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2023
Flag → Flag
Exports $3.81MRnk 184 / 220
2023
Flag → Flag
Top Product $2.42MNitrogenous Fertilizers
2023
Flag → Flag
Exports $9.9MRnk 6 / 74
2023
Flag → Flag
Top Product $286kNon-Knit Women's Suits
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Spain-Eritrea Trade: In 2023, Spain exported $3.81M to Eritrea. The main products that Spain exported to Eritrea were Nitrogenous Fertilizers ($2.42M), Detonating Fuses ($493k), and Prepared Explosives ($271k). Over the past 5 years the exports of Spain to Eritrea have decreased at an annualized rate of 7.17%, from $5.53M in 2018 to $3.81M in 2023.

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

Eritrea-Spain In N/A, Eritrea did not export any products to Spain.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €290k and imported €11.5k from Eritrea, resulting in a positive trade balance of €278k. Between November 2023 and November 2024 the exports of Spain have decreased by €-882k (-75.3%) from €1.17M to €290k, while imports decreased by €-1.5k (-11.5%) from €13k to €11.5k.

Trade In November 2024, the top exports of Spain to Eritrea were Vaccines, blood, antisera, toxins and cultures (€15.4k) and Commodities not elsewhere specified (€90.9). In November 2024 the top imports of Spain from Eritrea were Stainless Steel Wire (€63.5k).

Origins In November 2024 the exports of Spain were mainly from Vizcaya (€290k), while imports destinations were mainly Barcelona (€4.3k), Málaga (€1.74k), Madrid (€1.71k), Sevilla (€658), and Girona (€503).

Growth In November 2024, the decrease in Spain's year-by-year exports to Eritrea was explained primarily by an decrease in product exports in . In November 2024, the decrease in Spain's year-by-year imports  from Eritrea was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-882k(-75.3%)
IMPORT GROWTH (November 2023 - November 2024)€-1.5k(-11.5%)
MAIN EXPORTER (November 2024)Vizcaya€290k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Eritrea and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $3.81M to Eritrea. The main products exported from Spain to Eritrea were Nitrogenous Fertilizers ($2.42M), Detonating Fuses ($493k), and Prepared Explosives ($271k). During the last 5 years the exports of Spain to Eritrea have decreased at an annualized rate of 7.17%, from $5.53M in 2018 to $3.81M in 2023.

Eritrea does not register exports to Spain. The main products exported from Eritrea to Spain were Non-Knit Women's Suits ($286k), Propylene Polymers ($265k), and Non-Knit Men's Shirts ($163k).

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Eritrea
Top DestinationChina$355M

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

In 2023, countries that imported more from Spain than Eritrea included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

Comparative Advantage Spain - Eritrea

Flow
Scale

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

During 2023, Spain had a large net trade with Eritrea in the exports of Chemical Products ($3.21M), Machines ($321k), and Transportation ($207k).

Economic Complexity

Competitive Landscape

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

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

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