Indonesia recorded US$51.305 million in exports to El Salvador as of December 2022. This figure represents a 58.69% increase compared to the previous year's exports of US$32.331 million.
Indonesia's trade record with El Salvador shows an upward trend in exports over the past 10 years. 2022 marked a historic high with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to El Salvador, 37 products were worth more than one billion dollars. Most of the exported products (31 items) are also exported to other countries.
The following is a list of the top five products exported by Indonesia to El Salvador, ordered from highest to lowest transaction value.
1. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof.
Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof (HS Code 87). This product ranks first in exports to El Salvador, with Indonesia exporting US$17.318 million. Exports of this product increased compared to the previous period, which recorded US$6.866 million.
2. Paper and paperboard.
Under HS Code 48, Paper and paperboard is a product group categorized together with articles of pulp, paper or paperboard. Indonesia exported US$10.504 million worth of this product to El Salvador.
3. Iron and steel.
Indonesia also exported a significant amount of iron and steel to El Salvador, with a value of US$7.672 million. There were no recorded exports of this product to El Salvador the previous year. Trademap data shows Indonesia's iron and steel exports to 81 countries. Exports to El Salvador rank 34th. Other top five export destinations include China, Taipei, China, India, Vietnam, and Malaysia.
4. Man-made staple fibers.
Indonesia also exported US$3.247 million worth of man-made staple fibers to El Salvador. This represents an increase compared to the previous period, which recorded US$1.228 million. Besides El Salvador, Indonesia also exports man-made staple fibers to Türkiye, Bangladesh, India, Pakistan, and Japan. In addition to these main countries, Indonesia exported this product to 101 other countries.
5. Electrical machinery and equipment and parts thereof.
Indonesia exported US$3.025 million worth of electrical machinery and equipment and parts thereof to El Salvador. This is lower than the previous period's value of US$3.736 million. Trademap data shows Indonesia's exports of electrical machinery and equipment and parts thereof to 159 countries. Exports to El Salvador rank 73rd. Other top five export destinations include Singapore, the United States, Japan, the Republic of Korea, and Hong Kong, China.