Switzerland-Eritrea Bilateral Trade Analysis 2023
Complete trade statistics: $182,734 total volume •Switzerland deficit: $182,734
Switzerland → Eritrea
$0
Exports (2023)
Eritrea → Switzerland
$182,734
Imports (2023)
Trade Balance
$182,734
Deficit for Switzerland
Total Trade
$182,734
Combined Volume
Trade Flow Visualization
Direct trade relationship between Switzerland and Eritrea. Green line shows exports from Switzerland, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Switzerland-Eritrea commercial relationship and competitive positioning in global markets.
Switzerland → Eritrea Exports
Export Market Intelligence
🎯 Strategic Export Focus
Switzerland's export portfolio to Eritrea demonstrates strategic specialization, with iron or steel: structures and parts thereof, n.e.c. in heading 7308 representing a key competitive advantage in this bilateral market.
Eritrea → Switzerland Imports
Import Dependency Profile
📦 Import Strategy Analysis
Switzerland's import pattern from Eritrea reveals significant dependencyin dresses: women's or girls', of textile materials n.e.c. in item no. 6204.4 (not knitted or crocheted), highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Switzerland demonstrates competitive strength in exportingiron or steel: structures and parts thereof, n.e.c. in heading 7308 to Eritrea, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $182,734 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Switzerland-Eritrea Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $182.73 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Switzerland maintains a deficit of $182.73 thousand
- Export Focus: Switzerland's primary exports include iron or steel: structures and parts thereof, n.e.c. in heading 7308, food preparations: pasta (excluding stuffed), cooked or otherwise prepared, wood: not of bamboo, articles n.e.c. in heading no. 4414 to 4420 (excluding clothes hangers)
- Import Dependencies: Key imports from Eritrea include dresses: women's or girls', of textile materials n.e.c. in item no. 6204.4 (not knitted or crocheted), trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted), beer: made from malt
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 $182,734 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 Switzerland leveraging its comparative advantages in iron or steel: structures and parts thereof, n.e.c. in heading 7308.
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
Switzerland's specialization in iron or steel: structures and parts thereof, n.e.c. in heading 7308complements Eritrea's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in dresses: women's or girls', of textile materials n.e.c. in item no. 6204.4 (not knitted or crocheted).
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $182,734 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $182,734 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 $182.73 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in iron or steel: structures and parts thereof, n.e.c. in heading 7308 and dresses: women's or girls', of textile materials n.e.c. in item no. 6204.4 (not knitted or crocheted) demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Switzerland's trade deficit of $182.73 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 Switzerland and Eritrea represents a total trade volume of $182.73 thousand in 2023. This partnership demonstrates an unfavorable trade balance for Switzerland, with imports exceeding exportsby $182.73 thousand.
Export Strengths
Switzerland's exports to Eritrea total $0.00, with competitive advantages in iron or steel: structures and parts thereof, n.e.c. in heading 7308, representing $141,659 orInfinity% of bilateral exports.
Import Dependencies
Imports from Eritrea amount to $182.73 thousand, highlighting economic interdependence in dresses: women's or girls', of textile materials n.e.c. in item no. 6204.4 (not knitted or crocheted), with Dresses: women's or girls', of textile materials n.e.c. in item no. 6204.4 (not knitted or crocheted) comprising34.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Switzerland'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 Switzerland and Eritrea in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023