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Pricing

2022
Flag → Flag
Exports $81.7kRnk 102 / 145
2022
Flag → Flag
Top Product $53.4kElectrical Capacitors
2022
Flag → Flag
Exports $4.82MRnk 102 / 194
2022
Flag → Flag
Top Product $2.67MCinnamon
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 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$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

El Salvador-Sri Lanka Trade: In 2022, El Salvador exported $81.7k to Sri Lanka. The main products that El Salvador exported to Sri Lanka were Electrical Capacitors ($53.4k), Packaged Medicaments ($14.5k), and Electrical Resistors ($9.5k). Over the past 5 years the exports of El Salvador to Sri Lanka have decreased at an annualized rate of 35.7%, from $743k in 2017 to $81.7k in 2022.

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

Sri Lanka-El Salvador Trade: In 2022, Sri Lanka exported $4.82M to El Salvador. The main products that Sri Lanka exported to El Salvador were Cinnamon ($2.67M), Rubber Apparel ($519k), and Rubber Tires ($235k). Over the past 5 years the exports of Sri Lanka to El Salvador have increased at an annualized rate of 4.52%,  from $3.87M in 2017 to $4.82M in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $81.7k to Sri Lanka. The main products exported from El Salvador to Sri Lanka were Electrical Capacitors ($53.4k), Packaged Medicaments ($14.5k), and Electrical Resistors ($9.5k). During the last 5 years the exports of El Salvador to Sri Lanka have decreased at an annualized rate of 35.7%, from $743k in 2017 to $81.7k in 2022.

In 2017, Sri Lanka exported $4.82M to El Salvador. The main products exported from Sri Lanka to El Salvador were Cinnamon ($2.67M), Rubber Apparel ($519k), and Rubber Tires ($235k). During the last 5 years the exports of Sri Lanka to El Salvador have increased at an annualized rate of 4.52%, from $3.87M in 2022 to $4.82M in 2017.

Exports from El Salvador (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to El Salvador (Flag) (2022)

Latest Data

Trade between El Salvador (Flag) and Sri Lanka (Flag)

El Salvador Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.87B
Sri Lanka
Top DestinationUnited States$3.52B

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

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

In 2022, countries that imported more from Sri Lanka than El Salvador included India ($1.12B), United Kingdom ($1.04B), and Germany ($881M).

Difference in imports from Sri Lanka (Flag) and El Salvador (Flag) (2022)

Comparative Advantage El Salvador - Sri Lanka

Flow
Scale

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

During 2022, El Salvador had a large net trade with Sri Lanka in the exports of Machines ($62.9k), Chemical Products ($14.5k), and Plastics and Rubbers ($2.4k).

During 2017, Sri Lanka had a large net trade with El Salvador in the exports of Vegetable Products ($2.67M), Textiles ($1.1M), and Plastics and Rubbers ($816k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Sri Lanka+$69.4kPackaged Medicaments
Top Product Potential Sri Lanka El Salvador+$363kKnit T-shirts

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

Product Space of El Salvador (Flag) and Sri Lanka (Flag) (2022)

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