerbaijan to El Salvador have increased at an annualized rate of 29.4%, from $475 in 2018 to $1.73k in 2023.

In 2023, Azerbaijan did not export any services to El Salvador.

Comparison: In 2023, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, El Salvador exported $14.1k to Azerbaijan. The main products exported from El Salvador to Azerbaijan were Coffee ($9.15k), Electrical Capacitors ($2.1k), and Knit Men's Suits ($1.33k). During the last 5 years the exports of El Salvador to Azerbaijan have increased at an annualized rate of 4.57%, from $11.3k in 2018 to $14.1k in 2023.

In 2017, Azerbaijan exported $1.73k to El Salvador. There were not main exports from Azerbaijan to El Salvador in 2017. During the last 5 years the exports of Azerbaijan to El Salvador have increased at an annualized rate of 29.4%, from $475 in 2022 to $1.73k in 2017.

Exports from El Salvador () to Azerbaijan () (2023)

Exports from Azerbaijan () to El Salvador () (2023)

Latest Data

Trade between El Salvador () and Azerbaijan ()

El Salvador Exports

Date

Feb 2019

Aug 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.41B

Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from El Salvador than Azerbaijan included United States ($2.41B), Guatemala ($1.15B), and Honduras ($1.03B).

In 2023, countries that imported more from Azerbaijan than El Salvador included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

Difference in imports from Azerbaijan () and El Salvador () (2023)

Comparative Advantage El Salvador - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, El Salvador had a large net trade with Azerbaijan in the exports of Vegetable Products ($9.15k), Textiles ($2.81k), and Machines ($2.12k).

During 2017, Azerbaijan had a large net trade with El Salvador in the exports of .

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 Azerbaijan+$27.8kCoffee

Top Product Potential Azerbaijan El Salvador+$4.93kPetroleum Gas

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

About

Historical Data

Bilateral Trade by Products

Exports from El Salvador () to Azerbaijan () (2023)

Exports from Azerbaijan () to El Salvador () (2023)

Latest Data

Trade between El Salvador () and Azerbaijan ()

El Salvador Exports

Market Competitiveness

Difference in imports from Azerbaijan () and El Salvador () (2023)

Comparative Advantage El Salvador - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of El Salvador () and Azerbaijan () (2023)

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