2022
Exports
$18.7MWorld Rnk 57 / 177
Flag Rnk 69 / 944
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.42Rnk 679 / 1025
2022
Imports
$42.7MWorld Rnk 78 / 219
Flag Rnk 82 / 1153
2022
ECONOMIC COMPLEXITY of El Salvador
-0.029Rnk 68 / 133

About

Exports In 2022, El Salvador exported $18.7M in Iron Blocks, making it the 57th largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 69th most exported product in El Salvador. The main destination of Iron Blocks exports from El Salvador are: Guatemala ($8.54M), Honduras ($5.43M), Nicaragua ($2.5M), Dominican Republic ($1.84M), and Belize ($225k).

The fastest growing export markets for Iron Blocks of El Salvador between 2021 and 2022 were Honduras ($1.19M), Dominican Republic ($695k), and Belize ($145k).

Imports In 2022, El Salvador imported $42.7M in Iron Blocks, becoming the 78th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 82nd most imported product in El Salvador. El Salvador imports Iron Blocks primarily from: Guatemala ($17M), China ($10.4M), Mexico ($4.97M), Honduras ($4.31M), and Costa Rica ($2.15M).

The fastest growing import markets in Iron Blocks for El Salvador between 2021 and 2022 were China ($8.66M), Mexico ($4.13M), and Guatemala ($2.08M).

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 Iron Blocks. 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)$18.7M
IMPORTS (2022)$42.7M
NET TRADE (2022)-$24M

In 2022, El Salvador exported $18.7M in Iron Blocks. The main destinations of El Salvador exports on Iron Blocks were Guatemala ($8.54M), Honduras ($5.43M), Nicaragua ($2.5M), Dominican Republic ($1.84M), and Belize ($225k).

In 2022, El Salvador imported $42.7M in Iron Blocks, mainly from Guatemala ($17M), China ($10.4M), Mexico ($4.97M), Honduras ($4.31M), and Costa Rica ($2.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR El Salvador WERE (2021 - 2022):
Honduras$1.19M (28.2%)
Dominican Republic$695k (60.5%)
Belize$145k (179%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY El Salvador WERE (2021 - 2022):Nicaragua-$778k (-23.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, El Salvador's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, El Salvador's main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCosta Rica+ $154k
TOP IMPORT POTENTIALChina+ $1.23M

Iron Blocks’s highest export potential is Costa Rica. With an export gap of $154k.   Iron Blocks’s highest import potential is China with an import gap of $1.23M.

See methodology.

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