2022
Flag  
GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC 
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

El Salvador-North Macedonia Trade: In 2022, El Salvador exported $163k to North Macedonia. The main products that El Salvador exported to North Macedonia were Electrical Capacitors ($137k), Knit T-shirts ($11.4k), and Knit Sweaters ($7.98k). Over the past 5 years the exports of El Salvador to North Macedonia have increased at an annualized rate of 95.1%, from $5.76k in 2017 to $163k in 2022.

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

North Macedonia-El Salvador Trade: In 2022, North Macedonia exported $177k to El Salvador. The main products that North Macedonia exported to El Salvador were Medical Instruments ($120k), Insulated Wire ($49.3k), and Precious Metal Compounds ($3.95k). Over the past 5 years the exports of North Macedonia to El Salvador have increased at an annualized rate of 73.9%,  from $11.1k in 2017 to $177k in 2022.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $163k to North Macedonia. The main products exported from El Salvador to North Macedonia were Electrical Capacitors ($137k), Knit T-shirts ($11.4k), and Knit Sweaters ($7.98k). During the last 5 years the exports of El Salvador to North Macedonia have increased at an annualized rate of 95.1%, from $5.76k in 2017 to $163k in 2022.

In 2017, North Macedonia exported $177k to El Salvador. The main products exported from North Macedonia to El Salvador were Medical Instruments ($120k), Insulated Wire ($49.3k), and Precious Metal Compounds ($3.95k). During the last 5 years the exports of North Macedonia to El Salvador have increased at an annualized rate of 73.9%, from $11.1k in 2022 to $177k in 2017.

Exports from El Salvador (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to El Salvador (Flag) (2022)

Latest Data

Trade between El Salvador (Flag) and North Macedonia (Flag)

El Salvador Exports

Date

North Macedonia Exports

Date

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.87B
North Macedonia
Top Destination
Germany$3.96B

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

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

In 2022, countries that imported more from North Macedonia than El Salvador included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia (Flag) and El Salvador (Flag) (2022)

Comparative Advantage El Salvador - North Macedonia

Flow
Scale

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

During 2022, El Salvador had a large net trade with North Macedonia in the exports of Machines ($137k), Textiles ($25.2k), and Vegetable Products ($560).

During 2017, North Macedonia had a large net trade with El Salvador in the exports of Instruments ($120k), Machines ($50.2k), and Chemical Products ($3.95k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador North Macedonia+$97.7kElectrical Capacitors
Top Product Potential North Macedonia El Salvador+$115kInsulated Wire

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

Product Space of El Salvador (Flag) and North Macedonia (Flag) (2022)

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