2023
Exports
$106kWorld Rnk 171 / 221
Flag Rnk 21 / 222
2023
PRODUCT COMPLEXITY IN Excavation Machinery
1.14Rnk 128 / 1025
2023
Imports
$13.4MWorld Rnk 140 / 224
Flag Rnk 7 / 689

About

Exports In 2023, Eritrea exported $106k in Excavation Machinery, making it the 171st largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 21st most exported product in Eritrea. The main destination of Excavation Machinery exports from Eritrea are: Angola ($63.5k), Ghana ($41.3k), Switzerland ($396), France ($279), and Sweden ($94).

The fastest growing export markets for Excavation Machinery of Eritrea between 2022 and 2023 were Angola ($63.5k), Ghana ($41.3k), and Switzerland ($396).

Imports In 2023, Eritrea imported $13.4M in Excavation Machinery, becoming the 140th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 7th most imported product in Eritrea. Eritrea imports Excavation Machinery primarily from: China ($3.17M), Belgium ($2.85M), United Kingdom ($2.66M), United Arab Emirates ($1.6M), and Netherlands ($922k).

The fastest growing import markets in Excavation Machinery for Eritrea between 2022 and 2023 were Belgium ($2.82M), United Kingdom ($1.25M), and Netherlands ($832k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Excavation Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$106k
IMPORTS (2023)$13.4M
NET TRADE (2023)-$13.3M

In 2023, Eritrea exported $106k in Excavation Machinery. The main destinations of Eritrea exports on Excavation Machinery were Angola ($63.5k), Ghana ($41.3k), Switzerland ($396), France ($279), and Sweden ($94).

In 2023, Eritrea imported $13.4M in Excavation Machinery, mainly from China ($3.17M), Belgium ($2.85M), United Kingdom ($2.66M), United Arab Emirates ($1.6M), and Netherlands ($922k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Eritrea WERE (2022 - 2023):
Angola$63.5k (1%)
Ghana$41.3k (1%)
Switzerland$396 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Eritrea WERE (2022 - 2023):
Thailand-$46.4k (-100%)
Poland-$10.7k (-100%)
Ireland-$1.92k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Eritrea's main exporting competitors in Excavation Machinery were:
In 2023, Eritrea's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

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N/A
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Excavation Machinery’s highest export potential is N/A. With an export gap of N/A.   Excavation Machinery’s highest import potential is N/A with an import gap of N/A.

See methodology.

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