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2022
Flag → Flag
Exports $39.3kRnk 22 / 75
2022
Flag → Flag
Top Product $9.14kValves
2022
Flag → Flag
Exports $14.4kRnk 203 / 210
2022
Flag → Flag
Top Product $8.63kStone Processing Machines
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag
 GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186

About

Eritrea-New Zealand Trade: In 2022, Eritrea exported $39.3k to New Zealand. The main products that Eritrea exported to New Zealand were Valves ($9.14k), Air Pumps ($8.47k), and Cranes ($5.46k). Over the past 5 years the exports of Eritrea to New Zealand have increased at an annualized rate of 91.7%, from $1.52k in 2017 to $39.3k in 2022.

In 2022, Eritrea did not export any services to New Zealand.

New Zealand-Eritrea Trade: In 2022, New Zealand exported $14.4k to Eritrea. The main products that New Zealand exported to Eritrea were Stone Processing Machines ($8.63k), Navigation Equipment ($2.05k), and Excavation Machinery ($1.55k). Over the past 5 years the exports of New Zealand to Eritrea have increased at an annualized rate of 19.1%,  from $2.99k in 2017 to $14.4k in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Eritrea exported $39.3k to New Zealand. The main products exported from Eritrea to New Zealand were Valves ($9.14k), Air Pumps ($8.47k), and Cranes ($5.46k). During the last 5 years the exports of Eritrea to New Zealand have increased at an annualized rate of 91.7%, from $1.52k in 2017 to $39.3k in 2022.

In 2017, New Zealand exported $14.4k to Eritrea. The main products exported from New Zealand to Eritrea were Stone Processing Machines ($8.63k), Navigation Equipment ($2.05k), and Excavation Machinery ($1.55k). During the last 5 years the exports of New Zealand to Eritrea have increased at an annualized rate of 19.1%, from $2.99k in 2022 to $14.4k in 2017.

Exports from Eritrea (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to Eritrea (Flag) (2022)

Latest Data

Trade between Eritrea (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
Eritrea
Top DestinationChina$412M
New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Eritrea than New Zealand included Madagascar ($14.9M) and Croatia ($3.42M).

In 2022, countries that imported more from New Zealand than Eritrea included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand (Flag) and Eritrea (Flag) (2022)

Comparative Advantage Eritrea - New Zealand

Flow
Scale

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

During 2022, Eritrea had a large net trade with New Zealand in the exports of Machines ($32.5k), Transportation ($4.76k), and Plastics and Rubbers ($599).

During 2017, New Zealand had a large net trade with Eritrea in the exports of Machines ($12.8k), Transportation ($1.04k), and Metals ($512).

Economic Complexity

Competitive Landscape

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

Product Space of Eritrea (Flag) and New Zealand (Flag) (2022)

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