2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Eritrea-Sweden Trade: In 2022, Eritrea exported $33.4k to Sweden. The main products that Eritrea exported to Sweden were Beer ($31.8k), Electrical Control Boards ($395), and Wood Crates ($365). Over the past 5 years the exports of Eritrea to Sweden have increased at an annualized rate of 30.3%, from $8.91k in 2017 to $33.4k in 2022.

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

Sweden-Eritrea Trade: In 2022, Sweden exported $1.69M to Eritrea. The main products that Sweden exported to Eritrea were Excavation Machinery ($359k), Flat Flat-Rolled Steel ($290k), and Used Clothing ($252k). Over the past 5 years the exports of Sweden to Eritrea have decreased at an annualized rate of 5.2%,  from $2.89M in 2017 to $1.69M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Eritrea exported $33.4k to Sweden. The main products exported from Eritrea to Sweden were Beer ($31.8k), Electrical Control Boards ($395), and Wood Crates ($365). During the last 5 years the exports of Eritrea to Sweden have increased at an annualized rate of 30.3%, from $8.91k in 2017 to $33.4k in 2022.

In 2017, Sweden exported $1.69M to Eritrea. The main products exported from Sweden to Eritrea were Excavation Machinery ($359k), Flat Flat-Rolled Steel ($290k), and Used Clothing ($252k). During the last 5 years the exports of Sweden to Eritrea have decreased at an annualized rate of 5.2%, from $2.89M in 2022 to $1.69M in 2017.

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

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

Latest Data

Trade between Eritrea (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Eritrea
Top Destination
China$412M
Sweden
Top Destination
Germany$19.2B

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

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

In 2022, countries that imported more from Sweden than Eritrea included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Eritrea - Sweden

Flow
Scale

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

During 2022, Eritrea had a large net trade with Sweden in the exports of Foodstuffs ($32.1k), Machines ($395), and Wood Products ($365).

During 2017, Sweden had a large net trade with Eritrea in the exports of Machines ($732k), Metals ($356k), and Textiles ($280k).

Economic Complexity

Competitive Landscape

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

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

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