Market research

Soybeans market in El Salvador

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The soybean market in El Salvador grew consistently from 5 219 t in 2018 to 5 532 t in 2020. This expansion was partly linked to rising interest in processed soy products, evidenced by a 13.75% increase in soy sauce export volumes between 2017 and 2019, which lifted demand for raw soybeans.

After a correction to 5 395 t in 2021, the market stabilized and reached 5 477 t by 2023. The recovery was facilitated by moderate imports of basic grains, including soybeans, primarily from the United States and Nicaragua, which ensured stable local supply and supported market volume.

In the following years, trade patterns for soy derivatives remained active, with El Salvador emerging as a key destination for refined soy oil from Mexico. International soybean price trends, influenced by U.S.-China trade agreements and tighter global supply, continued to affect import dynamics.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in El Salvador
  1. 5.1.1. Annual dynamics of production in El Salvador in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in El Salvador in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to El Salvador in kind, 2018-2025, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to El Salvador by countries, 2018-2025, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to El Salvador in value, 2018-2025, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to El Salvador by countries, 2018-2025, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to El Salvador, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to El Salvador by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to El Salvador in kind, 2018-2025, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to El Salvador by countries, 2018-2025, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to El Salvador in value, 2018-2025, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to El Salvador by countries, 2018-2025, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to El Salvador, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to El Salvador by countries, 2018-2025, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2025
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production soybeans in El Salvador

In kind, 2018-2021, t

Top producers of soybeans, 2018-2021

Source: SHEV.io

World map of production of soybeans, 2018-2021

Source: SHEV.io

El Salvador's soybean production saw a decline after two consecutive years of growth. In 2021, the country produced 5 342 tons of soybeans, marking a 2.5% decrease compared to the previous year. Over the 2018-2021 period, production increased by 2.9%, with an average annual growth rate of 1.0%. The highest production level was achieved in 2020 at 5 477 tons, while the most significant year-on-year increase occurred in 2019 at 3.3%.

Annual dynamics of production in El Salvador in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	3.3%	2.2%	(2.5%)	1.0%

Source: SHEV.io

Exports soybeans from El Salvador

Market data indicates that El Salvador did not export any soybeans between 2018 and 2021.

Imports soybeans to El Salvador

Imports in kind, kg

Soybean imports to El Salvador showed notable fluctuations during this period. The lowest import volume was recorded in 2018, while the highest occurred in 2020, representing a 1.8-fold difference between these two years. In 2021, imports totaled 52 548 kilograms, down 4.7% from the previous year. The largest year-on-year increase was observed in 2019 at 72.7%.

Annual dynamics of product's imports to El Salvador in kind, 2018-2021, kg

Parameter		2019	2020	2021	CAGR
1	Change from last year	72.7%	5.5%	(4.7%)	20.2%

Source: SHEV.io

Between 2018 and 2021, the United States and Nicaragua together accounted for 88.3% of El Salvador's soybean imports by volume, with the remaining share distributed among smaller markets.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to El Salvador in kind, 2018-2021

Source: SHEV.io

Imports in value, $ US

Import values displayed irregular patterns, reflecting a volatile market environment. The lowest value was recorded in 2018, while the peak occurred in 2021, showing a 2.6-fold increase between these years. In 2021, soybean imports were valued at 46 927 US dollars, representing a 21.3% increase from the previous year. The most substantial year-on-year growth was recorded in 2019 at 134.7%, while the largest decline occurred in 2020 at 9.0%.

Annual dynamics of product's imports to El Salvador in value, 2018-2021, $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	134.7%	(9.0%)	21.3%	37.3%

Source: SHEV.io

From 2018 to 2021, the United States and Nicaragua dominated El Salvador's soybean imports in value terms, jointly representing 88.1% of total import value, with other markets holding relatively smaller shares.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to El Salvador in value, 2018-2021

Source: SHEV.io