2023
Exports
$2.79MWorld Rnk 108 / 210
Flag Rnk 185 / 944
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$369MWorld Rnk 107 / 225
Flag Rnk 4 / 1143
2023
ECONOMIC COMPLEXITY of El Salvador
0.0012Rnk 63 / 132

About

Exports In 2023, El Salvador exported $2.79M in Cars, making it the 108th largest exporter of Cars in the world. At the same year, Cars was the 185th most exported product in El Salvador. The main destination of Cars exports from El Salvador are: United States ($751k), Honduras ($743k), Nicaragua ($463k), Guatemala ($257k), and Slovenia ($127k).

The fastest growing export markets for Cars of El Salvador between 2022 and 2023 were Honduras ($725k), Nicaragua ($463k), and United States ($363k).

Imports In 2023, El Salvador imported $369M in Cars, becoming the 107th largest importer of Cars in the world. At the same year, Cars was the 4th most imported product in El Salvador. El Salvador imports Cars primarily from: United States ($75.7M), Japan ($59M), South Korea ($57.3M), Mexico ($49.4M), and India ($20.4M).

The fastest growing import markets in Cars for El Salvador between 2022 and 2023 were South Korea ($10.4M), China ($10.2M), and Japan ($5.45M).

COMPANIES In 2024, leading companies such as Pirelli Tires (47) were at the forefront of shipping Cars from El Salvador to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.79M
IMPORTS (2023)$369M
NET TRADE (2023)-$366M

In 2023, El Salvador exported $2.79M in Cars. The main destinations of El Salvador exports on Cars were United States ($751k), Honduras ($743k), Nicaragua ($463k), Guatemala ($257k), and Slovenia ($127k).

In 2023, El Salvador imported $369M in Cars, mainly from United States ($75.7M), Japan ($59M), South Korea ($57.3M), Mexico ($49.4M), and India ($20.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR El Salvador WERE (2022 - 2023):
Honduras$725k (4.03k%)
Nicaragua$463k (1%)
United States$363k (93.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY El Salvador WERE (2022 - 2023):
Finland-$250k (-79.9%)
Colombia-$110k (-100%)
Panama-$101k (-76%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, El Salvador's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, El Salvador's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.34M
TOP IMPORT POTENTIALMexico+ $31.7M

Cars’s highest export potential is United States. With an export gap of $1.34M.   Cars’s highest import potential is Mexico with an import gap of $31.7M.

See methodology.

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