Eritrea
Compare Eritrea →ER · ERI · BACI 232 · latest data 2024
Exports
= $574 M16.0% over 5 yrs (up)
Imports
= $346 M10.3% over 5 yrs (down)
Trade balancesurplus
= $228 M
Total trade
= $920 M4.5% over 5 yrs (up)
- World position
- #164 of 225 exporters · bottom half · #198 of 225 importers · bottom half · 2024
- World export share since 1995
- ±0.0 pp
Trade timeline
Eritrea's exports grew from $11M in 1995 to $574M in 2024; the 2024 balance was $228M.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $11 M | $128 M | −$117 M | $139 M |
| 1996 | $28 M | $167 M | −$139 M | $195 M |
| 1997 | $50 M | $203 M | −$153 M | $253 M |
| 1998 | $30 M | $257 M | −$227 M | $286 M |
| 1999 | $12 M | $168 M | −$156 M | $181 M |
| 2000 | $14 M | $126 M | −$112 M | $140 M |
| 2001 | $12 M | $176 M | −$164 M | $188 M |
| 2002 | $11 M | $205 M | −$194 M | $216 M |
| 2003 | $22 M | $610 M | −$589 M | $632 M |
| 2004 | $11 M | $256 M | −$245 M | $267 M |
| 2005 | $27 M | $311 M | −$284 M | $338 M |
| 2006 | $19 M | $212 M | −$193 M | $231 M |
| 2007 | $73 M | $335 M | −$261 M | $408 M |
| 2008 | $28 M | $259 M | −$231 M | $287 M |
| 2009 | $27 M | $303 M | −$276 M | $330 M |
| 2010 | $16 M | $425 M | −$410 M | $441 M |
| 2011 | $338 M | $484 M | −$146 M | $822 M |
| 2012 | $592 M | $555 M | $37 M | $1,147 M |
| 2013 | $326 M | $539 M | −$213 M | $865 M |
| 2014 | $582 M | $433 M | $149 M | $1,014 M |
| 2015 | $456 M | $401 M | $55 M | $858 M |
| 2016 | $382 M | $351 M | $31 M | $734 M |
| 2017 | $434 M | $400 M | $34 M | $834 M |
| 2018 | $510 M | $412 M | $98 M | $923 M |
| 2019 | $495 M | $385 M | $110 M | $880 M |
| 2020 | $647 M | $307 M | $340 M | $954 M |
| 2021 | $672 M | $330 M | $341 M | $1,002 M |
| 2022 | $854 M | $447 M | $407 M | $1,301 M |
| 2023 | $529 M | $440 M | $89 M | $969 M |
| 2024 | $574 M | $346 M | $228 M | $920 M |
Trading partners
China was Eritrea's top trading partner in 2024, at 66.5% of total trade; the top five partners covered 89.0%.
- Top partner share
- 66.5%
- Top-5 share
- 89.0%
- Partners
- 86
- Partner HHI (0–1)
- 0.459
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | China | $452 M | $160 M | $611 M | $292 M |
| #2 | South Korea | $98 M | $2 M | $100 M | $96 M |
| #3 | Türkiye | $0 M | $40 M | $40 M | −$40 M |
| #4 | United States | $1 M | $36 M | $37 M | −$35 M |
| #5 | Italy | $4 M | $26 M | $30 M | −$22 M |
| #6 | Saudi Arabia | $0 M | $13 M | $13 M | −$13 M |
| #7 | India | $0 M | $12 M | $12 M | −$12 M |
| #8 | South Africa | $0 M | $9 M | $9 M | −$9 M |
| #9 | Ireland | $6 M | $0 M | $6 M | $6 M |
| #10 | France | $4 M | $2 M | $6 M | $2 M |
| #11 | Belgium | $0 M | $6 M | $6 M | −$6 M |
| #12 | United Kingdom | $0 M | $5 M | $5 M | −$5 M |
| #13 | Egypt | $0 M | $5 M | $5 M | −$5 M |
| #14 | Spain | $1 M | $4 M | $5 M | −$3 M |
| #15 | Sweden | $0 M | $4 M | $4 M | −$3 M |
Products & sectors
Product composition of Eritrea's trade in 2024.
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The product table loads with the product data for 2024.
Concentration & risk
Eritrea's export partners concentrated over 1995–2024 — HHI 0.180 → 0.649, a concentrated export base across 81 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.180 | 0.131 | 20 | 25 |
| 1996 | 0.497 | 0.156 | 27 | 30 |
| 1997 | 0.612 | 0.180 | 28 | 38 |
| 1998 | 0.256 | 0.126 | 31 | 42 |
| 1999 | 0.245 | 0.136 | 37 | 48 |
| 2000 | 0.119 | 0.101 | 47 | 57 |
| 2001 | 0.164 | 0.087 | 49 | 62 |
| 2002 | 0.185 | 0.096 | 56 | 69 |
| 2003 | 0.185 | 0.085 | 69 | 98 |
| 2004 | 0.061 | 0.092 | 59 | 72 |
| 2005 | 0.220 | 0.112 | 68 | 71 |
| 2006 | 0.067 | 0.085 | 82 | 66 |
| 2007 | 0.524 | 0.137 | 81 | 66 |
| 2008 | 0.117 | 0.074 | 79 | 75 |
| 2009 | 0.129 | 0.075 | 84 | 72 |
| 2010 | 0.135 | 0.088 | 90 | 68 |
| 2011 | 0.921 | 0.132 | 83 | 72 |
| 2012 | 0.495 | 0.123 | 92 | 63 |
| 2013 | 0.296 | 0.128 | 80 | 68 |
| 2014 | 0.426 | 0.115 | 81 | 71 |
| 2015 | 0.303 | 0.155 | 83 | 68 |
| 2016 | 0.302 | 0.115 | 75 | 63 |
| 2017 | 0.299 | 0.133 | 76 | 69 |
| 2018 | 0.457 | 0.138 | 82 | 66 |
| 2019 | 0.341 | 0.173 | 76 | 65 |
| 2020 | 0.403 | 0.141 | 73 | 58 |
| 2021 | 0.426 | 0.161 | 84 | 54 |
| 2022 | 0.398 | 0.199 | 80 | 58 |
| 2023 | 0.518 | 0.192 | 74 | 60 |
| 2024 | 0.649 | 0.248 | 81 | 56 |
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