2023
Flag  
GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC 
$5,391CURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP PC GROWTH
50.5%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

El Salvador-Canada Trade: In 2023, El Salvador exported $119M to Canada. The main products that El Salvador exported to Canada were Raw Sugar ($73.9M), Knit Sweaters ($11.1M), and Coffee ($5.34M). Over the past 5 years the exports of El Salvador to Canada have increased at an annualized rate of 25.5%, from $38.2M in 2018 to $119M in 2023.

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

Canada-El Salvador Trade: In 2023, Canada exported $182M to El Salvador. The main products that Canada exported to El Salvador were Wheat ($89.5M), Packaged Medicaments ($13M), and Cars ($11.1M). Over the past 5 years the exports of Canada to El Salvador have increased at an annualized rate of 18.7%,  from $77M in 2018 to $182M in 2023.

In 2020, Canada exported services to El Salvador worth $9.69M, with Travel ($9.69M) being the largest in terms of value.

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, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, El Salvador exported $119M to Canada. The main products exported from El Salvador to Canada were Raw Sugar ($73.9M), Knit Sweaters ($11.1M), and Coffee ($5.34M). During the last 5 years the exports of El Salvador to Canada have increased at an annualized rate of 25.5%, from $38.2M in 2018 to $119M in 2023.

In 2018, Canada exported $182M to El Salvador. The main products exported from Canada to El Salvador were Wheat ($89.5M), Packaged Medicaments ($13M), and Cars ($11.1M). During the last 5 years the exports of Canada to El Salvador have increased at an annualized rate of 18.7%, from $77M in 2023 to $182M in 2018.

Exports from El Salvador (Flag) to Canada (Flag) (2023)

Exports from Canada (Flag) to El Salvador (Flag) (2023)

Latest Data

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

El Salvador Exports

Canada Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.41B
Canada
Top Destination
United States$410B

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

In 2023, countries that imported more from El Salvador than Canada included Honduras ($1.03B), Guatemala ($1.15B), and Nicaragua ($511M).

In 2023, countries that imported more from Canada than El Salvador included United States ($410B), China ($31.1B), and United Kingdom ($18B).

Difference in imports from Canada (Flag) and El Salvador (Flag) (2023)

Comparative Advantage El Salvador - Canada

Flow
Scale

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

During 2023, El Salvador had a large net trade with Canada in the exports of Foodstuffs ($74.5M), Textiles ($30.3M), and Vegetable Products ($7.73M).

During 2018, Canada had a large net trade with El Salvador in the exports of Vegetable Products ($91.1M), Chemical Products ($21.8M), and Transportation ($13.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Canada+$9.28MKnit Sweaters
Top Product Potential Canada El Salvador+$5.52MPackaged 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Canada exported services to El Salvador worth $9.69M, with Travel ($9.69M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to El Salvador (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of El Salvador and Canada. This means that a dot/product with the flag of El Salvador indicates it has a comparative advantage over Canada. Similarly, a dot/product with the flag of Canada indicates it has a comparative advantage over El Salvador.

Product Space of El Salvador (Flag) and Canada (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with