2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Eritrea-Ecuador Trade: In 2021, Eritrea exported $1.97k to Ecuador. The main products that Eritrea exported to Ecuador were N/A. Over the past 8 years the exports of Eritrea to Ecuador have increased at an annualized rate of 28.7%, from $262 in 2013 to $1.97k in 2021.

In 2021, Eritrea did not export any services to Ecuador.

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

In 2021, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Eritrea exported $1.97k to Ecuador. There were not main exports from Eritrea to Ecuador in 2021. During the last 8 years the exports of Eritrea to Ecuador have increased at an annualized rate of 28.7%, from $262 in 2013 to $1.97k in 2021.

Ecuador does not register exports to Eritrea.

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

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

Market Competitiveness

Color
Eritrea
Top Destination
China$412M
Ecuador
Top Destination
United States$9.86B

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

In 2022, countries that imported more from Eritrea than Ecuador included Madagascar ($14.9M), Rwanda ($40.6k), and Democratic Republic of the Congo ($21.5k).

In 2022, countries that imported more from Ecuador than Eritrea included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

Difference in imports from Ecuador (Flag) and Eritrea (Flag) (2022)

Comparative Advantage Eritrea - Ecuador

Flow
Scale

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

During 2021, 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 Eritrea and Ecuador. This means that a dot/product with the flag of Eritrea indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Eritrea.

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

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