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2023
Flag → Flag
Exports $174MRnk 70 / 142
2023
Flag → Flag
Top Product $87.4MBroadcasting Equipment
2023
Flag → Flag
Exports $418kRnk 76 / 150
2023
Flag → Flag
Top Product $142kEthylene Polymers
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag  
GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC $4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH50.5%CURRENT US$
Rnk 47 / 195

About

Vietnam-El Salvador Trade: In 2023, Vietnam exported $174M to El Salvador. The main products that Vietnam exported to El Salvador were Broadcasting Equipment ($87.4M), Cement ($34M), and Textile Footwear ($5M). Over the past 5 years the exports of Vietnam to El Salvador have increased at an annualized rate of 26.5%, from $53.8M in 2018 to $174M in 2023.

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

El Salvador-Vietnam Trade: In 2023, El Salvador exported $418k to Vietnam. The main products that El Salvador exported to Vietnam were Ethylene Polymers ($142k), Pile Fabric ($112k), and Recovered Paper ($83.6k). Over the past 5 years the exports of El Salvador to Vietnam have decreased at an annualized rate of 49.3%,  from $12.4M in 2018 to $418k in 2023.

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

Comparison: In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). 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, Vietnam exported $174M to El Salvador. The main products exported from Vietnam to El Salvador were Broadcasting Equipment ($87.4M), Cement ($34M), and Textile Footwear ($5M). During the last 5 years the exports of Vietnam to El Salvador have increased at an annualized rate of 26.5%, from $53.8M in 2018 to $174M in 2023.

In 2018, El Salvador exported $418k to Vietnam. The main products exported from El Salvador to Vietnam were Ethylene Polymers ($142k), Pile Fabric ($112k), and Recovered Paper ($83.6k). During the last 5 years the exports of El Salvador to Vietnam have decreased at an annualized rate of 49.3%, from $12.4M in 2023 to $418k in 2018.

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

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

Latest Data

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

El Salvador Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
El Salvador
Top DestinationUnited States$2.41B

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

In 2023, countries that imported more from Vietnam than El Salvador included United States ($118B), China ($85.7B), and Japan ($25.1B).

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

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

Comparative Advantage Vietnam - El Salvador

Flow
Scale

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

During 2023, Vietnam had a large net trade with El Salvador in the exports of Machines ($111M), Mineral Products ($34M), and Textiles ($10.3M).

During 2018, El Salvador had a large net trade with Vietnam in the exports of Plastics and Rubbers ($152k), Textiles ($119k), and Paper Goods ($95.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam El Salvador+$18.3MTelephones
Top Product Potential El Salvador Vietnam+$668kPackaged 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 Vietnam and El Salvador. This means that a dot/product with the flag of Vietnam 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 Vietnam.

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

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