Eritrea (ERI) and Armenia (ARM) Trade | The Observatory of Economic Complexity

About

Eritrea-Armenia Trade: In 2022, Eritrea exported $78 to Armenia. The main products that Eritrea exported to Armenia were Centrifuges ($78). Over the past 16 years the exports of Eritrea to Armenia have decreased at an annualized rate of 17.5%, from $1.69k in 2006 to $78 in 2022.

In 2022, Eritrea did not export any services to Armenia.

Armenia-Eritrea In false, Armenia did not export any products to Eritrea.

In 2022, Armenia did not export any services to Eritrea.

Comparison In 2022, Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Eritrea exported $78 to Armenia. The main products exported from Eritrea to Armenia were Centrifuges ($78). During the last 16 years the exports of Eritrea to Armenia have decreased at an annualized rate of 17.5%, from $1.69k in 2006 to $78 in 2022.

Armenia does not register exports to Eritrea.

Exports from Eritrea () to Armenia () (2022)

Exports from Armenia () to Eritrea () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Eritrea
Top DestinationChina$412M

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Eritrea than Armenia included South Korea ($74.3M), Madagascar ($14.9M), and Croatia ($3.42M).

In 2022, countries that imported more from Armenia than Eritrea included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

Difference in imports from Armenia () and Eritrea () (2022)

Comparative Advantage Eritrea - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Eritrea had a large net trade with Armenia in the exports of Machines ($78).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Eritrea () to Armenia () (2022)

Exports from Armenia () to Eritrea () (2022)

Market Competitiveness

Difference in imports from Armenia () and Eritrea () (2022)

Comparative Advantage Eritrea - Armenia

Economic Complexity

Competitive Landscape

Product Space of Eritrea () and Armenia () (2022)

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