Flag Eritrea / Sweden Flag

2021
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Exports
: $86.9k, Rnk 20 / 76

2021
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Top Product
: $38.8k, Centrifuges

2021
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Exports
: $1.92M, Rnk 163 / 219

2021
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Top Product
: $348k, Excavation Machinery

2021
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Economic Complexity (ECI)
: ECI 1.54, Rnk 8 / 131

2021
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 GDP
: $627B, CURRENT US$
Rnk 22 / 182

2011-2021
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GDP GROWTH
: 9.29%, CURRENT US$
Rnk 133 / 182

2021
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GDP PC
: $60,239, CURRENT US$
Rnk 11 / 182

2011-2021
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GDP PC GROWTH
: -0.85%, CURRENT US$
Rnk 130 / 182

Eritrea-Sweden In 2021, Eritrea exported $86.9k to Sweden. The main products that Eritrea exported to Sweden are Centrifuges ($38.8k), Beer ($17.3k), and Other Heating Machinery ($16.2k). During the last 26 years the exports of Eritrea to Sweden have increased at an annualized rate of 12.2%, from $4.41k in 1995 to $86.9k in 2021.

In 2021, Eritrea did not export any services to Sweden.

Sweden-Eritrea In 2021, Sweden exported $1.92M to Eritrea. The main products that Sweden exported to Eritrea were Excavation Machinery ($348k), Used Clothing ($323k), and Refined Petroleum ($230k). During the last 26 years the exports of Sweden to Eritrea have decreased at an annualized rate of 0.74%, from $2.33M in 1995 to $1.92M in 2021.

In 2021, Sweden did not export any services to Eritrea.

Comparison In 2021,  Eritrea ranked 166 in total exports ($620M), and does not have data regarding Economic Complexity Index. That same year, Sweden ranked 8 in the Economic Complexity Index (ECI 1.54), and 32 in total exports ($185B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Eritrea exported $86.9k to Sweden. The main products exported from Eritrea to Sweden were Centrifuges ($38.8k), Beer ($17.3k), and Other Heating Machinery ($16.2k). During the last 26 years the exports of Eritrea to Sweden have increased at an annualized rate of 12.2%, from $4.41k in 1995 to $86.9k in 2021.

In 2021, Sweden exported $1.92M to Eritrea. The main products exported from Sweden to Eritrea were Excavation Machinery ($348k), Used Clothing ($323k), and Refined Petroleum ($230k). During the last 26 years the exports of Sweden to Eritrea have decreased at an annualized rate of 0.74%, from $2.33M in 1995 to $1.92M in 2021.

Sweden Exports

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Market Competitiveness

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Color

Eritrea
Top Destination
: China, $352M

Sweden
Top Destination
: Germany, $19.1B

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

In 2019, no countries were registered that imported more from Eritrea than from Sweden.

In 2021, countries that imported more from Sweden than Eritrea were Germany ($19.1B), Norway ($17.4B), and United States ($15.2B).

Comparative Advantage Eritrea - Sweden

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Flow
Scale

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

During 2021, Eritrea had a large net trade with Sweden in the exports of Machines ($62.5k), Foodstuffs ($17.3k), and Textiles ($3.2k).

During 2021, Sweden had a large net trade with Eritrea in the exports of Machines ($840k), Textiles ($357k), and Metals ($275k).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Eritrea has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Eritrea.