El Salvador (SLV) and Spain (ESP) Trade | The Observatory of Economic Complexity

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El Salvador-Spain Trade: In 2022, El Salvador exported $66.6M to Spain. The main products that El Salvador exported to Spain were Processed Fish ($22.7M), Refined Petroleum ($14.8M), and Non-fillet Frozen Fish ($13.1M). Over the past 5 years the exports of El Salvador to Spain have increased at an annualized rate of 0.27%, from $65.7M in 2017 to $66.6M in 2022.

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

Spain-El Salvador Trade: In 2022, Spain exported $176M to El Salvador. The main products that Spain exported to El Salvador were Copper Wire ($12.4M), Cleaning Products ($11.6M), and Packaged Medicaments ($9.92M). Over the past 5 years the exports of Spain to El Salvador have increased at an annualized rate of 7.2%, from $125M in 2017 to $176M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, El Salvador exported $66.6M to Spain. The main products exported from El Salvador to Spain were Processed Fish ($22.7M), Refined Petroleum ($14.8M), and Non-fillet Frozen Fish ($13.1M). During the last 5 years the exports of El Salvador to Spain have increased at an annualized rate of 0.27%, from $65.7M in 2017 to $66.6M in 2022.

In 2017, Spain exported $176M to El Salvador. The main products exported from Spain to El Salvador were Copper Wire ($12.4M), Cleaning Products ($11.6M), and Packaged Medicaments ($9.92M). During the last 5 years the exports of Spain to El Salvador have increased at an annualized rate of 7.2%, from $125M in 2022 to $176M in 2017.

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

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

Latest Data

Trade between El Salvador () and Spain ()

El Salvador Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.87B

Spain
Top DestinationFrance$65.2B

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

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

In 2022, countries that imported more from Spain than El Salvador included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage El Salvador - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, El Salvador had a large net trade with Spain in the exports of Foodstuffs ($33.3M), Mineral Products ($15.1M), and Animal Products ($13.1M).

During 2017, Spain had a large net trade with El Salvador in the exports of Chemical Products ($41.7M), Metals ($30M), and Machines ($29.7M).

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 Spain+$8.05MRefined Petroleum

Top Product Potential Spain El Salvador+$6.43MPackaged 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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between El Salvador () and Spain ()

El Salvador Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage El Salvador - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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