NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $367kRnk 195 / 219
2023
Flag → Flag
Top Product $142kIron Structures
2023
Flag → Flag
Exports $183kRnk 18 / 74
2023
Flag → Flag
Top Product $63.2kNon-Knit Women's Suits
2023
Flag
Economic Complexity (ECI) ECI 1.96Rnk 3 / 132
2023
Flag  
GDP$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 125 / 195
2023
Flag
GDP PC $99,565CURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 122 / 195

About

Switzerland-Eritrea Trade: In 2023, Switzerland exported $367k to Eritrea. The main products that Switzerland exported to Eritrea were Iron Structures ($142k), Pasta ($65.5k), and Other Wood Articles ($44.5k). Over the past 5 years the exports of Switzerland to Eritrea have decreased at an annualized rate of 6.1%, from $502k in 2018 to $367k in 2023.

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

Eritrea-Switzerland Trade: In 2023, Eritrea exported $183k to Switzerland. The main products that Eritrea exported to Switzerland were Non-Knit Women's Suits ($63.2k), Non-Knit Men's Suits ($27.6k), and Beer ($23.8k). Over the past 5 years the exports of Eritrea to Switzerland have increased at an annualized rate of 11.2%,  from $96.7k in 2018 to $183k in 2023.

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

Comparison In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96),  and 17 in total exports ($398B). 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, Switzerland exported $367k to Eritrea. The main products exported from Switzerland to Eritrea were Iron Structures ($142k), Pasta ($65.5k), and Other Wood Articles ($44.5k). During the last 5 years the exports of Switzerland to Eritrea have decreased at an annualized rate of 6.1%, from $502k in 2018 to $367k in 2023.

In 2018, Eritrea exported $183k to Switzerland. The main products exported from Eritrea to Switzerland were Non-Knit Women's Suits ($63.2k), Non-Knit Men's Suits ($27.6k), and Beer ($23.8k). During the last 5 years the exports of Eritrea to Switzerland have increased at an annualized rate of 11.2%, from $96.7k in 2023 to $183k in 2018.

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

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

Latest Data

Trade between Switzerland (Flag) and Eritrea (Flag)

Switzerland Exports

Market Competitiveness

Color
Switzerland
Top DestinationGermany$53.8B
Eritrea
Top DestinationChina$355M

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

In 2023, countries that imported more from Switzerland than Eritrea included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

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

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

Comparative Advantage Switzerland - Eritrea

Flow
Scale

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

During 2023, Switzerland had a large net trade with Eritrea in the exports of Metals ($147k), Foodstuffs ($65.5k), and Wood Products ($44.7k).

During 2018, Eritrea had a large net trade with Switzerland in the exports of Textiles ($123k), Foodstuffs ($45.4k), and Vegetable Products ($9.44k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms