2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 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

Italy-El Salvador Trade: In 2022, Italy exported $127M to El Salvador. The main products that Italy exported to El Salvador were Cars ($8.21M), Cellulose Fibers Paper ($5.7M), and Industrial Printers ($5.25M). Over the past 5 years the exports of Italy to El Salvador have increased at an annualized rate of 10.6%, from $76.7M in 2017 to $127M in 2022.

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

El Salvador-Italy Trade: In 2022, El Salvador exported $53.2M to Italy. The main products that El Salvador exported to Italy were Processed Fish ($31.7M), Coffee ($10.2M), and Raw Sugar ($3.32M). Over the past 5 years the exports of El Salvador to Italy have increased at an annualized rate of 10.1%,  from $32.8M in 2017 to $53.2M in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). 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, Italy exported $127M to El Salvador. The main products exported from Italy to El Salvador were Cars ($8.21M), Cellulose Fibers Paper ($5.7M), and Industrial Printers ($5.25M). During the last 5 years the exports of Italy to El Salvador have increased at an annualized rate of 10.6%, from $76.7M in 2017 to $127M in 2022.

In 2017, El Salvador exported $53.2M to Italy. The main products exported from El Salvador to Italy were Processed Fish ($31.7M), Coffee ($10.2M), and Raw Sugar ($3.32M). During the last 5 years the exports of El Salvador to Italy have increased at an annualized rate of 10.1%, from $32.8M in 2022 to $53.2M in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
El Salvador
Top Destination
United States$2.87B

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

In 2022, countries that imported more from Italy than El Salvador included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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

Comparative Advantage Italy - El Salvador

Flow
Scale

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

During 2022, Italy had a large net trade with El Salvador in the exports of Machines ($55.3M), Chemical Products ($16.9M), and Transportation ($9.18M).

During 2017, El Salvador had a large net trade with Italy in the exports of Foodstuffs ($35.2M), Vegetable Products ($10.3M), and Textiles ($6.74M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy El Salvador+$6.5MRefined Petroleum
Top Product Potential El Salvador Italy+$6.22MCoffee

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 Italy and El Salvador. This means that a dot/product with the flag of Italy 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 Italy.

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

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