El Salvador (SLV) and Colombia (COL) Trade | The Observatory of Economic Complexity

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El Salvador-Colombia Trade: In 2022, El Salvador exported $10.7M to Colombia. The main products that El Salvador exported to Colombia were Plastic Lids ($1.09M), Hair Products ($1.01M), and Recovered Paper ($922k). Over the past 5 years the exports of El Salvador to Colombia have decreased at an annualized rate of 5.89%, from $14.5M in 2017 to $10.7M in 2022.

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

Colombia-El Salvador Trade: In 2022, Colombia exported $175M to El Salvador. The main products that Colombia exported to El Salvador were Packaged Medicaments ($24M), Refrigerators ($13.2M), and Perfumes ($8.14M). Over the past 5 years the exports of Colombia to El Salvador have increased at an annualized rate of 6.33%, from $101M in 2017 to $175M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, El Salvador exported $10.7M to Colombia. The main products exported from El Salvador to Colombia were Plastic Lids ($1.09M), Hair Products ($1.01M), and Recovered Paper ($922k). During the last 5 years the exports of El Salvador to Colombia have decreased at an annualized rate of 5.89%, from $14.5M in 2017 to $10.7M in 2022.

In 2017, Colombia exported $175M to El Salvador. The main products exported from Colombia to El Salvador were Packaged Medicaments ($24M), Refrigerators ($13.2M), and Perfumes ($8.14M). During the last 5 years the exports of Colombia to El Salvador have increased at an annualized rate of 6.33%, from $101M in 2022 to $175M in 2017.

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

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

Latest Data

Trade between El Salvador () and Colombia ()

El Salvador Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.87B

Colombia
Top DestinationUnited States$15.6B

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

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

In 2022, countries that imported more from Colombia than El Salvador included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage El Salvador - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, El Salvador had a large net trade with Colombia in the exports of Chemical Products ($2.44M), Foodstuffs ($2.04M), and Plastics and Rubbers ($1.99M).

During 2017, Colombia had a large net trade with El Salvador in the exports of Chemical Products ($61.6M), Machines ($28.8M), and Plastics and Rubbers ($25.1M).

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 Colombia+$1.58MPlastic Lids

Top Product Potential Colombia El Salvador+$6.15MRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between El Salvador () and Colombia ()

El Salvador Exports

Colombia Exports

Market Competitiveness

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

Comparative Advantage El Salvador - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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