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2023
Flag → Flag
Exports $312MRnk 5 / 150
2023
Flag → Flag
Top Product $71.4MToilet Paper
2023
Flag → Flag
Exports $429MRnk 13 / 172
2023
Flag → Flag
Top Product $62.7MOther Edible Preparations
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag  
GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
 GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC $5,391CURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP PC GROWTH50.5%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195

About

El Salvador-Costa Rica Trade: In 2023, El Salvador exported $312M to Costa Rica. The main products that El Salvador exported to Costa Rica were Toilet Paper ($71.4M), Plastic Lids ($32.7M), and Processed Fish ($17M). Over the past 5 years the exports of El Salvador to Costa Rica have increased at an annualized rate of 3.28%, from $266M in 2018 to $312M in 2023.

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

Costa Rica-El Salvador Trade: In 2023, Costa Rica exported $429M to El Salvador. The main products that Costa Rica exported to El Salvador were Other Edible Preparations ($62.7M), Sauces and Seasonings ($27.4M), and Other Small Iron Pipes ($23.3M). Over the past 5 years the exports of Costa Rica to El Salvador have increased at an annualized rate of 8.49%,  from $286M in 2018 to $429M in 2023.

In 2023, Costa Rica 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, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, El Salvador exported $312M to Costa Rica. The main products exported from El Salvador to Costa Rica were Toilet Paper ($71.4M), Plastic Lids ($32.7M), and Processed Fish ($17M). During the last 5 years the exports of El Salvador to Costa Rica have increased at an annualized rate of 3.28%, from $266M in 2018 to $312M in 2023.

In 2018, Costa Rica exported $429M to El Salvador. The main products exported from Costa Rica to El Salvador were Other Edible Preparations ($62.7M), Sauces and Seasonings ($27.4M), and Other Small Iron Pipes ($23.3M). During the last 5 years the exports of Costa Rica to El Salvador have increased at an annualized rate of 8.49%, from $286M in 2023 to $429M in 2018.

Exports from El Salvador (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to El Salvador (Flag) (2023)

Latest Data

Trade between El Salvador (Flag) and Costa Rica (Flag)

El Salvador Exports

Costa Rica Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.41B
Costa Rica
Top DestinationUnited States$9.5B

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

In 2023, countries that imported more from El Salvador than Costa Rica included Honduras ($1.03B), Guatemala ($1.15B), and Cote d'Ivoire ($1.87M).

In 2023, countries that imported more from Costa Rica than El Salvador included United States ($9.5B), Netherlands ($1.52B), and China ($1.17B).

Difference in imports from Costa Rica (Flag) and El Salvador (Flag) (2023)

Comparative Advantage El Salvador - Costa Rica

Flow
Scale

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

During 2023, El Salvador had a large net trade with Costa Rica in the exports of Paper Goods ($92M), Plastics and Rubbers ($53M), and Foodstuffs ($44.9M).

During 2018, Costa Rica had a large net trade with El Salvador in the exports of Foodstuffs ($154M), Metals ($50.9M), and Animal Products ($50.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Costa Rica+$3.07MRefined Petroleum
Top Product Potential Costa Rica El Salvador+$1.51MMedical Instruments

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

Product Space of El Salvador (Flag) and Costa Rica (Flag) (2023)

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