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Exports In 2022, Eritrea exported $2.31k in Lubricating Products, making it the 150th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 93rd most exported product in Eritrea. The main destination of Lubricating Products exports from Eritrea are: Norway ($955), Indonesia ($729), New Zealand ($359), Philippines ($263), and South Africa ($1).

The fastest growing export markets for Lubricating Products of Eritrea between 2021 and 2022 were Indonesia ($729), New Zealand ($359), and Philippines ($263).

Imports In 2022, Eritrea imported $546k in Lubricating Products, becoming the 164th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 110th most imported product in Eritrea. Eritrea imports Lubricating Products primarily from: United Arab Emirates ($490k), Turkey ($40.3k), Germany ($10.2k), China ($4.13k), and Netherlands ($411).

The fastest growing import markets in Lubricating Products for Eritrea between 2021 and 2022 were United Arab Emirates ($399k), Turkey ($40.3k), and Netherlands ($411).

Latest Trends

Jul 2024

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 Lubricating Products. 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 (2022)$2.31k
IMPORTS (2022)$546k
NET TRADE (2022)-$544k

In 2022, Eritrea exported $2.31k in Lubricating Products. The main destinations of Eritrea exports on Lubricating Products were Norway ($955), Indonesia ($729), New Zealand ($359), Philippines ($263), and South Africa ($1).

In 2022, Eritrea imported $546k in Lubricating Products, mainly from United Arab Emirates ($490k), Turkey ($40.3k), Germany ($10.2k), China ($4.13k), and Netherlands ($411).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Eritrea WERE (2021 - 2022):
Indonesia$729 (1%)
New Zealand$359 (1%)
Philippines$263 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Eritrea WERE (2021 - 2022):
Norway-$1.66k (-63.5%)
Nigeria-$92 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Eritrea's main exporting competitors in Lubricating Products were:
In 2022, Eritrea's main importing competitors in Lubricating Products were:
China $1.71B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

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

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