Eritrea recorded a trade deficit of 597 USD Million in 2018.

Balance of Trade in Eritrea averaged -481.30 USD Million from 1992 until 2018, reaching an all time high of -159.97 USD Million in 1992 and a record low of -724 USD Million in 2013. This page provides the latest reported value for - Eritrea Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Eritrea Balance of Trade - values, historical data and charts - was last updated on July of 2020.

Balance of Trade in Eritrea is expected to reach -800.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Eritrea Balance of Trade is projected to trend around -810.00 USD Million in 2021 and -805.00 USD Million in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Eritrea Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-597.00 -638.00 -159.97 -724.00 1992 - 2018 USD Million Yearly

Eritrea Trade Last Previous Highest Lowest Unit
Balance of Trade -597.00 -638.00 -159.97 -724.00 USD Million [+]
Current Account to GDP 11.30 16.60 39.43 -39.27 percent [+]
Imports 1170.00 1120.00 1170.00 214.47 USD Million [+]
Exports 573.00 482.00 630.00 11.00 USD Million [+]
Terrorism Index 0.00 0.00 3.69 0.00 [+]


Eritrea Balance of Trade
Eritrea's systemic trade deficit is the result of the country's small production of exportable goods. Eritrea's main exports are: livestock, sorghum, textiles and food. Man imports are: machinery, fuel and food. Main trading partners are: Italy, Saudi Arabia, China and Egypt.