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2022
Flag → Flag
Exports $65.6kRnk 17 / 75
2022
Flag → Flag
Top Product $60.7kProcessed Crustaceans
2022
Flag → Flag
Exports $13.5kRnk 212 / 215
2022
Flag → Flag
Top Product $13.5kOffice Machine Parts
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Eritrea-Singapore Trade: In 2022, Eritrea exported $65.6k to Singapore. The main products that Eritrea exported to Singapore were Processed Crustaceans ($60.7k), Machinery Having Individual Functions ($2.07k), and Centrifuges ($976). Over the past 5 years the exports of Eritrea to Singapore have increased at an annualized rate of 18.1%, from $28.5k in 2017 to $65.6k in 2022.

In 2022, Eritrea did not export any services to Singapore.

Singapore-Eritrea Trade: In 2022, Singapore exported $13.5k to Eritrea. The main products that Singapore exported to Eritrea were Office Machine Parts ($13.5k). Over the past 5 years the exports of Singapore to Eritrea have decreased at an annualized rate of 13.4%,  from $27.8k in 2017 to $13.5k in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Eritrea exported $65.6k to Singapore. The main products exported from Eritrea to Singapore were Processed Crustaceans ($60.7k), Machinery Having Individual Functions ($2.07k), and Centrifuges ($976). During the last 5 years the exports of Eritrea to Singapore have increased at an annualized rate of 18.1%, from $28.5k in 2017 to $65.6k in 2022.

In 2017, Singapore exported $13.5k to Eritrea. The main products exported from Singapore to Eritrea were Office Machine Parts ($13.5k). During the last 5 years the exports of Singapore to Eritrea have decreased at an annualized rate of 13.4%, from $27.8k in 2022 to $13.5k in 2017.

Exports from Eritrea (Flag) to Singapore (Flag) (2022)

Exports from Singapore (Flag) to Eritrea (Flag) (2022)

Latest Data

Trade between Eritrea (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Eritrea
Top DestinationChina$412M
Singapore
Top DestinationHong Kong$51.6B

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

In 2022, no countries were registered that imported more from Eritrea than from Singapore.

In 2022, countries that imported more from Singapore than Eritrea included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore (Flag) and Eritrea (Flag) (2022)

Comparative Advantage Eritrea - Singapore

Flow
Scale

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

During 2022, Eritrea had a large net trade with Singapore in the exports of Foodstuffs ($60.7k), Machines ($4.68k), and Stone And Glass ($236).

During 2017, Singapore had a large net trade with Eritrea in the exports of Machines ($13.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Eritrea (Flag) and Singapore (Flag) (2022)

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