2022
Exports
$6.23MWorld Rnk 129 / 212
Flag Rnk 126 / 944
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$724kWorld Rnk 99 / 187
Flag Rnk 731 / 1153
2022
ECONOMIC COMPLEXITY of El Salvador
-0.029Rnk 68 / 133

About

Exports In 2022, El Salvador exported $6.23M in Scrap Iron, making it the 129th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 126th most exported product in El Salvador. The main destination of Scrap Iron exports from El Salvador are: Guatemala ($2.22M), Chinese Taipei ($2.2M), Thailand ($785k), United States ($349k), and Netherlands ($313k).

The fastest growing export markets for Scrap Iron of El Salvador between 2021 and 2022 were United States ($82.4k), Honduras ($16.4k), and Nicaragua ($1.36k).

Imports In 2022, El Salvador imported $724k in Scrap Iron, becoming the 99th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 731st most imported product in El Salvador. El Salvador imports Scrap Iron primarily from: Honduras ($587k), Trinidad and Tobago ($48.2k), United States ($46.8k), Thailand ($12.9k), and Guatemala ($11k).

The fastest growing import markets in Scrap Iron for El Salvador between 2021 and 2022 were Honduras ($289k), Trinidad and Tobago ($48.2k), and United States ($42.7k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 (2022)$6.23M
IMPORTS (2022)$724k
NET TRADE (2022)$5.51M

In 2022, El Salvador exported $6.23M in Scrap Iron. The main destinations of El Salvador exports on Scrap Iron were Guatemala ($2.22M), Chinese Taipei ($2.2M), Thailand ($785k), United States ($349k), and Netherlands ($313k).

In 2022, El Salvador imported $724k in Scrap Iron, mainly from Honduras ($587k), Trinidad and Tobago ($48.2k), United States ($46.8k), Thailand ($12.9k), and Guatemala ($11k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR El Salvador WERE (2021 - 2022):
United States$82.4k (30.9%)
Honduras$16.4k (96.1%)
Nicaragua$1.36k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY El Salvador WERE (2021 - 2022):
Thailand-$2.21M (-73.8%)
Chinese Taipei-$1.73M (-44%)
Guatemala-$559k (-20.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, El Salvador's main exporting competitors in Scrap Iron were:
In 2022, El Salvador's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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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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