2022
Flag  
GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

El Salvador-Hong Kong Trade: In 2022, El Salvador exported $6.07M to Hong Kong. The main products that El Salvador exported to Hong Kong were Integrated Circuits ($2.25M), Electrical Capacitors ($842k), and Knit T-shirts ($663k). Over the past 5 years the exports of El Salvador to Hong Kong have decreased at an annualized rate of 42.9%, from $100M in 2017 to $6.07M in 2022.

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

Hong Kong-El Salvador Trade: In 2022, Hong Kong exported $28.2M to El Salvador. The main products that Hong Kong exported to El Salvador were Broadcasting Equipment ($11.7M), Computers ($2.33M), and Light Rubberized Knitted Fabric ($1.71M). Over the past 5 years the exports of Hong Kong to El Salvador have increased at an annualized rate of 4.14%,  from $23M in 2017 to $28.2M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $6.07M to Hong Kong. The main products exported from El Salvador to Hong Kong were Integrated Circuits ($2.25M), Electrical Capacitors ($842k), and Knit T-shirts ($663k). During the last 5 years the exports of El Salvador to Hong Kong have decreased at an annualized rate of 42.9%, from $100M in 2017 to $6.07M in 2022.

In 2017, Hong Kong exported $28.2M to El Salvador. The main products exported from Hong Kong to El Salvador were Broadcasting Equipment ($11.7M), Computers ($2.33M), and Light Rubberized Knitted Fabric ($1.71M). During the last 5 years the exports of Hong Kong to El Salvador have increased at an annualized rate of 4.14%, from $23M in 2022 to $28.2M in 2017.

Exports from El Salvador (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to El Salvador (Flag) (2022)

Latest Data

Trade between El Salvador (Flag) and Hong Kong (Flag)

El Salvador Exports

Hong Kong Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.87B
Hong Kong
Top Destination
China$23.4B

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

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

In 2022, countries that imported more from Hong Kong than El Salvador included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and El Salvador (Flag) (2022)

Comparative Advantage El Salvador - Hong Kong

Flow
Scale

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

During 2022, El Salvador had a large net trade with Hong Kong in the exports of Machines ($3.6M), Textiles ($1.2M), and Animal Products ($1.02M).

During 2017, Hong Kong had a large net trade with El Salvador in the exports of Machines ($17.8M), Textiles ($3.69M), and Metals ($1.85M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Hong Kong+$2.33MIntegrated Circuits
Top Product Potential Hong Kong El Salvador+$6.64MTelephones

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

Product Space of El Salvador (Flag) and Hong Kong (Flag) (2022)

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