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2023
Flag → Flag
Exports $896kRnk 6 / 74
2023
Flag → Flag
Top Product $286kNon-Knit Women's Suits
2023
Flag → Flag
Exports $3.81MRnk 184 / 220
2023
Flag → Flag
Top Product $2.42MNitrogenous Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
 GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Eritrea-Spain Trade: In 2023, Eritrea exported $896k to Spain. The main products that Eritrea exported to Spain were Non-Knit Women's Suits ($286k), Propylene Polymers ($265k), and Non-Knit Men's Shirts ($163k). Over the past 6 years the exports of Eritrea to Spain have decreased at an annualized rate of 40.5%, from $20.2M in 2017 to $896k in 2023.

In 2023, Eritrea did not export any services to Spain.

Spain-Eritrea Trade: In 2023, Spain exported $3.81M to Eritrea. The main products that Spain exported to Eritrea were Nitrogenous Fertilizers ($2.42M), Detonating Fuses ($493k), and Prepared Explosives ($271k). Over the past 6 years the exports of Spain to Eritrea have decreased at an annualized rate of 7.17%,  from $5.53M in 2017 to $3.81M in 2023.

In 2023, Spain did not export any services to Eritrea.

Comparison In 2023,  Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Eritrea exported $896k to Spain. The main products exported from Eritrea to Spain were Non-Knit Women's Suits ($286k), Propylene Polymers ($265k), and Non-Knit Men's Shirts ($163k). During the last 6 years the exports of Eritrea to Spain have decreased at an annualized rate of 40.5%, from $20.2M in 2017 to $896k in 2023.

In 2018, Spain exported $3.81M to Eritrea. The main products exported from Spain to Eritrea were Nitrogenous Fertilizers ($2.42M), Detonating Fuses ($493k), and Prepared Explosives ($271k). During the last 5 years the exports of Spain to Eritrea have decreased at an annualized rate of 7.17%, from $5.53M in 2023 to $3.81M in 2018.

Exports from Eritrea (Flag) to Spain (Flag) (2023)

Exports from Spain (Flag) to Eritrea (Flag) (2023)

Latest Data

Trade between Eritrea (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Eritrea
Top DestinationChina$355M
Spain
Top DestinationFrance$61.9B

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

In 2023, no countries were registered that imported more from Eritrea than from Spain.

In 2023, countries that imported more from Spain than Eritrea included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

Comparative Advantage Eritrea - Spain

Flow
Scale

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

During 2023, Eritrea had a large net trade with Spain in the exports of Textiles ($477k), Plastics and Rubbers ($265k), and Metals ($153k).

During 2018, Spain had a large net trade with Eritrea in the exports of Chemical Products ($3.21M), Machines ($321k), and Transportation ($207k).

Economic Complexity

Competitive Landscape

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

Product Space of Eritrea (Flag) and Spain (Flag) (2023)

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