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Pricing

2022
Flag → Flag
Exports $14.1MRnk 25 / 145
2022
Flag → Flag
Top Product $3.05MPaper Containers
2022
Flag → Flag
Exports $39.7MRnk 53 / 170
2022
Flag → Flag
Top Product $8.44MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

El Salvador-Ecuador Trade: In 2022, El Salvador exported $14.1M to Ecuador. The main products that El Salvador exported to Ecuador were Paper Containers ($3.05M), Scrap Aluminium ($2.07M), and Recovered Paper ($1.64M). Over the past 5 years the exports of El Salvador to Ecuador have increased at an annualized rate of 11.1%, from $8.35M in 2017 to $14.1M in 2022.

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

Ecuador-El Salvador Trade: In 2022, Ecuador exported $39.7M to El Salvador. The main products that Ecuador exported to El Salvador were Refined Petroleum ($8.44M), Iron Stovetops ($4.84M), and Cut Flowers ($3.45M). Over the past 5 years the exports of Ecuador to El Salvador have decreased at an annualized rate of 3.94%,  from $48.5M in 2017 to $39.7M in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $14.1M to Ecuador. The main products exported from El Salvador to Ecuador were Paper Containers ($3.05M), Scrap Aluminium ($2.07M), and Recovered Paper ($1.64M). During the last 5 years the exports of El Salvador to Ecuador have increased at an annualized rate of 11.1%, from $8.35M in 2017 to $14.1M in 2022.

In 2017, Ecuador exported $39.7M to El Salvador. The main products exported from Ecuador to El Salvador were Refined Petroleum ($8.44M), Iron Stovetops ($4.84M), and Cut Flowers ($3.45M). During the last 5 years the exports of Ecuador to El Salvador have decreased at an annualized rate of 3.94%, from $48.5M in 2022 to $39.7M in 2017.

Exports from El Salvador (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to El Salvador (Flag) (2022)

Latest Data

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

El Salvador Exports

Ecuador Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.87B
Ecuador
Top DestinationUnited States$9.86B

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

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

In 2022, countries that imported more from Ecuador than El Salvador included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

Difference in imports from Ecuador (Flag) and El Salvador (Flag) (2022)

Comparative Advantage El Salvador - Ecuador

Flow
Scale

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

During 2022, El Salvador had a large net trade with Ecuador in the exports of Paper Goods ($5.15M), Metals ($3.73M), and Chemical Products ($1.6M).

During 2017, Ecuador had a large net trade with El Salvador in the exports of Metals ($9.27M), Mineral Products ($8.44M), and Stone And Glass ($6.28M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Ecuador+$1.13MPackaged Medicaments
Top Product Potential Ecuador El Salvador+$485kPackaged 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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Economic Complexity

Competitive Landscape

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

Product Space of El Salvador (Flag) and Ecuador (Flag) (2022)

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