2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

India-Eritrea Trade: In 2022, India exported $17.5M to Eritrea. The main products that India exported to Eritrea were Raw Sugar ($7M), Packaged Medicaments ($3.38M), and Animal Food ($1.22M). Over the past 5 years the exports of India to Eritrea have increased at an annualized rate of 20.3%, from $6.95M in 2017 to $17.5M in 2022.

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

Eritrea-India Trade: In 2022, Eritrea exported $3.25k to India. The main products that Eritrea exported to India were Paper Labels ($2k), Surveying Equipment ($523), and Blank Audio Media ($379). Over the past 5 years the exports of Eritrea to India have decreased at an annualized rate of 74.7%,  from $3.15M in 2017 to $3.25k in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). 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, India exported $17.5M to Eritrea. The main products exported from India to Eritrea were Raw Sugar ($7M), Packaged Medicaments ($3.38M), and Animal Food ($1.22M). During the last 5 years the exports of India to Eritrea have increased at an annualized rate of 20.3%, from $6.95M in 2017 to $17.5M in 2022.

In 2017, Eritrea exported $3.25k to India. The main products exported from Eritrea to India were Paper Labels ($2k), Surveying Equipment ($523), and Blank Audio Media ($379). During the last 5 years the exports of Eritrea to India have decreased at an annualized rate of 74.7%, from $3.15M in 2022 to $3.25k in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Eritrea
Top Destination
China$412M

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

In 2022, countries that imported more from India than Eritrea included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from Eritrea than from India.

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

Comparative Advantage India - Eritrea

Flow
Scale

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

During 2022, India had a large net trade with Eritrea in the exports of Foodstuffs ($8.62M), Chemical Products ($4.93M), and Instruments ($1.11M).

During 2017, Eritrea had a large net trade with India in the exports of Paper Goods ($2k), Instruments ($523), and Machines ($379).

Economic Complexity

Competitive Landscape

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

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

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