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Pricing

2023
Flag → Flag
Exports $1.6MRnk 55 / 150
2023
Flag → Flag
Top Product $366kCoffee
2023
Flag → Flag
Exports $4.18MRnk 128 / 205
2023
Flag → Flag
Top Product $2.17MMixed Mineral or Chemical Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
 GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC $5,391CURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP PC GROWTH50.5%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195

About

El Salvador-Norway Trade: In 2023, El Salvador exported $1.6M to Norway. The main products that El Salvador exported to Norway were Coffee ($366k), Electrical Capacitors ($230k), and Medical Instruments ($128k). Over the past 5 years the exports of El Salvador to Norway have decreased at an annualized rate of 0.55%, from $1.65M in 2018 to $1.6M in 2023.

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

Norway-El Salvador Trade: In 2023, Norway exported $4.18M to El Salvador. The main products that Norway exported to El Salvador were Mixed Mineral or Chemical Fertilizers ($2.17M), Other Coloring Matter ($572k), and Nitrogenous Fertilizers ($465k). Over the past 5 years the exports of Norway to El Salvador have increased at an annualized rate of 14.5%,  from $2.12M in 2018 to $4.18M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, El Salvador exported $1.6M to Norway. The main products exported from El Salvador to Norway were Coffee ($366k), Electrical Capacitors ($230k), and Medical Instruments ($128k). During the last 5 years the exports of El Salvador to Norway have decreased at an annualized rate of 0.55%, from $1.65M in 2018 to $1.6M in 2023.

In 2018, Norway exported $4.18M to El Salvador. The main products exported from Norway to El Salvador were Mixed Mineral or Chemical Fertilizers ($2.17M), Other Coloring Matter ($572k), and Nitrogenous Fertilizers ($465k). During the last 5 years the exports of Norway to El Salvador have increased at an annualized rate of 14.5%, from $2.12M in 2023 to $4.18M in 2018.

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

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

Latest Data

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

El Salvador Exports

Norway Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.41B
Norway
Top DestinationGermany$33.8B

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 2023, countries that imported more from El Salvador than Norway included Guatemala ($1.15B), Honduras ($1.03B), and Nicaragua ($511M).

In 2023, countries that imported more from Norway than El Salvador included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

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 2023, El Salvador had a large net trade with Norway in the exports of Textiles ($510k), Vegetable Products ($378k), and Machines ($305k).

During 2018, Norway had a large net trade with El Salvador in the exports of Chemical Products ($3.78M), Foodstuffs ($259k), and Machines ($86.6k).

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) (2023)

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