2023
Flag  
GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
 GDP
$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH
33%CURRENT US$
Rnk 108 / 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
$7,907CURRENT US$
Rnk 97 / 196
2013-2023
Flag
GDP PC GROWTH
17.2%CURRENT US$
Rnk 111 / 195

About

El Salvador-Peru Trade: In 2023, El Salvador exported $21.8M to Peru. The main products that El Salvador exported to Peru were Raw Sugar ($14.3M), Refined Petroleum ($4M), and Knit T-shirts ($626k). Over the past 5 years the exports of El Salvador to Peru have increased at an annualized rate of 27.3%, from $6.52M in 2018 to $21.8M in 2023.

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

Peru-El Salvador Trade: In 2023, Peru exported $65.8M to El Salvador. The main products that Peru exported to El Salvador were Grapes ($9.13M), Petroleum Gas ($7.21M), and Raw Plastic Sheeting ($6.07M). Over the past 5 years the exports of Peru to El Salvador have increased at an annualized rate of 10.4%,  from $40.2M in 2018 to $65.8M in 2023.

In 2023, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, El Salvador exported $21.8M to Peru. The main products exported from El Salvador to Peru were Raw Sugar ($14.3M), Refined Petroleum ($4M), and Knit T-shirts ($626k). During the last 5 years the exports of El Salvador to Peru have increased at an annualized rate of 27.3%, from $6.52M in 2018 to $21.8M in 2023.

In 2018, Peru exported $65.8M to El Salvador. The main products exported from Peru to El Salvador were Grapes ($9.13M), Petroleum Gas ($7.21M), and Raw Plastic Sheeting ($6.07M). During the last 5 years the exports of Peru to El Salvador have increased at an annualized rate of 10.4%, from $40.2M in 2023 to $65.8M in 2018.

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

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

Latest Data

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

El Salvador Exports

Peru Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.41B
Peru
Top Destination
China$22.5B

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

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

In 2023, countries that imported more from Peru than El Salvador included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

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

Comparative Advantage El Salvador - Peru

Flow
Scale

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

During 2023, El Salvador had a large net trade with Peru in the exports of Foodstuffs ($14.4M), Mineral Products ($4M), and Textiles ($1.3M).

During 2018, Peru had a large net trade with El Salvador in the exports of Vegetable Products ($12.4M), Plastics and Rubbers ($11.3M), and Chemical Products ($11.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Peru+$6.12MRefined Petroleum
Top Product Potential Peru El Salvador+$2.45MRefined Petroleum

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

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

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