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2022
Flag → Flag
Exports $218kRnk 88 / 145
2022
Flag → Flag
Top Product $52.2kKnit T-shirts
2022
Flag → Flag
Exports $70.4kRnk 118 / 160
2022
Flag → Flag
Top Product $53.2kOther Plastic Products
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag  
GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 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$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

El Salvador-Iceland Trade: In 2022, El Salvador exported $218k to Iceland. The main products that El Salvador exported to Iceland were Knit T-shirts ($52.2k), Knit Sweaters ($42k), and Processed Fish ($28.9k). Over the past 5 years the exports of El Salvador to Iceland have increased at an annualized rate of 2.23%, from $195k in 2017 to $218k in 2022.

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

Iceland-El Salvador Trade: In 2022, Iceland exported $70.4k to El Salvador. The main products that Iceland exported to El Salvador were Other Plastic Products ($53.2k), Oscilloscopes ($5.19k), and Blank Audio Media ($4.11k). Over the past 5 years the exports of Iceland to El Salvador have decreased at an annualized rate of 28.3%,  from $371k in 2017 to $70.4k in 2022.

In 2022, Iceland 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, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $218k to Iceland. The main products exported from El Salvador to Iceland were Knit T-shirts ($52.2k), Knit Sweaters ($42k), and Processed Fish ($28.9k). During the last 5 years the exports of El Salvador to Iceland have increased at an annualized rate of 2.23%, from $195k in 2017 to $218k in 2022.

In 2017, Iceland exported $70.4k to El Salvador. The main products exported from Iceland to El Salvador were Other Plastic Products ($53.2k), Oscilloscopes ($5.19k), and Blank Audio Media ($4.11k). During the last 5 years the exports of Iceland to El Salvador have decreased at an annualized rate of 28.3%, from $371k in 2022 to $70.4k in 2017.

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

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

Latest Data

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

El Salvador Exports

Date

Iceland Exports

Date

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.87B
Iceland
Top DestinationNetherlands$1.97B

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

In 2022, countries that imported more from El Salvador than Iceland included United States ($2.87B), Guatemala ($1.21B), and Honduras ($1.18B).

In 2022, countries that imported more from Iceland than El Salvador included Netherlands ($1.97B), United Kingdom ($672M), and Germany ($573M).

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

Comparative Advantage El Salvador - Iceland

Flow
Scale

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

During 2022, El Salvador had a large net trade with Iceland in the exports of Textiles ($181k), Foodstuffs ($29k), and Footwear and Headwear ($2.55k).

During 2017, Iceland had a large net trade with El Salvador in the exports of Plastics and Rubbers ($53.2k), Instruments ($8.22k), and Machines ($5.1k).

Economic Complexity

Competitive Landscape

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

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

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