2022
Flag
 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Eritrea-Russia Trade: In 2021, Eritrea exported $131k to Russia. The main products that Eritrea exported to Russia were N/A. Over the past 5 years the exports of Eritrea to Russia have increased at an annualized rate of 21.5%, from $49.4k in 2016 to $131k in 2021.

In 2021, Eritrea did not export any services to Russia.

Russia-Eritrea In N/A, Russia did not export any products to Eritrea.

In 2020, Russia exported services to Eritrea worth $11k, with Financial services ($8k) and Communications services ($3k) being the largest in terms of value.

Comparison In 2022,  Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Eritrea exported $131k to Russia. There were not main exports from Eritrea to Russia in 2021. During the last 5 years the exports of Eritrea to Russia have increased at an annualized rate of 21.5%, from $49.4k in 2016 to $131k in 2021.

Russia does not register exports to Eritrea.

Exports from Eritrea (Flag) to Russia (Flag) (2021)

Exports from Russia (Flag) to Eritrea (Flag) (2021)

Latest Data

Trade between Eritrea (Flag) and Russia (Flag)

Russia Exports

Market Competitiveness

Color
Eritrea
Top Destination
China$412M
Russia
Top Destination
China$101B

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

In 2022, countries that imported more from Eritrea than Russia included Madagascar ($14.9M) and Zambia ($639).

In 2022, countries that imported more from Russia than Eritrea included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Eritrea - Russia

Flow
Scale

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

During 2021, Eritrea had a large net trade with Russia in the exports of .

Bilateral Service Trade

In 2020, Russia exported services to Eritrea worth $11k, with Financial services ($8k) and Communications services ($3k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Eritrea (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Eritrea (Flag) and Russia (Flag) (2021)

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