2023
Flag
 GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC
$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH
50.5%CURRENT US$
Rnk 47 / 195

About

Chinese Taipei-El Salvador Trade: In 2023, Chinese Taipei exported $132M to El Salvador. The main products that Chinese Taipei exported to El Salvador were Polyacetals ($29.6M), Motor vehicles; parts and accessories (8701 to 8705) ($8.84M), and Broadcasting Equipment ($6.49M). Over the past 5 years the exports of Chinese Taipei to El Salvador have decreased at an annualized rate of 1.86%, from $145M in 2018 to $132M in 2023.

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

El Salvador-Chinese Taipei Trade: In 2023, El Salvador exported $14.2M to Chinese Taipei. The main products that El Salvador exported to Chinese Taipei were Raw Sugar ($5.99M), Electrical Capacitors ($3.33M), and Scrap Iron ($914k). Over the past 5 years the exports of El Salvador to Chinese Taipei have decreased at an annualized rate of 8.11%,  from $33.2M in 2018 to $14.2M in 2023.

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

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). That same year, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $132M to El Salvador. The main products exported from Chinese Taipei to El Salvador were Polyacetals ($29.6M), Motor vehicles; parts and accessories (8701 to 8705) ($8.84M), and Broadcasting Equipment ($6.49M). During the last 5 years the exports of Chinese Taipei to El Salvador have decreased at an annualized rate of 1.86%, from $145M in 2018 to $132M in 2023.

In 2018, El Salvador exported $14.2M to Chinese Taipei. The main products exported from El Salvador to Chinese Taipei were Raw Sugar ($5.99M), Electrical Capacitors ($3.33M), and Scrap Iron ($914k). During the last 5 years the exports of El Salvador to Chinese Taipei have decreased at an annualized rate of 8.11%, from $33.2M in 2023 to $14.2M in 2018.

Exports from Chinese Taipei (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
El Salvador
Top Destination
United States$2.41B

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

In 2023, countries that imported more from Chinese Taipei than El Salvador included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Difference in imports from El Salvador (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - El Salvador

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with El Salvador in the exports of Plastics and Rubbers ($47.7M), Machines ($41M), and Transportation ($10.3M).

During 2018, El Salvador had a large net trade with Chinese Taipei in the exports of Foodstuffs ($6.01M), Machines ($3.4M), and Textiles ($1.47M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Chinese Taipei and El Salvador. This means that a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over El Salvador. Similarly, a dot/product with the flag of El Salvador indicates it has a comparative advantage over Chinese Taipei.

Product Space of Chinese Taipei (Flag) and El Salvador (Flag) (2023)

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