2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Netherlands-Eritrea Trade: In 2023, Netherlands exported $12.2M to Eritrea. The main products that Netherlands exported to Eritrea were Drilling Machines ($4.2M), Malt ($1.75M), and Other Plastic Products ($1.09M). Over the past 5 years the exports of Netherlands to Eritrea have increased at an annualized rate of 20%, from $4.92M in 2018 to $12.2M in 2023.

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

Eritrea-Netherlands Trade: In 2023, Eritrea exported $22.2k to Netherlands. The main products that Eritrea exported to Netherlands were Hard Liquor ($14.4k), Beer ($7.09k), and Other Edible Preparations ($315). Over the past 5 years the exports of Eritrea to Netherlands have increased at an annualized rate of 3.83%,  from $18.4k in 2018 to $22.2k in 2023.

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

Comparison In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08),  and 9 in total exports ($599B). That same year, Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $12.2M to Eritrea. The main products exported from Netherlands to Eritrea were Drilling Machines ($4.2M), Malt ($1.75M), and Other Plastic Products ($1.09M). During the last 5 years the exports of Netherlands to Eritrea have increased at an annualized rate of 20%, from $4.92M in 2018 to $12.2M in 2023.

In 2018, Eritrea exported $22.2k to Netherlands. The main products exported from Eritrea to Netherlands were Hard Liquor ($14.4k), Beer ($7.09k), and Other Edible Preparations ($315). During the last 5 years the exports of Eritrea to Netherlands have increased at an annualized rate of 3.83%, from $18.4k in 2023 to $22.2k in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Eritrea
Top Destination
China$355M

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

In 2023, countries that imported more from Netherlands than Eritrea included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

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

Comparative Advantage Netherlands - Eritrea

Flow
Scale

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

During 2023, Netherlands had a large net trade with Eritrea in the exports of Machines ($6.02M), Vegetable Products ($1.77M), and Instruments ($1.47M).

During 2018, Eritrea had a large net trade with Netherlands in the exports of Foodstuffs ($21.8k), Textiles ($241), and Machines ($91).

Economic Complexity

Competitive Landscape

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

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

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