2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

United Kingdom-Eritrea In 2022, United Kingdom exported $7.22M to Eritrea. The main products that United Kingdom exported to Eritrea are Cranes ($4.28M), Excavation Machinery ($1.42M), and Water and Gas Generators ($382k). During the last 27 years the exports of United Kingdom to Eritrea have increased at an annualized rate of 6.9%, from $1.19M in 1995 to $7.22M in 2022.

In 2022, United Kingdom did not export any services to Eritrea.

Eritrea-United Kingdom In 2022, Eritrea exported $397k to United Kingdom. The main products that Eritrea exported to United Kingdom were Metal Stoppers ($151k), Beer ($122k), and Rubber Pipes ($32.9k). During the last 27 years the exports of Eritrea to United Kingdom have increased at an annualized rate of 7.16%, from $61.4k in 1995 to $397k in 2022.

In 2022, Eritrea did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $7.22M to Eritrea. The main products exported from United Kingdom to Eritrea were Cranes ($4.28M), Excavation Machinery ($1.42M), and Water and Gas Generators ($382k). During the last 27 years the exports of United Kingdom to Eritrea have increased at an annualized rate of 6.9%, from $1.19M in 1995 to $7.22M in 2022.

In 2022, Eritrea exported $397k to United Kingdom. The main products exported from Eritrea to United Kingdom were Metal Stoppers ($151k), Beer ($122k), and Rubber Pipes ($32.9k). During the last 27 years the exports of Eritrea to United Kingdom have increased at an annualized rate of 7.16%, from $61.4k in 1995 to $397k in 2022.

Exports from United Kingdom (Flag) to Eritrea (Flag) (2022)

Exports from Eritrea (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
N/AN/A
Eritrea
Top Destination
N/AN/A

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.

N/A

N/A

Difference in imports from Eritrea (Flag) and United Kingdom (Flag) (2022)

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 2022, United Kingdom had a large net trade with Eritrea in the exports of Machines ($6.71M), Plastics and Rubbers ($201k), and Chemical Products ($66.9k).

During 2022, Eritrea had a large net trade with United Kingdom in the exports of Metals ($157k), Foodstuffs ($133k), and Instruments ($37.1k).

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 United Kingdom has comparative advantage over Eritrea. Similarly, the more yellow a dot/product is, the more Eritrea has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Eritrea (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with