2022
Flag  
GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

El Salvador-India Trade: In 2022, El Salvador exported $1.83M to India. The main products that El Salvador exported to India were Rough Wood ($729k), Scrap Aluminium ($299k), and Recovered Paper ($229k). Over the past 5 years the exports of El Salvador to India have decreased at an annualized rate of 24.2%, from $7.3M in 2017 to $1.83M in 2022.

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

India-El Salvador Trade: In 2022, India exported $242M to El Salvador. The main products that India exported to El Salvador were Light Rubberized Knitted Fabric ($29.7M), Packaged Medicaments ($29M), and Knit Sweaters ($26.2M). Over the past 5 years the exports of India to El Salvador have increased at an annualized rate of 6.86%,  from $102M in 2017 to $242M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $1.83M to India. The main products exported from El Salvador to India were Rough Wood ($729k), Scrap Aluminium ($299k), and Recovered Paper ($229k). During the last 5 years the exports of El Salvador to India have decreased at an annualized rate of 24.2%, from $7.3M in 2017 to $1.83M in 2022.

In 2017, India exported $242M to El Salvador. The main products exported from India to El Salvador were Light Rubberized Knitted Fabric ($29.7M), Packaged Medicaments ($29M), and Knit Sweaters ($26.2M). During the last 5 years the exports of India to El Salvador have increased at an annualized rate of 6.86%, from $102M in 2022 to $242M in 2017.

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

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

Latest Data

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

El Salvador Exports

India Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.87B
India
Top Destination
United States$82.9B

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

In 2022, countries that imported more from El Salvador than India included Honduras ($1.18B), Guatemala ($1.21B), and Costa Rica ($304M).

In 2022, countries that imported more from India than El Salvador included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage El Salvador - India

Flow
Scale

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

During 2022, El Salvador had a large net trade with India in the exports of Wood Products ($729k), Metals ($485k), and Paper Goods ($229k).

During 2017, India had a large net trade with El Salvador in the exports of Textiles ($87.6M), Chemical Products ($57.9M), and Transportation ($50.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador India+$982kScrap Aluminium
Top Product Potential India El Salvador+$15.3MPackaged 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 India. This means that a dot/product with the flag of El Salvador indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over El Salvador.

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

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