2023
Flag  
GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
 GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC 
$5,391CURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP PC GROWTH
50.5%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC
$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195

About

El Salvador-Morocco Trade: In 2023, El Salvador exported $462k to Morocco. The main products that El Salvador exported to Morocco were Non-fillet Frozen Fish ($187k), Insect Resins ($132k), and Labels ($46.5k). Over the past 5 years the exports of El Salvador to Morocco have decreased at an annualized rate of 11.3%, from $841k in 2018 to $462k in 2023.

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

Morocco-El Salvador Trade: In 2023, Morocco exported $13.5M to El Salvador. The main products that Morocco exported to El Salvador were Mixed Mineral or Chemical Fertilizers ($10.1M), Non-Knit Women's Suits ($778k), and Phosphoric Acid ($603k). Over the past 5 years the exports of Morocco to El Salvador have increased at an annualized rate of 10.1%,  from $4.25M in 2018 to $13.5M in 2023.

In 2023, Morocco 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, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, El Salvador exported $462k to Morocco. The main products exported from El Salvador to Morocco were Non-fillet Frozen Fish ($187k), Insect Resins ($132k), and Labels ($46.5k). During the last 5 years the exports of El Salvador to Morocco have decreased at an annualized rate of 11.3%, from $841k in 2018 to $462k in 2023.

In 2018, Morocco exported $13.5M to El Salvador. The main products exported from Morocco to El Salvador were Mixed Mineral or Chemical Fertilizers ($10.1M), Non-Knit Women's Suits ($778k), and Phosphoric Acid ($603k). During the last 5 years the exports of Morocco to El Salvador have increased at an annualized rate of 10.1%, from $4.25M in 2023 to $13.5M in 2018.

Exports from El Salvador (Flag) to Morocco (Flag) (2023)

Exports from Morocco (Flag) to El Salvador (Flag) (2023)

Latest Data

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

El Salvador Exports

Morocco Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.41B
Morocco
Top Destination
Spain$9.8B

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

In 2023, countries that imported more from El Salvador than Morocco included Guatemala ($1.15B), Honduras ($1.03B), and United States ($2.41B).

In 2023, countries that imported more from Morocco than El Salvador included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

Difference in imports from Morocco (Flag) and El Salvador (Flag) (2023)

Comparative Advantage El Salvador - Morocco

Flow
Scale

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

During 2023, El Salvador had a large net trade with Morocco in the exports of Animal Products ($187k), Vegetable Products ($135k), and Textiles ($59.8k).

During 2018, Morocco had a large net trade with El Salvador in the exports of Chemical Products ($10.7M), Textiles ($2.14M), and Foodstuffs ($606k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Morocco+$184kPackaged Medicaments
Top Product Potential Morocco El Salvador+$743kNon-Knit Women's Suits

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

Product Space of El Salvador (Flag) and Morocco (Flag) (2023)

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