2023
Flag  
GDP
$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH
23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC 
$6,610CURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP PC GROWTH
8.19%CURRENT US$
Rnk 141 / 195

About

In N/A, Ecuador did not export any services to Eritrea.

Eritrea-Ecuador Trade: In N/A, Eritrea exported $1.97k to Ecuador. The main products that Eritrea exported to Ecuador were N/A. Over the past N/A years the exports of Eritrea to Ecuador have increased at an annualized rate of 28.8%,  from $555 in N/A to $1.97k in N/A.

In N/A, Eritrea did not export any services to Ecuador.

Comparison In 2023,  Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85),  and 65 in total exports ($37.3B). That same year, Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Ecuador does not register exports to Eritrea.

In 2016, Eritrea exported $1.97k to Ecuador. There were not main exports from Eritrea to Ecuador in 2016. During the last 5 years the exports of Eritrea to Ecuador have increased at an annualized rate of 28.8%, from $555 in 2021 to $1.97k in 2016.

Exports from Ecuador (Flag) to Eritrea (Flag) (2021)

Exports from Eritrea (Flag) to Ecuador (Flag) (2021)

Market Competitiveness

Color
Ecuador
Top Destination
United States$8.34B
Eritrea
Top Destination
China$355M

This map shows whether countries import more from Ecuador or Eritrea. Each country is colored based on the difference in imports they receive from Ecuador and Eritrea or the difference in the growth in imports.

In 2023, countries that imported more from Ecuador than Eritrea included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

In 2023, countries that imported more from Eritrea than Ecuador included Philippines ($23.8M), Madagascar ($268k), and Djibouti ($252k).

Difference in imports from Eritrea (Flag) and Ecuador (Flag) (2023)

Comparative Advantage Ecuador - Eritrea

Flow
Scale

This chart compares trade between Ecuador and Eritrea by product, considering products traded by both, Ecuador and Eritrea.

During 2016, Eritrea had a large net trade with Ecuador in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ecuador and Eritrea. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Eritrea. Similarly, a dot/product with the flag of Eritrea indicates it has a comparative advantage over Ecuador.

Product Space of Ecuador (Flag) and Eritrea (Flag) (2021)

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