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2022
Flag → Flag
Exports $210Rnk 69 / 75
2022
Flag → Flag
Top Product $73Knit Socks and Hosiery
2022
Flag → Flag
Exports $220kRnk 195 / 217
2022
Flag → Flag
Top Product $97.4kChemical Analysis Instruments
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Eritrea-Austria Trade: In 2022, Eritrea exported $210 to Austria. The main products that Eritrea exported to Austria were Knit Socks and Hosiery ($73), Vaccines, blood, antisera, toxins and cultures ($72), and Video and Card Games ($65). Over the past 5 years the exports of Eritrea to Austria have decreased at an annualized rate of 42.6%, from $3.36k in 2017 to $210 in 2022.

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

Austria-Eritrea Trade: In 2022, Austria exported $220k to Eritrea. The main products that Austria exported to Eritrea were Chemical Analysis Instruments ($97.4k), Centrifuges ($17.8k), and Other Heating Machinery ($17.6k). Over the past 5 years the exports of Austria to Eritrea have decreased at an annualized rate of 42.1%,  from $3.38M in 2017 to $220k in 2022.

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

Comparison In 2022,  Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Eritrea exported $210 to Austria. The main products exported from Eritrea to Austria were Knit Socks and Hosiery ($73), Vaccines, blood, antisera, toxins and cultures ($72), and Video and Card Games ($65). During the last 5 years the exports of Eritrea to Austria have decreased at an annualized rate of 42.6%, from $3.36k in 2017 to $210 in 2022.

In 2017, Austria exported $220k to Eritrea. The main products exported from Austria to Eritrea were Chemical Analysis Instruments ($97.4k), Centrifuges ($17.8k), and Other Heating Machinery ($17.6k). During the last 5 years the exports of Austria to Eritrea have decreased at an annualized rate of 42.1%, from $3.38M in 2022 to $220k in 2017.

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

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

Latest Data

Trade between Eritrea (Flag) and Austria (Flag)

Austria Exports

Market Competitiveness

Color
Eritrea
Top DestinationChina$412M
Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Eritrea than Austria included Madagascar ($14.9M).

In 2022, countries that imported more from Austria than Eritrea included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Eritrea - Austria

Flow
Scale

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

During 2022, Eritrea had a large net trade with Austria in the exports of Textiles ($73), Chemical Products ($72), and Miscellaneous ($65).

During 2017, Austria had a large net trade with Eritrea in the exports of Machines ($117k), Instruments ($98.5k), and Plastics and Rubbers ($3.59k).

Economic Complexity

Competitive Landscape

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

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

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