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Pricing

2023
Flag → Flag
Exports $4.38MRnk 186 / 223
2023
Flag → Flag
Top Product $2.66MExcavation Machinery
2023
Flag → Flag
Exports $151kRnk 19 / 74
2023
Flag → Flag
Top Product $76.9kBeer
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

United Kingdom-Eritrea Trade: In 2023, United Kingdom exported $4.38M to Eritrea. The main products that United Kingdom exported to Eritrea were Excavation Machinery ($2.66M), Refined Petroleum ($588k), and Broadcasting Equipment ($345k). Over the past 5 years the exports of United Kingdom to Eritrea have decreased at an annualized rate of 4.24%, from $5.45M in 2018 to $4.38M in 2023.

In 2023, United Kingdom did not export any services to Eritrea.

Eritrea-United Kingdom Trade: In 2023, Eritrea exported $151k to United Kingdom. The main products that Eritrea exported to United Kingdom were Beer ($76.9k), Vaccines, blood, antisera, toxins and cultures ($57.8k), and Non-Knit Women's Shirts ($4.69k). Over the past 5 years the exports of Eritrea to United Kingdom have increased at an annualized rate of 24.8%,  from $40k in 2018 to $151k in 2023.

In 2023, Eritrea did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £65.7k and imported £12.1k from Eritrea, resulting in a positive trade balance of £53.6k. Between November 2023 and November 2024 the exports of United Kingdom have increased by £46.4k (239%) from £19.4k to £65.7k, while imports decreased by £-14.8k (-55%) from £27k to £12.1k.

Trade In November 2024, the top exports of United Kingdom to Eritrea were Excavation Machinery (£413k), Refined Petroleum (£24.1k), Worked Ivory and Bone (£19.4k), Unsaturated Acyclic Monocarboxylic Acids (£2.6k), and Commodities not elsewhere specified (£2.07k). In November 2024 the top imports of United Kingdom from Eritrea were .

Origins In November 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£32.8k), Southampton (£18.5k), and East Midlands Airport (£11.2k), while imports destinations were mainly N/A.

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Eritrea was explained primarily by an increase in product exports in Excavation Machinery (£381k or 1.21k%) and Commodities not elsewhere specified (£1.03k or 99.5%). In October 2024, the decrease in United Kingdom's year-by-year imports  from Eritrea was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£46.4k(239%)
IMPORT GROWTH (October 2023 - October 2024)£-14.8k(-55%)
MAIN EXPORTER (November 2024)London Heathrow Airport£32.8k

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Eritrea and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $4.38M to Eritrea. The main products exported from United Kingdom to Eritrea were Excavation Machinery ($2.66M), Refined Petroleum ($588k), and Broadcasting Equipment ($345k). During the last 5 years the exports of United Kingdom to Eritrea have decreased at an annualized rate of 4.24%, from $5.45M in 2018 to $4.38M in 2023.

In 2018, Eritrea exported $151k to United Kingdom. The main products exported from Eritrea to United Kingdom were Beer ($76.9k), Vaccines, blood, antisera, toxins and cultures ($57.8k), and Non-Knit Women's Shirts ($4.69k). During the last 5 years the exports of Eritrea to United Kingdom have increased at an annualized rate of 24.8%, from $40k in 2023 to $151k in 2018.

Exports from United Kingdom (Flag) to Eritrea (Flag) (2023)

Exports from Eritrea (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Eritrea
Top DestinationChina$355M

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

In 2023, countries that imported more from United Kingdom than Eritrea included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from Eritrea than from United Kingdom.

Difference in imports from Eritrea (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Eritrea

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Eritrea in the exports of Machines ($3.33M), Mineral Products ($588k), and Paper Goods ($182k).

During 2018, Eritrea had a large net trade with United Kingdom in the exports of Foodstuffs ($78.2k), Chemical Products ($59.1k), and Textiles ($7.03k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Eritrea (Flag) (2023)

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