El Salvador (SLV) and Finland (FIN) Trade | The Observatory of Economic Complexity

About

El Salvador-Finland Trade: In 2022, El Salvador exported $4.31M to Finland. The main products that El Salvador exported to Finland were Processed Fish ($2M), Coffee ($1.49M), and Cars ($312k). Over the past 5 years the exports of El Salvador to Finland have increased at an annualized rate of 17.8%, from $1.9M in 2017 to $4.31M in 2022.

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

Finland-El Salvador Trade: In 2022, Finland exported $16.6M to El Salvador. The main products that Finland exported to El Salvador were Kraft Paper ($3.48M), Other Uncoated Paper ($2.92M), and Kaolin Coated Paper ($2.84M). Over the past 5 years the exports of Finland to El Salvador have increased at an annualized rate of 6.77%, from $12M in 2017 to $16.6M in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, El Salvador exported $4.31M to Finland. The main products exported from El Salvador to Finland were Processed Fish ($2M), Coffee ($1.49M), and Cars ($312k). During the last 5 years the exports of El Salvador to Finland have increased at an annualized rate of 17.8%, from $1.9M in 2017 to $4.31M in 2022.

In 2017, Finland exported $16.6M to El Salvador. The main products exported from Finland to El Salvador were Kraft Paper ($3.48M), Other Uncoated Paper ($2.92M), and Kaolin Coated Paper ($2.84M). During the last 5 years the exports of Finland to El Salvador have increased at an annualized rate of 6.77%, from $12M in 2022 to $16.6M in 2017.

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

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

Latest Data

Trade between El Salvador () and Finland ()

El Salvador Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.87B

Finland
Top DestinationGermany$9.99B

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

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

In 2022, countries that imported more from Finland than El Salvador included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

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

Comparative Advantage El Salvador - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, El Salvador had a large net trade with Finland in the exports of Foodstuffs ($2M), Vegetable Products ($1.49M), and Machines ($354k).

During 2017, Finland had a large net trade with El Salvador in the exports of Paper Goods ($9.74M), Machines ($4.09M), and Plastics and Rubbers ($1.03M).

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 Finland+$1.04MCoffee

Top Product Potential Finland El Salvador+$931kKaolin Coated Paper

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between El Salvador () and Finland ()

El Salvador Exports

Finland Exports

Market Competitiveness

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

Comparative Advantage El Salvador - Finland

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring