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Pricing

2022
Flag → Flag
Exports $1.9MRnk 53 / 145
2022
Flag → Flag
Top Product $280kElectrical Capacitors
2022
Flag → Flag
Exports $4.2MRnk 127 / 209
2022
Flag → Flag
Top Product $1.89MMixed Mineral or Chemical Fertilizers
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 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$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

El Salvador-Norway Trade: In 2022, El Salvador exported $1.9M to Norway. The main products that El Salvador exported to Norway were Electrical Capacitors ($280k), Coffee ($269k), and Knit Sweaters ($268k). Over the past 5 years the exports of El Salvador to Norway have decreased at an annualized rate of 24.7%, from $7.83M in 2017 to $1.9M in 2022.

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

Norway-El Salvador Trade: In 2022, Norway exported $4.2M to El Salvador. The main products that Norway exported to El Salvador were Mixed Mineral or Chemical Fertilizers ($1.89M), Other Coloring Matter ($1.29M), and Nitrogenous Fertilizers ($271k). Over the past 5 years the exports of Norway to El Salvador have increased at an annualized rate of 19.7%,  from $1.19M in 2017 to $4.2M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $1.9M to Norway. The main products exported from El Salvador to Norway were Electrical Capacitors ($280k), Coffee ($269k), and Knit Sweaters ($268k). During the last 5 years the exports of El Salvador to Norway have decreased at an annualized rate of 24.7%, from $7.83M in 2017 to $1.9M in 2022.

In 2017, Norway exported $4.2M to El Salvador. The main products exported from Norway to El Salvador were Mixed Mineral or Chemical Fertilizers ($1.89M), Other Coloring Matter ($1.29M), and Nitrogenous Fertilizers ($271k). During the last 5 years the exports of Norway to El Salvador have increased at an annualized rate of 19.7%, from $1.19M in 2022 to $4.2M in 2017.

Exports from El Salvador (Flag) to Norway (Flag) (2022)

Exports from Norway (Flag) to El Salvador (Flag) (2022)

Latest Data

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

El Salvador Exports

Norway Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.87B
Norway
Top DestinationGermany$78.1B

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

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

In 2022, countries that imported more from Norway than El Salvador included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway (Flag) and El Salvador (Flag) (2022)

Comparative Advantage El Salvador - Norway

Flow
Scale

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

During 2022, El Salvador had a large net trade with Norway in the exports of Textiles ($536k), Machines ($478k), and Vegetable Products ($294k).

During 2017, Norway had a large net trade with El Salvador in the exports of Chemical Products ($3.73M), Foodstuffs ($233k), and Machines ($151k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Norway+$646kKnit Sweaters
Top Product Potential Norway El Salvador+$543kMixed Mineral or Chemical Fertilizers

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

Product Space of El Salvador (Flag) and Norway (Flag) (2022)

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