El Salvador (SLV) and Italy (ITA) Trade | The Observatory of Economic Complexity

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El Salvador-Italy Trade: In 2023, El Salvador exported $31.9M to Italy. The main products that El Salvador exported to Italy were Raw Sugar ($10.3M), Processed Fish ($9.58M), and Coffee ($8.86M). Over the past 5 years the exports of El Salvador to Italy have decreased at an annualized rate of 3.13%, from $37.4M in 2018 to $31.9M in 2023.

In 2023, El Salvador did not export any services to Italy.

Italy-El Salvador Trade: In 2023, Italy exported $141M to El Salvador. The main products that Italy exported to El Salvador were Packaged Medicaments ($11.9M), Cellulose Fibers Paper ($11.8M), and Industrial Printers ($10.9M). Over the past 5 years the exports of Italy to El Salvador have increased at an annualized rate of 8.53%, from $93.9M in 2018 to $141M in 2023.

In 2023, Italy did not export any services to El Salvador.

Comparison: In 2023, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, El Salvador exported $31.9M to Italy. The main products exported from El Salvador to Italy were Raw Sugar ($10.3M), Processed Fish ($9.58M), and Coffee ($8.86M). During the last 5 years the exports of El Salvador to Italy have decreased at an annualized rate of 3.13%, from $37.4M in 2018 to $31.9M in 2023.

In 2018, Italy exported $141M to El Salvador. The main products exported from Italy to El Salvador were Packaged Medicaments ($11.9M), Cellulose Fibers Paper ($11.8M), and Industrial Printers ($10.9M). During the last 5 years the exports of Italy to El Salvador have increased at an annualized rate of 8.53%, from $93.9M in 2023 to $141M in 2018.

Exports from El Salvador () to Italy () (2023)

Exports from Italy () to El Salvador () (2023)

Latest Data

Trade between El Salvador () and Italy ()

El Salvador Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.41B

Italy
Top DestinationGermany$71.4B

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

In 2023, countries that imported more from El Salvador than Italy included Honduras ($1.03B), Guatemala ($1.15B), and Nicaragua ($511M).

In 2023, countries that imported more from Italy than El Salvador included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

Difference in imports from Italy () and El Salvador () (2023)

Comparative Advantage El Salvador - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, El Salvador had a large net trade with Italy in the exports of Foodstuffs ($20.2M), Vegetable Products ($8.88M), and Textiles ($1.67M).

During 2018, Italy had a large net trade with El Salvador in the exports of Machines ($61.6M), Chemical Products ($23.3M), and Paper Goods ($14.7M).

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 Italy+$6.22MCoffee

Top Product Potential Italy El Salvador+$6.5MRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from El Salvador () to Italy () (2023)

Exports from Italy () to El Salvador () (2023)

Latest Data

Trade between El Salvador () and Italy ()

El Salvador Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and El Salvador () (2023)

Comparative Advantage El Salvador - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of El Salvador () and Italy () (2023)

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