Eritrea-Sweden Bilateral Trade Analysis 2023
Complete trade statistics: $2.60M total volume •Eritrea deficit: $2.60M
Eritrea → Sweden
$0
Exports (2023)
Sweden → Eritrea
$2.60M
Imports (2023)
Trade Balance
$2.60M
Deficit for Eritrea
Total Trade
$2.60M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Eritrea and Sweden. 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-Sweden commercial relationship and competitive positioning in global markets.
Eritrea → Sweden Exports
Export Market Intelligence
🎯 Strategic Export Focus
Eritrea's export portfolio to Sweden demonstrates strategic specialization, with beer: made from malt representing a key competitive advantage in this bilateral market.
Sweden → Eritrea Imports
Import Dependency Profile
📦 Import Strategy Analysis
Eritrea's import pattern from Sweden reveals significant dependencyin machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Eritrea demonstrates competitive strength in exportingbeer: made from malt to Sweden, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $2.60M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Eritrea-Sweden Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $2.60 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Eritrea maintains a deficit of $2.60 million
- Export Focus: Eritrea's primary exports include beer: made from malt, liqueurs and cordials, food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products
- Import Dependencies: Key imports from Sweden include machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material
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 $2.60M 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 beer: made from malt.
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 beer: made from maltcomplements Sweden's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $2.60M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $2.60M 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 $2.60 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in beer: made from malt and machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Eritrea's trade deficit of $2.60 million impacts 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 Sweden represents a total trade volume of $2.60 million in 2023. This partnership demonstrates an unfavorable trade balance for Eritrea, with imports exceeding exportsby $2.60 million.
Export Strengths
Eritrea's exports to Sweden total $0.00, with competitive advantages in beer: made from malt, representing $34,684 orInfinity% of bilateral exports.
Import Dependencies
Imports from Sweden amount to $2.60 million, highlighting economic interdependence in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431, with Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 comprising22.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Eritrea's strategic sourcing from Sweden. 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 Sweden in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023