Eritrea-United Kingdom Bilateral Trade Analysis 2023
Complete trade statistics: $4.54M total volume •Eritrea deficit: $4.23M
Eritrea → United Kingdom
$150,885
Exports (2023)
United Kingdom → Eritrea
$4.38M
Imports (2023)
Trade Balance
$4.23M
Deficit for Eritrea
Total Trade
$4.54M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Eritrea and United Kingdom. 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-United Kingdom commercial relationship and competitive positioning in global markets.
Eritrea → United Kingdom Exports
Export Market Intelligence
🎯 Strategic Export Focus
Eritrea's export portfolio to United Kingdom demonstrates strategic specialization, with beer: made from malt representing a key competitive advantage in this bilateral market.
United Kingdom → Eritrea Imports
Import Dependency Profile
📦 Import Strategy Analysis
Eritrea's import pattern from United Kingdom 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 United Kingdom, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $4.54M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Eritrea-United Kingdom Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $4.54 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Eritrea maintains a deficit of $4.23 million
- Export Focus: Eritrea's primary exports include beer: made from malt, blood, human or animal, antisera, other blood fractions and immunological products: antisera and other blood fractions, blouses, shirts and shirt-blouses: women's or girls', of cotton (not knitted or crocheted)
- Import Dependencies: Key imports from United Kingdom 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, machinery parts: buckets, shovels, grabs and grips, for the machinery of heading no. 8426 and 8430
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 $4.54M 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 United Kingdom'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 $4.54M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $4.54M 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 $4.54 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 $4.23 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 United Kingdom represents a total trade volume of $4.54 million in 2023. This partnership demonstrates an unfavorable trade balance for Eritrea, with imports exceeding exportsby $4.23 million.
Export Strengths
Eritrea's exports to United Kingdom total $150.88 thousand, with competitive advantages in beer: made from malt, representing $76,879 or51.0% of bilateral exports.
Import Dependencies
Imports from United Kingdom amount to $4.38 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 comprising52.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Eritrea's strategic sourcing from United Kingdom. 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 United Kingdom in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023