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 In 2022, India exported $17.5M to Eritrea. The main products that India exported to Eritrea are Raw Sugar ($7M), Packaged Medicaments ($3.38M), and Animal Food ($1.22M). During the last 19 years the exports of India to Eritrea have decreased at an annualized rate of 2.98%, from $31.1M in 2003 to $17.5M in 2022.

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

Eritrea-India 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). During the last 19 years the exports of Eritrea to India have decreased at an annualized rate of 21.9%, from $352k in 2003 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 19 years the exports of India to Eritrea have decreased at an annualized rate of 2.98%, from $31.1M in 2003 to $17.5M in 2022.

In 2022, 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 19 years the exports of Eritrea to India have decreased at an annualized rate of 21.9%, from $352k in 2003 to $3.25k in 2022.

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 2021, countries that imported more from India than Eritrea were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2019, 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 2022, 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 show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more India has comparative advantage over Eritrea. Similarly, the more yellow a dot/product is, the more Eritrea has comparative advantage over India.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with