Ireland-Eritrea Bilateral Trade Analysis 2023
Complete trade statistics: $500,761 total volume •Ireland deficit: $500,761
Ireland → Eritrea
$0
Exports (2023)
Eritrea → Ireland
$500,761
Imports (2023)
Trade Balance
$500,761
Deficit for Ireland
Total Trade
$500,761
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ireland and Eritrea. Green line shows exports from Ireland, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Ireland-Eritrea commercial relationship and competitive positioning in global markets.
Ireland → Eritrea Exports
Export Market Intelligence
🎯 Strategic Export Focus
Ireland's export portfolio to Eritrea demonstrates strategic specialization, with 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 representing a key competitive advantage in this bilateral market.
Eritrea → Ireland Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ireland's import pattern from Eritrea reveals significant dependencyin bricks, blocks, tiles and other ceramic goods of siliceous fossil meals (e.g. kieselguhr, tripolite or diatomite) or of similar siliceous earths, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ireland demonstrates competitive strength in exportingreagents: 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 to Eritrea, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $500,761 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Ireland-Eritrea Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $500.76 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Ireland maintains a deficit of $500.76 thousand
- Export Focus: Ireland's primary exports include 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, animal products: bovine semen, iron or steel: articles n.e.c. in heading 7326
- Import Dependencies: Key imports from Eritrea include bricks, blocks, tiles and other ceramic goods of siliceous fossil meals (e.g. kieselguhr, tripolite or diatomite) or of similar siliceous earths, mineral substances: n.e.c. in chapter 25, chocolate and other food preparations containing cocoa: in blocks, slabs or bars, filled, weighing 2kg or less
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 $500,761 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 Ireland leveraging its comparative advantages in 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.
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
Ireland's specialization in 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 materialcomplements Eritrea's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in bricks, blocks, tiles and other ceramic goods of siliceous fossil meals (e.g. kieselguhr, tripolite or diatomite) or of similar siliceous earths.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $500,761 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $500,761 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 $500.76 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in 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 and bricks, blocks, tiles and other ceramic goods of siliceous fossil meals (e.g. kieselguhr, tripolite or diatomite) or of similar siliceous earths demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ireland's trade deficit of $500.76 thousand 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 Ireland and Eritrea represents a total trade volume of $500.76 thousand in 2023. This partnership demonstrates an unfavorable trade balance for Ireland, with imports exceeding exportsby $500.76 thousand.
Export Strengths
Ireland's exports to Eritrea total $0.00, with competitive advantages in 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, representing $39,851 orInfinity% of bilateral exports.
Import Dependencies
Imports from Eritrea amount to $500.76 thousand, highlighting economic interdependence in bricks, blocks, tiles and other ceramic goods of siliceous fossil meals (e.g. kieselguhr, tripolite or diatomite) or of similar siliceous earths, with Bricks, blocks, tiles and other ceramic goods of siliceous fossil meals (e.g. kieselguhr, tripolite or diatomite) or of similar siliceous earths comprising87.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Ireland's strategic sourcing from Eritrea. 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 Ireland and Eritrea in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023