Eritrea-Singapore Bilateral Trade Analysis 2023
Complete trade statistics: $267,899 total volume •Eritrea surplus: $267,899
Eritrea → Singapore
$267,899
Exports (2023)
Singapore → Eritrea
$0
Imports (2023)
Trade Balance
$267,899
Surplus for Eritrea
Total Trade
$267,899
Combined Volume
Trade Flow Visualization
Direct trade relationship between Eritrea and Singapore. Green line shows exports from Eritrea, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Eritrea-Singapore commercial relationship and competitive positioning in global markets.
Eritrea → Singapore Exports
Export Market Intelligence
🎯 Strategic Export Focus
Eritrea's export portfolio to Singapore demonstrates strategic specialization, with aquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process representing a key competitive advantage in this bilateral market.
Singapore → Eritrea Imports
Import Dependency Profile
📦 Import Strategy Analysis
Eritrea's import pattern from Singapore reveals significant dependencyin pumps and compressors: for air, vacuum or gas, n.e.c. in heading no. 8414, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Eritrea demonstrates competitive strength in exportingaquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process to Singapore, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $267,899 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Eritrea-Singapore Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $267.90 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Eritrea maintains a surplus of $267.90 thousand
- Export Focus: Eritrea's primary exports include aquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process, machines and apparatus of a kind used solely or principally for the manufacture or repair of masks and reticles, assembling semiconductor devices or electronic integrated circuits, or for lifting, handling, loading or unloading items of heading 8486, track suits and other garments n.e.c.: women's or girls', of textile materials n.e.c. in item no. 6211.4 (not knitted or crocheted)
- Import Dependencies: Key imports from Singapore include pumps and compressors: for air, vacuum or gas, n.e.c. in heading no. 8414, units of automatic data processing machines: n.e.c. in item no. 8471.50, 8471.60 or 8471.70, machines and mechanical appliances: parts, of those having individual functions
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $267,899 represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Eritrea leveraging its comparative advantages in aquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Eritrea's specialization in aquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking processcomplements Singapore's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in pumps and compressors: for air, vacuum or gas, n.e.c. in heading no. 8414.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $267,899 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $267,899 bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $267.90 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in aquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process and pumps and compressors: for air, vacuum or gas, n.e.c. in heading no. 8414 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Eritrea's trade surplus of $267.90 thousand strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Eritrea and Singapore represents a total trade volume of $267.90 thousand in 2023. This partnership demonstrates a favorable trade balance for Eritrea, with exports exceeding importsby $267.90 thousand.
Export Strengths
Eritrea's exports to Singapore total $267.90 thousand, with competitive advantages in aquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process, representing $253,956 or94.8% of bilateral exports.
Import Dependencies
Imports from Singapore amount to $0.00, highlighting economic interdependence in pumps and compressors: for air, vacuum or gas, n.e.c. in heading no. 8414, with Pumps and compressors: for air, vacuum or gas, n.e.c. in heading no. 8414 comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Eritrea's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Eritrea and Singapore in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023