Merchandise exports by the reporting economy (current US$) in Eritrea
Eritrea: Merchandise exports by the reporting economy (current US$) was 480.28 million current US$ in 2023. ◆ Volatile
Merchandise exports by the reporting economy in Eritrea, 2000–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise exports by the reporting economy in Eritrea stood at 480.28 million current US$.
That represents a change of down 19.3% on the previous year and up 73.0% over ten years.
Over the whole period, merchandise exports by the reporting economy in Eritrea peaked at 1.24 billion current US$ in 2020 and was at its lowest, 9.96 million current US$, in 2002.
That places Eritrea 166th out of 206 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$) in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 11.79 million current US$ | — |
| 2001 | 10.91 million current US$ | -7.5% |
| 2002 | 9.96 million current US$ | -8.7% |
| 2003 | 15.90 million current US$ | +59.7% |
| 2004 | 12.49 million current US$ | -21.5% |
| 2005 | 12.59 million current US$ | +0.8% |
| 2006 | 13.23 million current US$ | +5.1% |
| 2007 | 17.10 million current US$ | +29.2% |
| 2008 | 20.51 million current US$ | +19.9% |
| 2009 | 14.10 million current US$ | -31.2% |
| 2010 | 12.70 million current US$ | -10.0% |
| 2011 | 356.20 million current US$ | +2705.9% |
| 2012 | 604.70 million current US$ | +69.8% |
| 2013 | 277.69 million current US$ | -54.1% |
| 2014 | 584.99 million current US$ | +110.7% |
| 2015 | 440.08 million current US$ | -24.8% |
| 2016 | 292.77 million current US$ | -33.5% |
| 2017 | 261.96 million current US$ | -10.5% |
| 2018 | 467.04 million current US$ | +78.3% |
| 2019 | 338.94 million current US$ | -27.4% |
| 2020 | 1.24 billion current US$ | +264.6% |
| 2021 | 496.57 million current US$ | -59.8% |
| 2022 | 595.28 million current US$ | +19.9% |
| 2023 | 480.28 million current US$ | -19.3% |
Eritrea compared with similar countries
- Eritrea's 480.28 million current US$ is below the median for low income countries, which is 992.04 million current US$, 48% of the median. (25 countries reporting)
- Eritrea's 480.28 million current US$ is below the median for Sub-Saharan Africa, which is 4.14 billion current US$, 12% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy (current US$) in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +2705.9% | 12.70 million current US$ | 356.20 million current US$ |
| 2020 | +264.6% | 338.94 million current US$ | 1.24 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.86 million current US$ | 9.96 million current US$ | 20.51 million current US$ | 10 |
| 2010s | 363.71 million current US$ | 12.70 million current US$ | 604.70 million current US$ | 10 |
| 2020s | 701.96 million current US$ | 480.28 million current US$ | 1.24 billion current US$ | 4 |
Countries ranked near Eritrea
- 163 South Sudan 652.23 million current US$ compare
- 164 Seychelles 548.98 million current US$ compare
- 165 Sierra Leone 513.99 million current US$ compare
- 167 Gibraltar 475.72 million current US$ compare
- 168 Niger 468.69 million current US$ compare
- 169 Afghanistan 438.77 million current US$ compare
More private sector data for Eritrea
- Merchandise trade 29.4% (2025)
- Merchandise imports 524.00 million current US$ (2025)
- Merchandise exports 631.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 174.94 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2082 current US$ per US$ of GDP (2011)
- Merchandise exports (current US$), annual growth rate 10.12 % change on previous year (2025)
- Merchandise imports (current US$), per capita 145.27 current US$ per person (2025)
- Merchandise imports (current US$), per unit of GDP 0.46 current US$ per US$ of GDP (2011)
- Merchandise imports (current US$), annual growth rate -1.69 % change on previous year (2025)
- Commercial service exports (current US$), per capita 24.08 current US$ per person (2000)
Frequently asked questions
- What is merchandise exports by the reporting economy in Eritrea?
- Merchandise exports by the reporting economy in Eritrea was 480.28 million current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Eritrea?
- The highest recorded value was 1.24 billion current US$ in 2020.
- What is the lowest merchandise exports by the reporting economy recorded in Eritrea?
- The lowest recorded value was 9.96 million current US$ in 2002.
- How does Eritrea rank for merchandise exports by the reporting economy?
- Eritrea ranks 166th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Eritrea?
- Over the last ten years it is up 73.0%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.