2023
Flag
 GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC
$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195

About

Eritrea-Thailand Trade: In 2023, Eritrea exported $503 to Thailand. The main products that Eritrea exported to Thailand were Non-Knit Women's Shirts ($144), Low-voltage Protection Equipment ($118), and Transmissions ($101). Over the past 5 years the exports of Eritrea to Thailand have decreased at an annualized rate of 51.2%, from $18.1k in 2018 to $503 in 2023.

In 2023, Eritrea did not export any services to Thailand.

Thailand-Eritrea Trade: In 2023, Thailand exported $221k to Eritrea. The main products that Thailand exported to Eritrea were Rubber Apparel ($89.4k), Cars ($87.8k), and Other Plastic Products ($18.7k). Over the past 5 years the exports of Thailand to Eritrea have decreased at an annualized rate of 58.3%,  from $17.5M in 2018 to $221k in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Eritrea exported $503 to Thailand. The main products exported from Eritrea to Thailand were Non-Knit Women's Shirts ($144), Low-voltage Protection Equipment ($118), and Transmissions ($101). During the last 5 years the exports of Eritrea to Thailand have decreased at an annualized rate of 51.2%, from $18.1k in 2018 to $503 in 2023.

In 2018, Thailand exported $221k to Eritrea. The main products exported from Thailand to Eritrea were Rubber Apparel ($89.4k), Cars ($87.8k), and Other Plastic Products ($18.7k). During the last 5 years the exports of Thailand to Eritrea have decreased at an annualized rate of 58.3%, from $17.5M in 2023 to $221k in 2018.

Exports from Eritrea (Flag) to Thailand (Flag) (2023)

Exports from Thailand (Flag) to Eritrea (Flag) (2023)

Latest Data

Trade between Eritrea (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Eritrea
Top Destination
China$355M
Thailand
Top Destination
United States$58.5B

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

In 2023, no countries were registered that imported more from Eritrea than from Thailand.

In 2023, countries that imported more from Thailand than Eritrea included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

Difference in imports from Thailand (Flag) and Eritrea (Flag) (2023)

Comparative Advantage Eritrea - Thailand

Flow
Scale

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

During 2023, Eritrea had a large net trade with Thailand in the exports of Machines ($310), Textiles ($144), and Miscellaneous ($49).

During 2018, Thailand had a large net trade with Eritrea in the exports of Plastics and Rubbers ($113k), Transportation ($87.8k), and Machines ($13.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Eritrea (Flag) and Thailand (Flag) (2023)

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