2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

Eritrea-Nigeria Trade: In 2023, Eritrea exported $29.9k to Nigeria. The main products that Eritrea exported to Nigeria were Valves ($21.2k), Other Heating Machinery ($7.16k), and Broadcasting Equipment ($836). Over the past 6 years the exports of Eritrea to Nigeria have decreased at an annualized rate of 1.86%, from $33.5k in 2017 to $29.9k in 2023.

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

Nigeria-Eritrea In N/A, Nigeria did not export any products to Eritrea.

In 2023, Nigeria 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, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Eritrea exported $29.9k to Nigeria. The main products exported from Eritrea to Nigeria were Valves ($21.2k), Other Heating Machinery ($7.16k), and Broadcasting Equipment ($836). During the last 6 years the exports of Eritrea to Nigeria have decreased at an annualized rate of 1.86%, from $33.5k in 2017 to $29.9k in 2023.

Nigeria does not register exports to Eritrea.

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

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

Market Competitiveness

Color
Eritrea
Top Destination
China$355M
Nigeria
Top Destination
United States$6.29B

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

In 2023, countries that imported more from Eritrea than Nigeria included Djibouti ($252k), Madagascar ($268k), and New Zealand ($143k).

In 2023, countries that imported more from Nigeria than Eritrea included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

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

Comparative Advantage Eritrea - Nigeria

Flow
Scale

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

During 2023, Eritrea had a large net trade with Nigeria in the exports of Machines ($29.9k) and Plastics and Rubbers ($19).

Economic Complexity

Competitive Landscape

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

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

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