Trade Trend

In 2023, Eritrea's total export value is 432.30Million USD, total import value is 314.16Million USD, Surplus is 118.15Million USD. In 2023，Eritrea's top export products are Zinc ores and concentrates(230.15Million USD), Copper ores and concentrates(190.42Million USD), Suits, ensembles, jackets, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts (other than swimwear); womens or girls (not knitted or crocheted)(4.12Million USD), top export destinations are China(354.88Million USD), South Korea(42.27Million USD), Philippines(23.84Million USD). In 2023, Eritrea's top import products are Vehicles; for the transport of goods(27.97Million USD), Grain sorghum(27.33Million USD), Wheat or meslin flour(22.27Million USD), top import origins are China(138.96Million USD), Turkey(39.31Million USD), United States(31.72Million USD).

Comparing to 2022, Eritrea's total export value decreased -134.23Million USD(-23.69%) in 2023, this could result from its export decreases of products such as Zinc ores and concentrates(-113.04Million USD or -32.94%), Copper ores and concentrates(-23.36Million USD or -10.93%), Singlets and other vests, underpants, briefs, nightshirts, pyjamas, bathrobes, dressing gowns and similar articles; mens or boys (not knitted or crocheted)(-661.08Thousands USD or -64.95%) and export decreases to countries/economics such as China(-102.86Million USD or -22.47%), South Korea(-39.69Million USD or -48.42%), Japan(-17.34Million USD or -99.76%). Comparing to 2022, Eritrea's total import value decreased -16.69Million USD(-5.04%) in 2023, this could result from its import decreases of products such as Sunflower seed, safflower or cottonseed oil and their fractions; whether or not refined, but not chemically modified(-12.35Million USD or -97.18%), New pneumatic tyres, of rubber(-4.46Million USD or -36.46%), Fertilizers; mineral or chemical, nitrogenous(-4.44Million USD or -64.89%), and its import decreases from countries/economies such as Turkey(-14.48Million USD or -26.92%), China(-9.03Million USD or -6.10%), Spain(-3.23Million USD or -46.00%).

Cumulated to first 6 months of 2024, Eritrea's total export value is 151.18Million USD, total import value is 81.31Million USD, and tradesurplus is 69.87Million USD. Cumulated to first 6 months of 2024, Eritrea's top export products are Copper ores and concentrates(76.13Million USD), Zinc ores and concentrates(67.40Million USD), Suits, ensembles, jackets, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts (other than swimwear); womens or girls (not knitted or crocheted)(3.23Million USD), and top export destinations are China(133.92Million USD), South Korea(9.80Million USD), Croatia(2.76Million USD). Cumulated to first 6 months of 2024, Eritrea's top import products are Copper ores and concentrates(76.13Million USD), Zinc ores and concentrates(67.40Million USD), Suits, ensembles, jackets, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts (other than swimwear); womens or girls (not knitted or crocheted)(3.23Million USD), and top import origins areChina(50.38Million USD), Italy(7.57Million USD), Turkey(4.83Million USD).