2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC 
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Belgium-Eritrea Trade: In 2022, Belgium exported $3.89M to Eritrea. The main products that Belgium exported to Eritrea were Vaccines, blood, antisera, toxins and cultures ($1.62M), Malt Extract ($537k), and Centrifuges ($235k). Over the past 5 years the exports of Belgium to Eritrea have increased at an annualized rate of 2.29%, from $3.48M in 2017 to $3.89M in 2022.

In 2022, Belgium did not export any services to Eritrea.

Eritrea-Belgium Trade: In 2022, Eritrea exported $188 to Belgium. The main products that Eritrea exported to Belgium were Beer ($8.58k), Centrifuges ($932), and Knit T-shirts ($26). Over the past 5 years the exports of Eritrea to Belgium have decreased at an annualized rate of 57.3%,  from $13.3k in 2017 to $188 in 2022.

In 2022, Eritrea did not export any services to Belgium.

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $3.89M to Eritrea. The main products exported from Belgium to Eritrea were Vaccines, blood, antisera, toxins and cultures ($1.62M), Malt Extract ($537k), and Centrifuges ($235k). During the last 5 years the exports of Belgium to Eritrea have increased at an annualized rate of 2.29%, from $3.48M in 2017 to $3.89M in 2022.

In 2017, Eritrea exported $188 to Belgium. The main products exported from Eritrea to Belgium were Beer ($8.58k), Centrifuges ($932), and Knit T-shirts ($26). During the last 18 years the exports of Eritrea to Belgium have decreased at an annualized rate of 57.3%, from $13.3k in 1999 to $188 in 2017.

Exports from Belgium (Flag) to Eritrea (Flag) (2022)

Exports from Eritrea (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Eritrea
Top Destination
China$412M

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

In 2022, countries that imported more from Belgium than Eritrea included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, no countries were registered that imported more from Eritrea than from Belgium.

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

Comparative Advantage Belgium - Eritrea

Flow
Scale

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

During 2022, Belgium had a large net trade with Eritrea in the exports of Chemical Products ($1.72M), Foodstuffs ($537k), and Machines ($512k).

During 2017, Eritrea had a large net trade with Belgium in the exports of Foodstuffs ($8.58k), Machines ($932), and Textiles ($26).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Eritrea+N/AN/A
Top Product Potential Eritrea Belgium+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Belgium (Flag) and Eritrea (Flag) (2022)

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