El Salvador (SLV) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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El Salvador-Denmark Trade: In 2022, El Salvador exported $1.48M to Denmark. The main products that El Salvador exported to Denmark were Processed Fish ($1.05M), Hard Liquor ($80.2k), and Knit Sweaters ($75.9k). Over the past 5 years the exports of El Salvador to Denmark have increased at an annualized rate of 39.1%, from $284k in 2017 to $1.48M in 2022.

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

Denmark-El Salvador Trade: In 2022, Denmark exported $21.3M to El Salvador. The main products that Denmark exported to El Salvador were Cheese ($7.21M), Packaged Medicaments ($2.97M), and Animal Food ($1.32M). Over the past 5 years the exports of Denmark to El Salvador have increased at an annualized rate of 0.25%, from $20.4M in 2017 to $21.3M in 2022.

In 2020, Denmark exported services to El Salvador worth $179M, with Transportation ($123M), Other business services ($17.8M), and Computer and information services ($14M) being the largest in terms of value.

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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, El Salvador exported $1.48M to Denmark. The main products exported from El Salvador to Denmark were Processed Fish ($1.05M), Hard Liquor ($80.2k), and Knit Sweaters ($75.9k). During the last 5 years the exports of El Salvador to Denmark have increased at an annualized rate of 39.1%, from $284k in 2017 to $1.48M in 2022.

In 2017, Denmark exported $21.3M to El Salvador. The main products exported from Denmark to El Salvador were Cheese ($7.21M), Packaged Medicaments ($2.97M), and Animal Food ($1.32M). During the last 5 years the exports of Denmark to El Salvador have increased at an annualized rate of 0.25%, from $20.4M in 2022 to $21.3M in 2017.

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

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

Latest Data

Trade between El Salvador () and Denmark ()

El Salvador Exports

Date

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.87B

Denmark
Top DestinationGermany$18.9B

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

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

In 2022, countries that imported more from Denmark than El Salvador included Germany ($18.9B), Sweden ($11.6B), and United States ($13.1B).

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

Comparative Advantage El Salvador - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, El Salvador had a large net trade with Denmark in the exports of Foodstuffs ($1.13M), Textiles ($107k), and Machines ($102k).

During 2017, Denmark had a large net trade with El Salvador in the exports of Animal Products ($7.22M), Chemical Products ($5.45M), and Machines ($3.86M).

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 Denmark+$450kProcessed Fish

Top Product Potential Denmark El Salvador+$3.5MPackaged 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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Bilateral Service Trade

Dnk Year

In 2020, Denmark exported services to El Salvador worth $179M, with Transportation ($123M), Other business services ($17.8M), and Computer and information services ($14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark () to El Salvador () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between El Salvador () and Denmark ()

El Salvador Exports

Denmark Exports

Market Competitiveness

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

Comparative Advantage El Salvador - Denmark

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Denmark () to El Salvador () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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