| Product Code: ETC4643059 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Electric vehicle (EV) import shipments to El Salvador saw a significant increase in 2024, with top exporting countries being China, India, USA, Taiwan, and Mexico. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 107.09% from 2020 to 2024 highlights the rapid expansion of the EV market in El Salvador. Additionally, the growth rate of 89.38% from 2023 to 2024 suggests sustained momentum in the adoption of electric vehicles in the country.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Electric Vehicle (EV)ECU Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Electric Vehicle (EV)ECU Market - Industry Life Cycle |
3.4 El Salvador Electric Vehicle (EV)ECU Market - Porter's Five Forces |
3.5 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume Share, By ECU Type, 2021 & 2031F |
3.6 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume Share, By EV Type, 2021 & 2031F |
4 El Salvador Electric Vehicle (EV)ECU Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for electric vehicles in El Salvador |
4.2.2 Growing environmental awareness and concern for reducing carbon footprint |
4.2.3 Advancements in EV technology leading to increased affordability and range |
4.3 Market Restraints |
4.3.1 Limited charging infrastructure in El Salvador |
4.3.2 High upfront costs of electric vehicles compared to traditional vehicles |
4.3.3 Lack of consumer awareness and education about electric vehicles in the market |
5 El Salvador Electric Vehicle (EV)ECU Market Trends |
6 El Salvador Electric Vehicle (EV)ECU Market Segmentations |
6.1 El Salvador Electric Vehicle (EV)ECU Market, By ECU Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume, By Body Control Module, 2021-2031F |
6.1.3 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume, By Motor Control Unit, 2021-2031F |
6.1.4 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume, By Battery ECU, 2021-2031F |
6.1.5 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume, By Transmission ECU, 2021-2031F |
6.1.6 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume, By Infotainment ECU, 2021-2031F |
6.1.7 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume, By Others, 2021-2031F |
6.2 El Salvador Electric Vehicle (EV)ECU Market, By EV Type |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021-2031F |
6.2.3 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle (PHEV), 2021-2031F |
6.2.4 El Salvador Electric Vehicle (EV)ECU Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021-2031F |
7 El Salvador Electric Vehicle (EV)ECU Market Import-Export Trade Statistics |
7.1 El Salvador Electric Vehicle (EV)ECU Market Export to Major Countries |
7.2 El Salvador Electric Vehicle (EV)ECU Market Imports from Major Countries |
8 El Salvador Electric Vehicle (EV)ECU Market Key Performance Indicators |
8.1 Number of charging stations installed in El Salvador |
8.2 Percentage of renewable energy sources used to power electric vehicles |
8.3 Average driving range of electric vehicles available in the market |
9 El Salvador Electric Vehicle (EV)ECU Market - Opportunity Assessment |
9.1 El Salvador Electric Vehicle (EV)ECU Market Opportunity Assessment, By ECU Type, 2021 & 2031F |
9.2 El Salvador Electric Vehicle (EV)ECU Market Opportunity Assessment, By EV Type, 2021 & 2031F |
10 El Salvador Electric Vehicle (EV)ECU Market - Competitive Landscape |
10.1 El Salvador Electric Vehicle (EV)ECU Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Electric Vehicle (EV)ECU Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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