2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Colombia-Eritrea Trade: In 2015, Colombia exported $9.43k to Eritrea. The main products that Colombia exported to Eritrea were N/A. Over the past 13 years the exports of Colombia to Eritrea have decreased at an annualized rate of 31.4%, from $1.25M in 2002 to $9.43k in 2015.

In 2015, Colombia did not export any services to Eritrea.

Eritrea-Colombia Trade: In 2015, Eritrea exported $26k to Colombia. The main products that Eritrea exported to Colombia were Electrical Transformers ($21.7k), Aluminium Structures ($3.44k), and Computers ($620). Over the past 13 years the exports of Eritrea to Colombia have increased at an annualized rate of 262%,  from $42 in 2002 to $26k in 2015.

In 2015, Eritrea did not export any services to Colombia.

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11),  and 53 in total exports ($60.3B). 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 2015, Colombia exported $9.43k to Eritrea. There were not main exports from Colombia to Eritrea in 2015. During the last 13 years the exports of Colombia to Eritrea have decreased at an annualized rate of 31.4%, from $1.25M in 2002 to $9.43k in 2015.

In 2017, Eritrea exported $26k to Colombia. The main products exported from Eritrea to Colombia were Electrical Transformers ($21.7k), Aluminium Structures ($3.44k), and Computers ($620). During the last 5 years the exports of Eritrea to Colombia have increased at an annualized rate of 262%, from $42 in 2022 to $26k in 2017.

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

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

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Eritrea
Top Destination
China$412M

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

In 2022, countries that imported more from Colombia than Eritrea included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, countries that imported more from Eritrea than Colombia included Madagascar ($14.9M), United Arab Emirates ($263M), and Croatia ($3.42M).

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

Comparative Advantage Colombia - Eritrea

Flow
Scale

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

During 2015, Colombia had a large net trade with Eritrea in the exports of .

During 2017, Eritrea had a large net trade with Colombia in the exports of Machines ($22.5k), Metals ($3.44k), and Plastics and Rubbers ($41).

Economic Complexity

Competitive Landscape

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

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

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