2023
Exports
$1.61kWorld Rnk 105 / 122
Flag Rnk 844 / 944
2023
PRODUCT COMPLEXITY IN Steel Wire
1.13Rnk 131 / 1025
2023
Imports
$1.32MWorld Rnk 84 / 200
Flag Rnk 603 / 1143
2023
ECONOMIC COMPLEXITY of El Salvador
0.0012Rnk 63 / 132

About

Exports In 2023, El Salvador exported $1.61k in Steel Wire, making it the 105th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 844th most exported product in El Salvador. The main destination of Steel Wire exports from El Salvador are: Guatemala ($1.23k), Costa Rica ($233), Czechia ($99), and Honduras ($52).

The fastest growing export markets for Steel Wire of El Salvador between 2022 and 2023 were Guatemala ($163) and Czechia ($99).

Imports In 2023, El Salvador imported $1.32M in Steel Wire, becoming the 84th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 603rd most imported product in El Salvador. El Salvador imports Steel Wire primarily from: China ($454k), Guatemala ($307k), United States ($304k), Mexico ($109k), and Costa Rica ($52.2k).

The fastest growing import markets in Steel Wire for El Salvador between 2022 and 2023 were Guatemala ($111k), Mexico ($68.6k), and Colombia ($23.6k).

COMPANIES In 2024, leading companies such as Valbruna Stainless (1) were at the forefront of shipping Steel Wire from El Salvador to the United States.

Latest Trends

Dec 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 Steel Wire. 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)$1.61k
IMPORTS (2023)$1.32M
NET TRADE (2023)-$1.31M

In 2023, El Salvador exported $1.61k in Steel Wire. The main destinations of El Salvador exports on Steel Wire were Guatemala ($1.23k), Costa Rica ($233), Czechia ($99), and Honduras ($52).

In 2023, El Salvador imported $1.32M in Steel Wire, mainly from China ($454k), Guatemala ($307k), United States ($304k), Mexico ($109k), and Costa Rica ($52.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR El Salvador WERE (2022 - 2023):
Guatemala$163 (15.3%)
Czechia$99 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY El Salvador WERE (2022 - 2023):
Honduras-$823 (-94.1%)
Costa Rica-$38 (-14%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, El Salvador's main exporting competitors in Steel Wire were:
In 2023, El Salvador's main importing competitors in Steel Wire were:

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Trade Value of Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $1.17k
TOP IMPORT POTENTIALChina+ $110k

Steel Wire’s highest export potential is Guatemala. With an export gap of $1.17k.   Steel Wire’s highest import potential is China with an import gap of $110k.

See methodology.

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