2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Eritrea-Azerbaijan Trade: In 2022, Eritrea exported $16.5k to Azerbaijan. The main products that Eritrea exported to Azerbaijan were Non-Knit Women's Suits ($10k), Knit Men's Shirts ($2.63k), and Other Women's Undergarments ($1.33k). Over the past 5 years the exports of Eritrea to Azerbaijan have increased at an annualized rate of 182%, from $93 in 2017 to $16.5k in 2022.

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

Azerbaijan-Eritrea In false, Azerbaijan did not export any products to Eritrea.

In 2022, Azerbaijan 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, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Eritrea exported $16.5k to Azerbaijan. The main products exported from Eritrea to Azerbaijan were Non-Knit Women's Suits ($10k), Knit Men's Shirts ($2.63k), and Other Women's Undergarments ($1.33k). During the last 5 years the exports of Eritrea to Azerbaijan have increased at an annualized rate of 182%, from $93 in 2017 to $16.5k in 2022.

Azerbaijan does not register exports to Eritrea.

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

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

Market Competitiveness

Color
Eritrea
Top Destination
China$412M
Azerbaijan
Top Destination
Italy$18.3B

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

In 2022, countries that imported more from Eritrea than Azerbaijan included China ($412M), United Arab Emirates ($263M), and South Korea ($74.3M).

In 2022, countries that imported more from Azerbaijan than Eritrea included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Eritrea - Azerbaijan

Flow
Scale

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

During 2022, Eritrea had a large net trade with Azerbaijan in the exports of Textiles ($16.5k).

Economic Complexity

Competitive Landscape

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

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

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