2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 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 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 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

Sweden-El Salvador Trade: In 2022, Sweden exported $29.2M to El Salvador. The main products that Sweden exported to El Salvador were Packaged Medicaments ($4.79M), Papermaking Machines ($4.59M), and Kraft Paper ($3.81M). Over the past 5 years the exports of Sweden to El Salvador have increased at an annualized rate of 7.85%, from $20M in 2017 to $29.2M in 2022.

In 2020, Sweden exported services to El Salvador worth $270M, with Government services, n.i.e. ($162M), Computer and information services ($79.8M), and Communications services ($22.4M) being the largest in terms of value.

El Salvador-Sweden Trade: In 2022, El Salvador exported $3.59M to Sweden. The main products that El Salvador exported to Sweden were Coffee ($3.03M), Aircraft Parts ($160k), and Other toys ($98.7k). Over the past 5 years the exports of El Salvador to Sweden have increased at an annualized rate of 15.4%,  from $1.52M in 2017 to $3.59M in 2022.

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

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). 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, Sweden exported $29.2M to El Salvador. The main products exported from Sweden to El Salvador were Packaged Medicaments ($4.79M), Papermaking Machines ($4.59M), and Kraft Paper ($3.81M). During the last 5 years the exports of Sweden to El Salvador have increased at an annualized rate of 7.85%, from $20M in 2017 to $29.2M in 2022.

In 2017, El Salvador exported $3.59M to Sweden. The main products exported from El Salvador to Sweden were Coffee ($3.03M), Aircraft Parts ($160k), and Other toys ($98.7k). During the last 5 years the exports of El Salvador to Sweden have increased at an annualized rate of 15.4%, from $1.52M in 2022 to $3.59M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
El Salvador
Top Destination
United States$2.87B

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

In 2022, countries that imported more from Sweden than El Salvador included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

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

Comparative Advantage Sweden - El Salvador

Flow
Scale

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

During 2022, Sweden had a large net trade with El Salvador in the exports of Machines ($10.8M), Paper Goods ($7.25M), and Chemical Products ($6.16M).

During 2017, El Salvador had a large net trade with Sweden in the exports of Vegetable Products ($3.03M), Transportation ($160k), and Miscellaneous ($121k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden El Salvador+$3.33MPackaged Medicaments
Top Product Potential El Salvador Sweden+$1.59MCoffee

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

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

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