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2022
Flag → Flag
Exports $9.56kRnk 42 / 75
2022
Flag → Flag
Top Product $8.58kBeer
2022
Flag → Flag
Exports $2.98MRnk 180 / 222
2022
Flag → Flag
Top Product $1.62MVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
 GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Eritrea-Belgium Trade: In 2022, Eritrea exported $9.56k 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 increased at an annualized rate of 119%, from $188 in 2017 to $9.56k in 2022.

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

Belgium-Eritrea Trade: In 2022, Belgium exported $2.98M 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 decreased at an annualized rate of 4.36%,  from $3.89M in 2017 to $2.98M in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Eritrea exported $9.56k to Belgium. The main products exported from Eritrea to Belgium were Beer ($8.58k), Centrifuges ($932), and Knit T-shirts ($26). During the last 5 years the exports of Eritrea to Belgium have increased at an annualized rate of 119%, from $188 in 2017 to $9.56k in 2022.

In 2017, Belgium exported $2.98M 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 decreased at an annualized rate of 4.36%, from $3.89M in 2022 to $2.98M in 2017.

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

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

Latest Data

Trade between Eritrea (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Eritrea
Top DestinationChina$412M
Belgium
Top DestinationGermany$91.9B

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

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

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

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

Comparative Advantage Eritrea - Belgium

Flow
Scale

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

During 2022, Eritrea had a large net trade with Belgium in the exports of Foodstuffs ($8.58k), Machines ($932), and Textiles ($26).

During 2017, Belgium had a large net trade with Eritrea in the exports of Chemical Products ($1.72M), Foodstuffs ($537k), and Machines ($512k).

Economic Complexity

Competitive Landscape

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

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

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