2022
Exports
$848MWorld Rnk 20 / 226
Flag Rnk 1 / 944
2022
PRODUCT COMPLEXITY IN Knit T-shirts
-1.34Rnk 921 / 1025
2022
Imports
$280MWorld Rnk 38 / 223
Flag Rnk 7 / 1153
2022
ECONOMIC COMPLEXITY of El Salvador
-0.029Rnk 68 / 133

About

Exports In 2022, El Salvador exported $848M in Knit T-shirts, making it the 20th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 1st most exported product in El Salvador. The main destination of Knit T-shirts exports from El Salvador are: United States ($661M), Honduras ($100M), Mexico ($46M), Netherlands ($8.62M), and Canada ($5.46M).

The fastest growing export markets for Knit T-shirts of El Salvador between 2021 and 2022 were United States ($56.5M), Mexico ($22.1M), and Honduras ($18.2M).

Imports In 2022, El Salvador imported $280M in Knit T-shirts, becoming the 38th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 7th most imported product in El Salvador. El Salvador imports Knit T-shirts primarily from: Honduras ($249M), United States ($9.5M), India ($4.28M), China ($3.93M), and Guatemala ($3.22M).

The fastest growing import markets in Knit T-shirts for El Salvador between 2021 and 2022 were Honduras ($133M), United States ($6.88M), and Guatemala ($655k).

COMPANIES In 2023, leading companies such as Adidas (15) and Nike (3) were at the forefront of shipping Knit T-shirts from El Salvador to the United States.

Latest Trends

Sep 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 Knit T-shirts. 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)$848M
IMPORTS (2022)$280M
NET TRADE (2022)$568M

In 2022, El Salvador exported $848M in Knit T-shirts. The main destinations of El Salvador exports on Knit T-shirts were United States ($661M), Honduras ($100M), Mexico ($46M), Netherlands ($8.62M), and Canada ($5.46M).

In 2022, El Salvador imported $280M in Knit T-shirts, mainly from Honduras ($249M), United States ($9.5M), India ($4.28M), China ($3.93M), and Guatemala ($3.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR El Salvador WERE (2021 - 2022):
United States$56.5M (9.34%)
Mexico$22.1M (92.2%)
Honduras$18.2M (22.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY El Salvador WERE (2021 - 2022):
Nicaragua-$5.03M (-52.3%)
El Salvador-$748k (-44.7%)
Russia-$631k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, El Salvador's main exporting competitors in Knit T-shirts were:
In 2022, El Salvador's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $18.5M
TOP IMPORT POTENTIALChina+ $4.8M

Knit T-shirts’s highest export potential is Mexico. With an export gap of $18.5M.   Knit T-shirts’s highest import potential is China with an import gap of $4.8M.

See methodology.

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