2022
Exports
$2.21kWorld Rnk 96 / 123
Flag Rnk 840 / 944
2022
PRODUCT COMPLEXITY IN Steel Wire
0.96Rnk 189 / 1025
2022
Imports
$1.48MWorld Rnk 84 / 193
Flag Rnk 610 / 1153
2022
ECONOMIC COMPLEXITY of El Salvador
-0.029Rnk 68 / 133

About

Exports In 2022, El Salvador exported $2.21k in Steel Wire, making it the 96th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 840th most exported product in El Salvador. The main destination of Steel Wire exports from El Salvador are: Guatemala ($1.07k), Honduras ($875), and Costa Rica ($271).

The fastest growing export markets for Steel Wire of El Salvador between 2021 and 2022 were Honduras ($861) and Guatemala ($590).

Imports In 2022, El Salvador imported $1.48M in Steel Wire, becoming the 84th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 610th most imported product in El Salvador. El Salvador imports Steel Wire primarily from: China ($569k), Guatemala ($407k), Costa Rica ($271k), Belgium ($57.4k), and Mexico ($37.5k).

The fastest growing import markets in Steel Wire for El Salvador between 2021 and 2022 were Costa Rica ($241k), Guatemala ($176k), and Belgium ($57.4k).

Latest Trends

Oct 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 (2022)$2.21k
IMPORTS (2022)$1.48M
NET TRADE (2022)-$1.48M

In 2022, El Salvador exported $2.21k in Steel Wire. The main destinations of El Salvador exports on Steel Wire were Guatemala ($1.07k), Honduras ($875), and Costa Rica ($271).

In 2022, El Salvador imported $1.48M in Steel Wire, mainly from China ($569k), Guatemala ($407k), Costa Rica ($271k), Belgium ($57.4k), and Mexico ($37.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR El Salvador WERE (2021 - 2022):
Honduras$861 (6.15k%)
Guatemala$590 (124%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY El Salvador WERE (2021 - 2022):
Colombia-$54.8k (-100%)
Costa Rica-$339 (-55.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, El Salvador's main exporting competitors in Steel Wire were:
In 2022, 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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