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2023
Flag → Flag
Exports $613kRnk 69 / 150
2023
Flag → Flag
Top Product $269kTextile Scraps
2023
Flag → Flag
Exports $11.4MRnk 122 / 211
2023
Flag → Flag
Top Product $2.68MLight Pure Woven Cotton
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 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$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

El Salvador-Portugal Trade: In 2023, El Salvador exported $613k to Portugal. The main products that El Salvador exported to Portugal were Textile Scraps ($269k), Cotton Waste ($137k), and Raw Cotton ($68.4k). Over the past 5 years the exports of El Salvador to Portugal have decreased at an annualized rate of 18.5%, from $1.7M in 2018 to $613k in 2023.

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

Portugal-El Salvador Trade: In 2023, Portugal exported $11.4M to El Salvador. The main products that Portugal exported to El Salvador were Light Pure Woven Cotton ($2.68M), Packaged Medicaments ($2.38M), and Apples and Pears ($968k). Over the past 5 years the exports of Portugal to El Salvador have decreased at an annualized rate of 9.17%,  from $18.5M in 2018 to $11.4M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, El Salvador exported $613k to Portugal. The main products exported from El Salvador to Portugal were Textile Scraps ($269k), Cotton Waste ($137k), and Raw Cotton ($68.4k). During the last 5 years the exports of El Salvador to Portugal have decreased at an annualized rate of 18.5%, from $1.7M in 2018 to $613k in 2023.

In 2018, Portugal exported $11.4M to El Salvador. The main products exported from Portugal to El Salvador were Light Pure Woven Cotton ($2.68M), Packaged Medicaments ($2.38M), and Apples and Pears ($968k). During the last 5 years the exports of Portugal to El Salvador have decreased at an annualized rate of 9.17%, from $18.5M in 2023 to $11.4M in 2018.

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

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

Latest Data

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

El Salvador Exports

Portugal Exports

Market Competitiveness

Color
El Salvador
Top DestinationUnited States$2.41B
Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from Portugal than El Salvador included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

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 2023, El Salvador had a large net trade with Portugal in the exports of Textiles ($602k), Machines ($5.94k), and Footwear and Headwear ($3.54k).

During 2018, Portugal had a large net trade with El Salvador in the exports of Textiles ($3.63M), Chemical Products ($2.51M), and Machines ($1.65M).

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) (2023)

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