2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Eritrea-Saudi Arabia Trade: In 2021, Eritrea exported $2.19k to Saudi Arabia. The main products that Eritrea exported to Saudi Arabia were N/A. Over the past 7 years the exports of Eritrea to Saudi Arabia have decreased at an annualized rate of 55.1%, from $595k in 2014 to $2.19k in 2021.

In 2021, Eritrea did not export any services to Saudi Arabia.

Saudi Arabia-Eritrea Trade: In 2021, Saudi Arabia exported $6.53M to Eritrea. The main products that Saudi Arabia exported to Eritrea were N/A. Over the past 7 years the exports of Saudi Arabia to Eritrea have decreased at an annualized rate of 12.7%,  from $14.7M in 2014 to $6.53M in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Eritrea exported $2.19k to Saudi Arabia. There were not main exports from Eritrea to Saudi Arabia in 2021. During the last 7 years the exports of Eritrea to Saudi Arabia have decreased at an annualized rate of 55.1%, from $595k in 2014 to $2.19k in 2021.

In 2016, Saudi Arabia exported $6.53M to Eritrea. There were not main exports from Saudi Arabia to Eritrea in 2016. During the last 5 years the exports of Saudi Arabia to Eritrea have decreased at an annualized rate of 12.7%, from $14.7M in 2021 to $6.53M in 2016.

Exports from Eritrea (Flag) to Saudi Arabia (Flag) (2021)

Exports from Saudi Arabia (Flag) to Eritrea (Flag) (2021)

Latest Data

Trade between Eritrea (Flag) and Saudi Arabia (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Eritrea
Top Destination
China$412M
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Eritrea than Saudi Arabia included Bermuda ($1.53k), Israel ($997), and Zambia ($639).

In 2022, countries that imported more from Saudi Arabia than Eritrea included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Eritrea (Flag) (2022)

Comparative Advantage Eritrea - Saudi Arabia

Flow
Scale

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

During 2021, Eritrea had a large net trade with Saudi Arabia in the exports of .

During 2016, Saudi Arabia had a large net trade with Eritrea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Eritrea (Flag) and Saudi Arabia (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with