2022
Exports
$151MWorld Rnk 93 / 214
Flag Rnk 10 / 944
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$1.87BWorld Rnk 87 / 225
Flag Rnk 1 / 1153
2022
ECONOMIC COMPLEXITY of El Salvador
-0.029Rnk 68 / 133

About

Exports In 2022, El Salvador exported $151M in Refined Petroleum, making it the 93rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 10th most exported product in El Salvador. The main destination of Refined Petroleum exports from El Salvador are: United States ($29.4M), Guatemala ($23.8M), Panama ($17M), Spain ($14.8M), and Honduras ($14M).

The fastest growing export markets for Refined Petroleum of El Salvador between 2021 and 2022 were Panama ($9.98M), United States ($9.67M), and Spain ($6.85M).

Imports In 2022, El Salvador imported $1.87B in Refined Petroleum, becoming the 87th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in El Salvador. El Salvador imports Refined Petroleum primarily from: United States ($1.76B), Estonia ($26.9M), Guatemala ($17.2M), Singapore ($10.1M), and Mexico ($9.86M).

The fastest growing import markets in Refined Petroleum for El Salvador between 2021 and 2022 were United States ($734M), Estonia ($26.6M), and Guatemala ($9.57M).

Latest Trends

Sep 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 Refined Petroleum. 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)$151M
IMPORTS (2022)$1.87B
NET TRADE (2022)-$1.72B

In 2022, El Salvador exported $151M in Refined Petroleum. The main destinations of El Salvador exports on Refined Petroleum were United States ($29.4M), Guatemala ($23.8M), Panama ($17M), Spain ($14.8M), and Honduras ($14M).

In 2022, El Salvador imported $1.87B in Refined Petroleum, mainly from United States ($1.76B), Estonia ($26.9M), Guatemala ($17.2M), Singapore ($10.1M), and Mexico ($9.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR El Salvador WERE (2021 - 2022):
Panama$9.98M (142%)
United States$9.67M (49.1%)
Spain$6.85M (86.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY El Salvador WERE (2021 - 2022):
Haiti-$205k (-6.67%)
Mozambique-$198k (-100%)
United Kingdom-$146k (-86.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, El Salvador's main exporting competitors in Refined Petroleum were:
In 2022, El Salvador's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $36.7M
TOP IMPORT POTENTIALMexico+ $14.2M

Refined Petroleum’s highest export potential is United States. With an export gap of $36.7M.   Refined Petroleum’s highest import potential is Mexico with an import gap of $14.2M.

See methodology.

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