2023
Exports
$8.08MWorld Rnk 122 / 207
Flag Rnk 108 / 944
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2023
Imports
$304kWorld Rnk 105 / 177
Flag Rnk 825 / 1143
2023
ECONOMIC COMPLEXITY of El Salvador
0.0012Rnk 63 / 132

About

Exports In 2023, El Salvador exported $8.08M in Scrap Iron, making it the 122nd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 108th most exported product in El Salvador. The main destination of Scrap Iron exports from El Salvador are: Guatemala ($3.95M), Chinese Taipei ($914k), United States ($848k), Netherlands ($763k), and South Korea ($726k).

The fastest growing export markets for Scrap Iron of El Salvador between 2022 and 2023 were Guatemala ($1.62M), United States ($517k), and South Korea ($480k).

Imports In 2023, El Salvador imported $304k in Scrap Iron, becoming the 105th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 825th most imported product in El Salvador. El Salvador imports Scrap Iron primarily from: Honduras ($253k), United States ($21.9k), Trinidad and Tobago ($15k), Guatemala ($8.35k), and Colombia ($3.92k).

The fastest growing import markets in Scrap Iron for El Salvador between 2022 and 2023 were China ($531), Japan ($390), and Nicaragua ($228).

Latest Trends

Jan 2025

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 Scrap Iron. 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)$8.08M
IMPORTS (2023)$304k
NET TRADE (2023)$7.78M

In 2023, El Salvador exported $8.08M in Scrap Iron. The main destinations of El Salvador exports on Scrap Iron were Guatemala ($3.95M), Chinese Taipei ($914k), United States ($848k), Netherlands ($763k), and South Korea ($726k).

In 2023, El Salvador imported $304k in Scrap Iron, mainly from Honduras ($253k), United States ($21.9k), Trinidad and Tobago ($15k), Guatemala ($8.35k), and Colombia ($3.92k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR El Salvador WERE (2022 - 2023):
Guatemala$1.62M (69.3%)
United States$517k (156%)
South Korea$480k (196%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY El Salvador WERE (2022 - 2023):
Chinese Taipei-$1.41M (-60.6%)
Thailand-$421k (-43.5%)
Nicaragua-$1.44k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, El Salvador's main exporting competitors in Scrap Iron were:
In 2023, El Salvador's main importing competitors in Scrap Iron were:
Turkey $7.59B
India $6.63B
Italy $2.59B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $695k
TOP IMPORT POTENTIALUnited States+ $110k

Scrap Iron’s highest export potential is United States. With an export gap of $695k.   Scrap Iron’s highest import potential is United States with an import gap of $110k.

See methodology.

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