Sweden-Eritrea Bilateral Trade Analysis 2023
Complete trade statistics: $2.60M total volume •Sweden surplus: $2.60M
Sweden → Eritrea
$2.60M
Exports (2023)
Eritrea → Sweden
$0
Imports (2023)
Trade Balance
$2.60M
Surplus for Sweden
Total Trade
$2.60M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Sweden and Eritrea. Green line shows exports from Sweden, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Sweden-Eritrea commercial relationship and competitive positioning in global markets.
Sweden → Eritrea Exports
Export Market Intelligence
🎯 Strategic Export Focus
Sweden's export portfolio to Eritrea demonstrates strategic specialization, with machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 representing a key competitive advantage in this bilateral market.
Eritrea → Sweden Imports
Import Dependency Profile
📦 Import Strategy Analysis
Sweden's import pattern from Eritrea reveals significant dependencyin beer: made from malt, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Sweden demonstrates competitive strength in exportingmachinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 to Eritrea, 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: Sweden-Eritrea Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $2.60 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Sweden maintains a surplus of $2.60 million
- Export Focus: Sweden's primary exports 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
- Import Dependencies: Key imports from Eritrea 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
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 Sweden leveraging its comparative advantages in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431.
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
Sweden's specialization in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431complements Eritrea's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in beer: made from malt.
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 machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 and beer: made from malt demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Sweden's trade surplus of $2.60 million 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 Sweden and Eritrea represents a total trade volume of $2.60 million in 2023. This partnership demonstrates a favorable trade balance for Sweden, with exports exceeding importsby $2.60 million.
Export Strengths
Sweden's exports to Eritrea total $2.60 million, with competitive advantages in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431, representing $570,585 or22.0% of bilateral exports.
Import Dependencies
Imports from Eritrea amount to $0.00, highlighting economic interdependence in beer: made from malt, with Beer: made from malt comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Sweden'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 Sweden and Eritrea in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023