2023
Flag  
GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
 GDP
$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 122 / 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
$22,798CURRENT US$
Rnk 54 / 196
2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
Rnk 90 / 195

About

El Salvador-Uruguay Trade: In 2023, El Salvador exported $416k to Uruguay. The main products that El Salvador exported to Uruguay were Refined Petroleum ($166k), Knit T-shirts ($97.4k), and Knit Sweaters ($29.8k). Over the past 5 years the exports of El Salvador to Uruguay have increased at an annualized rate of 9.89%, from $260k in 2018 to $416k in 2023.

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

Uruguay-El Salvador Trade: In 2023, Uruguay exported $71.4M to El Salvador. The main products that Uruguay exported to El Salvador were Other Edible Preparations ($37M), Scented Mixtures ($25.2M), and Carboxylic Acids ($2.76M). Over the past 5 years the exports of Uruguay to El Salvador have increased at an annualized rate of 17.6%,  from $31.8M in 2018 to $71.4M in 2023.

In 2023, Uruguay 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, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, El Salvador exported $416k to Uruguay. The main products exported from El Salvador to Uruguay were Refined Petroleum ($166k), Knit T-shirts ($97.4k), and Knit Sweaters ($29.8k). During the last 5 years the exports of El Salvador to Uruguay have increased at an annualized rate of 9.89%, from $260k in 2018 to $416k in 2023.

In 2018, Uruguay exported $71.4M to El Salvador. The main products exported from Uruguay to El Salvador were Other Edible Preparations ($37M), Scented Mixtures ($25.2M), and Carboxylic Acids ($2.76M). During the last 5 years the exports of Uruguay to El Salvador have increased at an annualized rate of 17.6%, from $31.8M in 2023 to $71.4M in 2018.

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

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

Latest Data

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

El Salvador Exports

Uruguay Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.41B
Uruguay
Top Destination
China$2.34B

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

In 2023, countries that imported more from El Salvador than Uruguay included United States ($2.41B), Guatemala ($1.15B), and Honduras ($1.03B).

In 2023, countries that imported more from Uruguay than El Salvador included China ($2.34B), Brazil ($1.92B), and Argentina ($569M).

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

Comparative Advantage El Salvador - Uruguay

Flow
Scale

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

During 2023, El Salvador had a large net trade with Uruguay in the exports of Mineral Products ($166k), Textiles ($156k), and Plastics and Rubbers ($24.5k).

During 2018, Uruguay had a large net trade with El Salvador in the exports of Foodstuffs ($37.1M), Chemical Products ($31.9M), and Animal and Vegetable Bi-Products ($1.28M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential El Salvador Uruguay+$243kRefined Petroleum
Top Product Potential Uruguay El Salvador+$497kPackaged 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 Uruguay. This means that a dot/product with the flag of El Salvador indicates it has a comparative advantage over Uruguay. Similarly, a dot/product with the flag of Uruguay indicates it has a comparative advantage over El Salvador.

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

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