2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Eritrea-Italy In 2022, Eritrea exported $3.26M to Italy. The main products that Eritrea exported to Italy are Non-Knit Men's Shirts ($1.9M), Non-Knit Men's Undergarments ($1.05M), and Non-Knit Women's Shirts ($152k). During the last 27 years the exports of Eritrea to Italy have increased at an annualized rate of 11.7%, from $164k in 1995 to $3.26M in 2022.

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

Italy-Eritrea In 2022, Italy exported $15.3M to Eritrea. The main products that Italy exported to Eritrea were Vaccines, blood, antisera, toxins and cultures ($3.99M), Buses ($1.61M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.1M). During the last 27 years the exports of Italy to Eritrea have decreased at an annualized rate of 2.25%, from $28.3M in 1995 to $15.3M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Eritrea exported $3.26M to Italy. The main products exported from Eritrea to Italy were Non-Knit Men's Shirts ($1.9M), Non-Knit Men's Undergarments ($1.05M), and Non-Knit Women's Shirts ($152k). During the last 27 years the exports of Eritrea to Italy have increased at an annualized rate of 11.7%, from $164k in 1995 to $3.26M in 2022.

In 2022, Italy exported $15.3M to Eritrea. The main products exported from Italy to Eritrea were Vaccines, blood, antisera, toxins and cultures ($3.99M), Buses ($1.61M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.1M). During the last 27 years the exports of Italy to Eritrea have decreased at an annualized rate of 2.25%, from $28.3M in 1995 to $15.3M in 2022.

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

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

Latest Data

Trade between Eritrea (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Eritrea
Top Destination
China$412M
Italy
Top Destination
Germany$78.5B

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

In 2019, no countries were registered that imported more from Eritrea than from Italy.

In 2021, countries that imported more from Italy than Eritrea were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Eritrea - Italy

Flow
Scale

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

During 2022, Eritrea had a large net trade with Italy in the exports of Textiles ($3.2M), Transportation ($46.2k), and Foodstuffs ($14k).

During 2022, Italy had a large net trade with Eritrea in the exports of Chemical Products ($4.61M), Transportation ($3.22M), and Machines ($2.52M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Eritrea has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Eritrea.

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

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