2023
Flag  
GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC 
$7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195

About

Thailand-Eritrea Trade: In 2023, Thailand exported $221k to Eritrea. The main products that Thailand exported to Eritrea were Rubber Apparel ($89.4k), Cars ($87.8k), and Other Plastic Products ($18.7k). Over the past 5 years the exports of Thailand to Eritrea have decreased at an annualized rate of 58.3%, from $17.5M in 2018 to $221k in 2023.

In 2023, Thailand did not export any services to Eritrea.

Eritrea-Thailand Trade: In 2023, Eritrea exported $503 to Thailand. The main products that Eritrea exported to Thailand were Non-Knit Women's Shirts ($144), Low-voltage Protection Equipment ($118), and Transmissions ($101). Over the past 5 years the exports of Eritrea to Thailand have decreased at an annualized rate of 51.2%,  from $18.1k in 2018 to $503 in 2023.

In 2023, Eritrea did not export any services to Thailand.

Comparison In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 25 in total exports ($332B). 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, Thailand exported $221k to Eritrea. The main products exported from Thailand to Eritrea were Rubber Apparel ($89.4k), Cars ($87.8k), and Other Plastic Products ($18.7k). During the last 5 years the exports of Thailand to Eritrea have decreased at an annualized rate of 58.3%, from $17.5M in 2018 to $221k in 2023.

In 2018, Eritrea exported $503 to Thailand. The main products exported from Eritrea to Thailand were Non-Knit Women's Shirts ($144), Low-voltage Protection Equipment ($118), and Transmissions ($101). During the last 5 years the exports of Eritrea to Thailand have decreased at an annualized rate of 51.2%, from $18.1k in 2023 to $503 in 2018.

Exports from Thailand (Flag) to Eritrea (Flag) (2023)

Exports from Eritrea (Flag) to Thailand (Flag) (2023)

Latest Data

Trade between Thailand (Flag) and Eritrea (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$58.5B
Eritrea
Top Destination
China$355M

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

In 2023, countries that imported more from Thailand than Eritrea included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Difference in imports from Eritrea (Flag) and Thailand (Flag) (2023)

Comparative Advantage Thailand - Eritrea

Flow
Scale

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

During 2023, Thailand had a large net trade with Eritrea in the exports of Plastics and Rubbers ($113k), Transportation ($87.8k), and Machines ($13.9k).

During 2018, Eritrea had a large net trade with Thailand in the exports of Machines ($310), Textiles ($144), and Miscellaneous ($49).

Economic Complexity

Competitive Landscape

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

Product Space of Thailand (Flag) and Eritrea (Flag) (2023)

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