2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Saudi Arabia-Eritrea Trade: In 2023, Saudi Arabia exported $3.7M to Eritrea. The main products that Saudi Arabia exported to Eritrea were Quicklime ($1.55M), Interior Decorative Glassware ($521k), and Sulfites ($507k). Over the past 5 years the exports of Saudi Arabia to Eritrea have decreased at an annualized rate of 8.16%, from $5.66M in 2018 to $3.7M in 2023.

In 2023, Saudi Arabia did not export any services to Eritrea.

Eritrea-Saudi Arabia Trade: In 2023, Eritrea exported $63.2k to Saudi Arabia. The main products that Eritrea exported to Saudi Arabia were Valves ($55.6k), Other Measuring Instruments ($4.73k), and Non-Knit Women's Suits ($2k). Over the past 5 years the exports of Eritrea to Saudi Arabia have decreased at an annualized rate of 13.8%,  from $132k in 2018 to $63.2k in 2023.

In 2023, Eritrea did not export any services to Saudi Arabia.

Comparison In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76),  and 26 in total exports ($300B). That same year, Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saudi Arabia exported $3.7M to Eritrea. The main products exported from Saudi Arabia to Eritrea were Quicklime ($1.55M), Interior Decorative Glassware ($521k), and Sulfites ($507k). During the last 5 years the exports of Saudi Arabia to Eritrea have decreased at an annualized rate of 8.16%, from $5.66M in 2018 to $3.7M in 2023.

In 2018, Eritrea exported $63.2k to Saudi Arabia. The main products exported from Eritrea to Saudi Arabia were Valves ($55.6k), Other Measuring Instruments ($4.73k), and Non-Knit Women's Suits ($2k). During the last 5 years the exports of Eritrea to Saudi Arabia have decreased at an annualized rate of 13.8%, from $132k in 2023 to $63.2k in 2018.

Exports from Saudi Arabia (Flag) to Eritrea (Flag) (2023)

Exports from Eritrea (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Eritrea (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Eritrea
Top Destination
China$355M

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

In 2023, countries that imported more from Saudi Arabia than Eritrea included China ($64.4B), India ($34.8B), and Japan ($34.7B).

In 2023, countries that imported more from Eritrea than Saudi Arabia included Israel ($39k) and Andorra ($1.21k).

Difference in imports from Eritrea (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Eritrea

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Eritrea in the exports of Mineral Products ($1.55M), Stone And Glass ($645k), and Chemical Products ($607k).

During 2018, Eritrea had a large net trade with Saudi Arabia in the exports of Machines ($56.4k), Instruments ($4.73k), and Textiles ($2k).

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Eritrea (Flag) (2023)

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