Trade Trend

In 2024, Eritrea's total import value was $336,940,362, ranking 208 globally. Among them: The product with the highest import growth rate is Printed matter, n.e.c., including printed pictures and photographs, with a growth rate of 275895.76%. The import value of this product in Eritrea accounts for 0.03% of the global share. The product with the largest absolute increase in import value is Machinery for sorting, screening, separating, washing, crushing, grind……, with a growth rate of 243.10%. The import value of this product in Eritrea accounts for 0.13% of the global share. In 2024, Eritrea's total export value was $564,260,106, ranking 168 globally. Among them: The product with the highest export growth rate is Precious metal ores and concentrates, with a growth rate of 168341.37%. The export value of this product in Eritrea accounts for 0.09% of the global share. The product with the largest absolute increase in export value is Copper ores and concentrates, with a growth rate of 33.98%. The export value of this product in Eritrea accounts for 0.25% of the global share.

In 2024, Eritrea's trade surplus was $227,319,744, ranking 64 globally. Compared to 2023, the surplus has increased by $112,535,269. The ranking has dropped by 7. Among them, the product that created the largest trade surplus is Zinc ores and concentrates, while the product that mainly relied on imports is Grain sorghum.

In 2024, the largest export trading partner of Eritrea was China，The three types of products that Eritrea exports the most to this country are 2603、2608and2616. They respectively account for 99.98%、64.9%、100.0% of Eritrea's exports of these three types of products to the world. They also account for 56.74%、40.21%、2.98% of Eritrea's total exports to the China respectively. In 2024, the largest import trading partner of Eritrea was China，The three types of products that Eritrea imports the most to this country are 8474、4011and8502. They respectively account for 99.98%、64.9%、100.0% of Eritrea's imports of these three types of products from the world. They also account for 13.76%、7.56%、4.72% of Eritrea's total imports to the China respectively.