2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186

About

Canada-El Salvador Trade: In 2022, Canada exported $126M to El Salvador. The main products that Canada exported to El Salvador were Wheat ($62.1M), Inedible Fats and Oils ($6.69M), and Packaged Medicaments ($6.56M). Over the past 5 years the exports of Canada to El Salvador have increased at an annualized rate of 14.8%, from $63.2M in 2017 to $126M in 2022.

In 2020, Canada exported services to El Salvador worth $9.69M, with Travel ($9.69M) being the largest in terms of value.

El Salvador-Canada Trade: In 2022, El Salvador exported $92.1M to Canada. The main products that El Salvador exported to Canada were Raw Sugar ($39.3M), Knit Sweaters ($8.11M), and Knit T-shirts ($5.46M). Over the past 5 years the exports of El Salvador to Canada have increased at an annualized rate of 10.1%,  from $56.9M in 2017 to $92.1M in 2022.

In 2022, El Salvador did not export any services to Canada.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $126M to El Salvador. The main products exported from Canada to El Salvador were Wheat ($62.1M), Inedible Fats and Oils ($6.69M), and Packaged Medicaments ($6.56M). During the last 5 years the exports of Canada to El Salvador have increased at an annualized rate of 14.8%, from $63.2M in 2017 to $126M in 2022.

In 2017, El Salvador exported $92.1M to Canada. The main products exported from El Salvador to Canada were Raw Sugar ($39.3M), Knit Sweaters ($8.11M), and Knit T-shirts ($5.46M). During the last 5 years the exports of El Salvador to Canada have increased at an annualized rate of 10.1%, from $56.9M in 2022 to $92.1M in 2017.

Exports from Canada (Flag) to El Salvador (Flag) (2022)

Exports from El Salvador (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
El Salvador
Top Destination
United States$2.87B

This map shows whether countries import more from Canada or El Salvador. Each country is colored based on the difference in imports they receive from Canada and El Salvador or the difference in the growth in imports.

In 2022, countries that imported more from Canada than El Salvador included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from El Salvador than Canada included Honduras ($1.18B), Guatemala ($1.21B), and Nicaragua ($497M).

Difference in imports from El Salvador (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - El Salvador

Flow
Scale

This chart compares trade between Canada and El Salvador by product, considering products traded by both, Canada and El Salvador.

During 2022, Canada had a large net trade with El Salvador in the exports of Vegetable Products ($63.8M), Chemical Products ($11.5M), and Machines ($9.29M).

During 2017, El Salvador had a large net trade with Canada in the exports of Foodstuffs ($39.9M), Textiles ($33.7M), and Vegetable Products ($7.39M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada El Salvador+$5.52MPackaged Medicaments
Top Product Potential El Salvador Canada+$9.28MKnit Sweaters

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and El Salvador. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over El Salvador. Similarly, a dot/product with the flag of El Salvador indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and El Salvador (Flag) (2022)

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