El Salvador (SLV) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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El Salvador-Mexico Trade: In 2023, El Salvador exported $259M to Mexico. The main products that El Salvador exported to Mexico were Insulated Wire ($69.1M), Knit T-shirts ($56.3M), and Raw Plastic Sheeting ($20.7M). Over the past 5 years the exports of El Salvador to Mexico have increased at an annualized rate of 9.68%, from $163M in 2018 to $259M in 2023.

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

Mexico-El Salvador Trade: In 2023, Mexico exported $1.27B to El Salvador. The main products that Mexico exported to El Salvador were Packaged Medicaments ($59.9M), Cars ($49.4M), and Delivery Trucks ($48.8M). Over the past 5 years the exports of Mexico to El Salvador have increased at an annualized rate of 1.27%, from $952M in 2018 to $1.27B in 2023.

In 2023, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, El Salvador exported $259M to Mexico. The main products exported from El Salvador to Mexico were Insulated Wire ($69.1M), Knit T-shirts ($56.3M), and Raw Plastic Sheeting ($20.7M). During the last 5 years the exports of El Salvador to Mexico have increased at an annualized rate of 9.68%, from $163M in 2018 to $259M in 2023.

In 2018, Mexico exported $1.27B to El Salvador. The main products exported from Mexico to El Salvador were Packaged Medicaments ($59.9M), Cars ($49.4M), and Delivery Trucks ($48.8M). During the last 5 years the exports of Mexico to El Salvador have increased at an annualized rate of 1.27%, from $952M in 2023 to $1.27B in 2018.

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

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

Latest Data

Trade between El Salvador () and Mexico ()

El Salvador Exports

Date

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

El Salvador
Top DestinationUnited States$2.41B

Mexico
Top DestinationUnited States$456B

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

In 2023, countries that imported more from El Salvador than Mexico included Haiti ($16.3M), Trinidad and Tobago ($8.8M), and Saint Lucia ($784k).

In 2023, countries that imported more from Mexico than El Salvador included United States ($456B), Canada ($33B), and China ($15B).

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

Comparative Advantage El Salvador - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, El Salvador had a large net trade with Mexico in the exports of Textiles ($86.5M), Machines ($79.6M), and Plastics and Rubbers ($33.5M).

During 2018, Mexico had a large net trade with El Salvador in the exports of Machines ($254M), Chemical Products ($248M), and Foodstuffs ($196M).

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 Mexico+$20MInsulated Wire

Top Product Potential Mexico El Salvador+$31.7MCars

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between El Salvador () and Mexico ()

El Salvador Exports

Mexico Exports

Market Competitiveness

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

Comparative Advantage El Salvador - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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