2022
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 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Eritrea-Sweden In 2022, Eritrea exported $33.4k to Sweden. The main products that Eritrea exported to Sweden are Beer ($31.8k), Electrical Control Boards ($395), and Wood Crates ($365). During the last 27 years the exports of Eritrea to Sweden have increased at an annualized rate of 7.78%, from $4.42k in 1995 to $33.4k in 2022.

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

Sweden-Eritrea In 2022, Sweden exported $1.69M to Eritrea. The main products that Sweden exported to Eritrea were Excavation Machinery ($359k), Flat Flat-Rolled Steel ($290k), and Used Clothing ($252k). During the last 27 years the exports of Sweden to Eritrea have decreased at an annualized rate of 1.17%, from $2.33M in 1995 to $1.69M in 2022.

In 2022, Sweden 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, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Eritrea exported $33.4k to Sweden. The main products exported from Eritrea to Sweden were Beer ($31.8k), Electrical Control Boards ($395), and Wood Crates ($365). During the last 27 years the exports of Eritrea to Sweden have increased at an annualized rate of 7.78%, from $4.42k in 1995 to $33.4k in 2022.

In 2022, Sweden exported $1.69M to Eritrea. The main products exported from Sweden to Eritrea were Excavation Machinery ($359k), Flat Flat-Rolled Steel ($290k), and Used Clothing ($252k). During the last 27 years the exports of Sweden to Eritrea have decreased at an annualized rate of 1.17%, from $2.33M in 1995 to $1.69M in 2022.

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

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

Latest Data

Trade between Eritrea (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Eritrea
Top Destination
China$412M
Sweden
Top Destination
Germany$19.2B

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 2021, countries that imported more from Eritrea than Sweden were Madagascar ($14.9M).

In 2021, countries that imported more from Sweden than Eritrea were Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Eritrea - Sweden

Flow
Scale

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

During 2022, Eritrea had a large net trade with Sweden in the exports of Foodstuffs ($32.1k), Machines ($395), and Wood Products ($365).

During 2022, Sweden had a large net trade with Eritrea in the exports of Machines ($732k), Metals ($356k), and Textiles ($280k).

Economic Complexity

Competitive Landscape

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.

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

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