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Pricing

2021
Flag → Flag
Exports $9.19MRnk 44 / 0
2021
Flag → Flag
Exports $131kRnk 17 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.42Rnk 45 / 124
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Russia-Eritrea In 2021, Russia exported $9.19M to Eritrea. The main products that Russia exported to Eritrea are N/A. During the last 25 years the exports of Russia to Eritrea have increased at an annualized rate of 17.1%, from $178k in 1996 to $9.19M in 2021.

In 2020, Russia exported services to Eritrea worth $11k, with Financial services ($8k) and Communications services ($3k) being the largest in terms of value.

Eritrea-Russia In 2021, Eritrea exported $131k to Russia. The main products that Eritrea exported to Russia were N/A. During the last 25 years the exports of Eritrea to Russia have increased at an annualized rate of 15.3%, from $3.74k in 1996 to $131k in 2021.

In 2021, Eritrea did not export any services to Russia.

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42),  and 12 in total exports ($486B). That same year, Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $369k and imported $9.14k from Eritrea, resulting in a positive trade balance of $360k. Between January 2021 and January 2022 the exports of Russia have decreased by $-7.76M (-95.5%) from $8.13M to $369k, while imports increased by $2.9k (46.5%) from $6.24k to $9.14k.

Trade In January 2022, the top exports of Russia to Eritrea were Wheat ($8.13M). In January 2022 the top imports of Russia from Eritrea were Non-Knit Men's Suits ($6.24k).

Origins In January 2022 the exports of Russia were mainly from SVERDLOVSK REGION ($369k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($9.13k) and MOSCOW REGION ($10).

Growth In January 2022, the decrease in Russia's year-by-year exports to Eritrea was explained primarily by an decrease in product exports in . In January 2022, the increase in Russia's year-by-year imports  from Eritrea was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2021 - January 2022)$-7.76M(-95.5%)
IMPORT GROWTH (January 2021 - January 2022)$2.9k(46.5%)
MAIN EXPORTER (January 2022)SVERDLOVSK REGION$369k

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

To check Eritrea and Russia 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 2021, Russia exported $9.19M to Eritrea. There were not main exports from Russia to Eritrea in 2021. During the last 25 years the exports of Russia to Eritrea have increased at an annualized rate of 17.1%, from $178k in 1996 to $9.19M in 2021.

In 2021, Eritrea exported $131k to Russia. There were not main exports from Eritrea to Russia in 2021. During the last 20 years the exports of Eritrea to Russia have increased at an annualized rate of 15.3%, from $3.74k in 2001 to $131k in 2021.

Exports from Russia (Flag) to Eritrea (Flag) (2021)

Exports from Eritrea (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Eritrea
Top DestinationChina$412M

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

In 2021, countries that imported more from Russia than Eritrea were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Eritrea than Russia were Madagascar ($14.9M) and Zambia ($639).

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

Comparative Advantage Russia - Eritrea

Flow
Scale

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

During 2021, Russia had a large net trade with Eritrea in the exports of .

During 2021, Eritrea had a large net trade with Russia in the exports of .

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Eritrea worth $11k, with Financial services ($8k) and Communications services ($3k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Eritrea (Flag) (2020)

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 Russia has comparative advantage over Eritrea. Similarly, the more yellow a dot/product is, the more Eritrea has comparative advantage over Russia.

Product Space of Russia (Flag) and Eritrea (Flag) (2021)

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