2023
Flag
 GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
GDP PC
$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195

About

Eritrea-New Zealand Trade: In 2023, Eritrea exported $143k to New Zealand. The main products that Eritrea exported to New Zealand were Bananas ($87.3k), Delivery Trucks ($34.2k), and Low-voltage Protection Equipment ($8.64k). Over the past 5 years the exports of Eritrea to New Zealand have increased at an annualized rate of 37.1%, from $29.4k in 2018 to $143k in 2023.

In 2023, Eritrea did not export any services to New Zealand.

New Zealand-Eritrea Trade: In 2023, New Zealand exported $7.79k to Eritrea. The main products that New Zealand exported to Eritrea were Combustion Engines ($4.72k), Iron Chains ($1.89k), and Electrical Transformers ($479). Over the past 5 years the exports of New Zealand to Eritrea have decreased at an annualized rate of 1.86%,  from $8.55k in 2018 to $7.79k in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Eritrea exported $143k to New Zealand. The main products exported from Eritrea to New Zealand were Bananas ($87.3k), Delivery Trucks ($34.2k), and Low-voltage Protection Equipment ($8.64k). During the last 5 years the exports of Eritrea to New Zealand have increased at an annualized rate of 37.1%, from $29.4k in 2018 to $143k in 2023.

In 2018, New Zealand exported $7.79k to Eritrea. The main products exported from New Zealand to Eritrea were Combustion Engines ($4.72k), Iron Chains ($1.89k), and Electrical Transformers ($479). During the last 5 years the exports of New Zealand to Eritrea have decreased at an annualized rate of 1.86%, from $8.55k in 2023 to $7.79k in 2018.

Exports from Eritrea (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Eritrea (Flag) (2023)

Latest Data

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

New Zealand Exports

Market Competitiveness

Color
Eritrea
Top Destination
China$355M
New Zealand
Top Destination
China$12.3B

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 2023, countries that imported more from Eritrea than New Zealand included Croatia ($3.33M).

In 2023, countries that imported more from New Zealand than Eritrea included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand (Flag) and Eritrea (Flag) (2023)

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 2023, Eritrea had a large net trade with New Zealand in the exports of Vegetable Products ($87.3k), Transportation ($34.2k), and Machines ($12.8k).

During 2018, New Zealand had a large net trade with Eritrea in the exports of Machines ($5.87k), Metals ($1.89k), and Textiles ($24).

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) (2023)

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