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Pricing

2022
Flag → Flag
Exports $7.22MRnk 184 / 224
2022
Flag → Flag
Top Product $4.28MCranes
2022
Flag → Flag
Exports $397kRnk 8 / 75
2022
Flag → Flag
Top Product $151kMetal Stoppers
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

United Kingdom-Eritrea Trade: In 2022, United Kingdom exported $7.22M to Eritrea. The main products that United Kingdom exported to Eritrea were Cranes ($4.28M), Excavation Machinery ($1.42M), and Water and Gas Generators ($382k). Over the past 5 years the exports of United Kingdom to Eritrea have increased at an annualized rate of 40.7%, from $1.31M in 2017 to $7.22M in 2022.

In 2022, United Kingdom did not export any services to Eritrea.

Eritrea-United Kingdom Trade: In 2022, Eritrea exported $397k to United Kingdom. The main products that Eritrea exported to United Kingdom were Metal Stoppers ($151k), Beer ($122k), and Rubber Pipes ($32.9k). Over the past 5 years the exports of Eritrea to United Kingdom have increased at an annualized rate of 56%,  from $11.3k in 2017 to $397k in 2022.

In 2022, Eritrea did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, United Kingdom exported £52.4k and imported £12.7k from Eritrea, resulting in a positive trade balance of £39.7k. Between September 2023 and September 2024 the exports of United Kingdom have increased by £42.7k (438%) from £9.74k to £52.4k, while imports increased by £2.94k (30%) from £9.78k to £12.7k.

Trade In September 2024, the top exports of United Kingdom to Eritrea were Excavation Machinery (£413k), Refined Petroleum (£24.1k), Worked Ivory and Bone (£19.4k), Unsaturated Acyclic Monocarboxylic Acids (£2.6k), and Commodities not elsewhere specified (£2.07k). In September 2024 the top imports of United Kingdom from Eritrea were .

Origins In September 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£30.9k), East Midlands Airport (£9.46k), and London Gateway (£9.26k), while imports destinations were mainly N/A.

Growth In September 2024, the increase in United Kingdom's year-by-year exports to Eritrea was explained primarily by an increase in product exports in Excavation Machinery (£381k or 1.21k%) and Commodities not elsewhere specified (£1.03k or 99.5%). In August 2024, the increase in United Kingdom's year-by-year imports  from Eritrea was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)£42.7k(438%)
IMPORT GROWTH (August 2023 - August 2024)£2.94k(30%)
MAIN EXPORTER (September 2024)London Heathrow Airport£30.9k

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

To check Eritrea and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Eritrea and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $7.22M to Eritrea. The main products exported from United Kingdom to Eritrea were Cranes ($4.28M), Excavation Machinery ($1.42M), and Water and Gas Generators ($382k). During the last 5 years the exports of United Kingdom to Eritrea have increased at an annualized rate of 40.7%, from $1.31M in 2017 to $7.22M in 2022.

In 2017, Eritrea exported $397k to United Kingdom. The main products exported from Eritrea to United Kingdom were Metal Stoppers ($151k), Beer ($122k), and Rubber Pipes ($32.9k). During the last 5 years the exports of Eritrea to United Kingdom have increased at an annualized rate of 56%, from $11.3k in 2022 to $397k in 2017.

Exports from United Kingdom (Flag) to Eritrea (Flag) (2022)

Exports from Eritrea (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
Eritrea
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Eritrea (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Eritrea

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Eritrea in the exports of Machines ($6.71M), Plastics and Rubbers ($201k), and Chemical Products ($66.9k).

During 2017, Eritrea had a large net trade with United Kingdom in the exports of Metals ($157k), Foodstuffs ($133k), and Instruments ($37.1k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Eritrea (Flag) (2022)

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