Italy-El Salvador Bilateral Trade Analysis 2023

Complete trade statistics: $154.55M total volume •Italy surplus: $95.57M

ItalyEl Salvador

$125.06M

Exports (2023)

El SalvadorItaly

$29.49M

Imports (2023)

Trade Balance

$95.57M

Surplus for Italy

Total Trade

$154.55M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Italy and El Salvador. Green line shows exports from Italy, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Italy-El Salvador commercial relationship and competitive positioning in global markets.

ItalyEl Salvador Exports

$125.06M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
6.3% top product
1Paper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), other than bleached and weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810
$7.88M
6.3% of exports
2Printing machinery: gravure
$3.56M
2.8% of exports
3Printing machinery: parts and accessories, n.e.c. in item no. 8443.91
$3.52M
2.8% of exports
4Paper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), bleached, weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810
$3.41M
2.7% of exports
5Machinery: for filling, closing, sealing, capsuling or labelling bottles, cans, bags or other containers, machinery for aerating beverages
$3.35M
2.7% of exports

🎯 Strategic Export Focus

Italy's export portfolio to El Salvador demonstrates strategic specialization, with paper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), other than bleached and weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810 representing a key competitive advantage in this bilateral market.

El SalvadorItaly Imports

$29.49M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
37.7% concentration
1Fish preparations: tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced)
$11.10M
37.7% of imports
2Coffee: not roasted or decaffeinated
$9.83M
33.3% of imports
3Sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter
$5.76M
19.5% of imports
4Trousers, bib and brace overalls, breeches and shorts: men's or boys', of synthetic fibres, knitted or crocheted
$732,895
2.5% of imports
5Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather
$461,409
1.6% of imports

📦 Import Strategy Analysis

Italy's import pattern from El Salvador reveals significant dependencyin fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Italy demonstrates competitive strength in exportingpaper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), other than bleached and weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810 to El Salvador, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $154.55M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Italy-El Salvador Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $154.55 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Italy maintains a surplus of $95.57 million
  • Export Focus: Italy's primary exports include paper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), other than bleached and weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810, printing machinery: gravure, printing machinery: parts and accessories, n.e.c. in item no. 8443.91
  • Import Dependencies: Key imports from El Salvador include fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced), coffee: not roasted or decaffeinated, sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $154.55M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Italy leveraging its comparative advantages in paper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), other than bleached and weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Italy's specialization in paper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), other than bleached and weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810complements El Salvador's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced).

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $154.55M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $154.55M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $154.55 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in paper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), other than bleached and weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810 and fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Italy's trade surplus of $95.57 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in printing machinery: gravure present expansion opportunities.
Market Diversification
Beyond current focus on fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced), new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in paper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), other than bleached and weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810 may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Italy and El Salvador represents a total trade volume of $154.55 million in 2023. This partnership demonstrates a favorable trade balance for Italy, with exports exceeding importsby $95.57 million.

Export Strengths

Italy's exports to El Salvador total $125.06 million, with competitive advantages in paper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), other than bleached and weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810, representing $7.88M or6.3% of bilateral exports.

Import Dependencies

Imports from El Salvador amount to $29.49 million, highlighting economic interdependence in fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced), with Fish preparations: tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) comprising37.7% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Italy's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023