[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · ERI · 2024
Eritrea trade profile
In 2024, Eritrea recorded $690.3M in merchandise exports and $477.1M in imports, producing a $213.2M trade surplus. Exports changed +28.6% from the previous year, while imports changed +7.8%.[1]
Exports
$690.3M
+28.6%
Imports
$477.1M
+7.8%
Trade balance
$213.2M
surplus
Active partners
270
0 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$509.2M
HS 26 · HS chapter
7 active HS6 lines · 4 export partners
2$156.8M
HS 71 · Precious metals and stones
8 active HS6 lines · 9 export partners
3$9.9M
HS 62 · HS chapter
96 active HS6 lines · 57 export partners
4$5.9M
HS 30 · Pharmaceutical products
29 active HS6 lines · 6 export partners
5$3.4M
HS 13 · HS chapter
3 active HS6 lines · 1 export partners
6$2.0M
HS 84 · Machinery
277 active HS6 lines · 42 export partners
7$637.8K
HS 22 · HS chapter
18 active HS6 lines · 20 export partners
8$485.3K
HS 03 · HS chapter
14 active HS6 lines · 3 export partners
Leading export markets
Destinations rank bilateral export flows from Eritrea; growth describes each corridor rather than the whole economy.
1$418.7M
China
Annual change +27.6% · 3-year CAGR 5.3%
2$156.9M
United Arab Emirates
Annual change +15.5% · 3-year CAGR -1.7%
3$90.8M
South Korea
Annual change +132.7% · 3-year CAGR -1.0%
4$6.0M
Ireland
Annual change +1189.9% · 3-year CAGR 582.3%
5$4.0M
Italy
Annual change +15.0% · 3-year CAGR 28.3%
6$3.8M
France
Annual change +70105.5% · 3-year CAGR 127.3%
7$2.8M
Croatia
Annual change -7.7% · 3-year CAGR 15.8%
8$1.0M
Bermuda
Annual change +306.2% · 3-year CAGR 1197.9%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.