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Pricing

2023
Flag → Flag
Exports $3.59MRnk 4 / 74
2023
Flag → Flag
Top Product $2.53MNon-Knit Men's Shirts
2023
Flag → Flag
Exports $20.4MRnk 166 / 219
2023
Flag → Flag
Top Product $1.43MAluminium Structures
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Eritrea-Italy Trade: In 2023, Eritrea exported $3.59M to Italy. The main products that Eritrea exported to Italy were Non-Knit Men's Shirts ($2.53M), Non-Knit Women's Shirts ($596k), and Non-Knit Men's Undergarments ($355k). Over the past 5 years the exports of Eritrea to Italy have increased at an annualized rate of 7.24%, from $2.53M in 2018 to $3.59M in 2023.

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

Italy-Eritrea Trade: In 2023, Italy exported $20.4M to Eritrea. The main products that Italy exported to Eritrea were Aluminium Structures ($1.43M), Motor vehicles; parts and accessories (8701 to 8705) ($1.21M), and Buses ($1.14M). Over the past 5 years the exports of Italy to Eritrea have decreased at an annualized rate of 0.11%,  from $20.7M in 2018 to $20.4M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Eritrea exported $3.59M to Italy. The main products exported from Eritrea to Italy were Non-Knit Men's Shirts ($2.53M), Non-Knit Women's Shirts ($596k), and Non-Knit Men's Undergarments ($355k). During the last 5 years the exports of Eritrea to Italy have increased at an annualized rate of 7.24%, from $2.53M in 2018 to $3.59M in 2023.

In 2018, Italy exported $20.4M to Eritrea. The main products exported from Italy to Eritrea were Aluminium Structures ($1.43M), Motor vehicles; parts and accessories (8701 to 8705) ($1.21M), and Buses ($1.14M). During the last 5 years the exports of Italy to Eritrea have decreased at an annualized rate of 0.11%, from $20.7M in 2023 to $20.4M in 2018.

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

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

Latest Data

Trade between Eritrea (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Eritrea
Top DestinationChina$355M
Italy
Top DestinationGermany$71.4B

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

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

In 2023, countries that imported more from Italy than Eritrea included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Eritrea - Italy

Flow
Scale

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

During 2023, Eritrea had a large net trade with Italy in the exports of Textiles ($3.57M), Transportation ($10.8k), and Instruments ($7.74k).

During 2018, Italy had a large net trade with Eritrea in the exports of Metals ($4.45M), Transportation ($3.71M), and Machines ($3.36M).

Economic Complexity

Competitive Landscape

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

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

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