2018
Exports
$768kWorld Rnk 86 / 126
Flag Rnk 290 / 944
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2018
Imports
$48MWorld Rnk 61 / 210
Flag Rnk 70 / 1153
2022
ECONOMIC COMPLEXITY of El Salvador
-0.029Rnk 68 / 133

About

Exports In 2018, El Salvador exported $768k in Hot-Rolled Iron Bars, making it the 86th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 290th most exported product in El Salvador. The main destination of Hot-Rolled Iron Bars exports from El Salvador are: Guatemala ($766k), Honduras ($2.08k), and Canada ($8).

The fastest growing export markets for Hot-Rolled Iron Bars of El Salvador between 2021 and 2022 were Guatemala ($634k), Honduras ($1.5k), and Canada ($8).

Imports In 2022, El Salvador imported $48M in Hot-Rolled Iron Bars, becoming the 61st largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 70th most imported product in El Salvador. El Salvador imports Hot-Rolled Iron Bars primarily from: Mexico ($24.5M), China ($16M), Russia ($7.33M), Indonesia ($218k), and France ($1.93k).

The fastest growing import markets in Hot-Rolled Iron Bars for El Salvador between 2021 and 2022 were Mexico ($20.2M), China ($4.05M), and Indonesia ($218k).

Latest Trends

Jul 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 Hot-Rolled Iron Bars. 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 (2022)$768k
IMPORTS (2022)$48M
NET TRADE (2022)-$47.2M

In 2022, El Salvador exported $768k in Hot-Rolled Iron Bars. The main destinations of El Salvador exports on Hot-Rolled Iron Bars were Guatemala ($766k), Honduras ($2.08k), and Canada ($8).

In 2022, El Salvador imported $48M in Hot-Rolled Iron Bars, mainly from Mexico ($24.5M), China ($16M), Russia ($7.33M), Indonesia ($218k), and France ($1.93k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR El Salvador WERE (2021 - 2022):
Guatemala$634k (482%)
Honduras$1.5k (257%)
Canada$8 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY El Salvador WERE (2021 - 2022):Costa Rica-$41.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, El Salvador's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, El Salvador's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $166k
TOP IMPORT POTENTIALIndonesia+ $296k

Hot-Rolled Iron Bars’s highest export potential is Guatemala. With an export gap of $166k.   Hot-Rolled Iron Bars’s highest import potential is Indonesia with an import gap of $296k.

See methodology.

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