2022
Flag  
GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 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
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

El Salvador-Portugal Trade: In 2022, El Salvador exported $1.14M to Portugal. The main products that El Salvador exported to Portugal were Cotton Waste ($228k), Textile Scraps ($184k), and Prepared Cotton ($176k). Over the past 5 years the exports of El Salvador to Portugal have decreased at an annualized rate of 11.3%, from $2.08M in 2017 to $1.14M in 2022.

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

Portugal-El Salvador Trade: In 2022, Portugal exported $15.2M to El Salvador. The main products that Portugal exported to El Salvador were Light Pure Woven Cotton ($3.56M), Packaged Medicaments ($2.15M), and Uncoated Paper ($1.77M). Over the past 5 years the exports of Portugal to El Salvador have decreased at an annualized rate of 3.43%,  from $18.1M in 2017 to $15.2M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $1.14M to Portugal. The main products exported from El Salvador to Portugal were Cotton Waste ($228k), Textile Scraps ($184k), and Prepared Cotton ($176k). During the last 5 years the exports of El Salvador to Portugal have decreased at an annualized rate of 11.3%, from $2.08M in 2017 to $1.14M in 2022.

In 2017, Portugal exported $15.2M to El Salvador. The main products exported from Portugal to El Salvador were Light Pure Woven Cotton ($3.56M), Packaged Medicaments ($2.15M), and Uncoated Paper ($1.77M). During the last 5 years the exports of Portugal to El Salvador have decreased at an annualized rate of 3.43%, from $18.1M in 2022 to $15.2M in 2017.

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

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

Latest Data

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

El Salvador Exports

Portugal Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.87B
Portugal
Top Destination
Spain$20.5B

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

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

In 2022, countries that imported more from Portugal than El Salvador included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage El Salvador - Portugal

Flow
Scale

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

During 2022, El Salvador had a large net trade with Portugal in the exports of Textiles ($928k), Animal Products ($158k), and Vegetable Products ($25.9k).

During 2017, Portugal had a large net trade with El Salvador in the exports of Textiles ($4.36M), Machines ($3.33M), and Chemical Products ($2.67M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Portugal+$119kKnit Men's Shirts
Top Product Potential Portugal El Salvador+$1.51MPackaged Medicaments

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

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

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