Eritrea recorded a trade deficit of 404 USD Million in 2019. source: AFDB

Balance of Trade in Eritrea averaged -461.14 USD Million from 1992 until 2019, 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 June of 2022.

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

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Eritrea Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -404.00 -397.00 USD Million Dec 2019
Current Account to GDP 13.50 11.40 percent of GDP Dec 2021
Current Account 617.00 -50.00 USD Million Dec 2017
Imports 1148.00 1066.00 USD Million Dec 2019
Exports 744.00 669.00 USD Million Dec 2019

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.
Actual Previous Highest Lowest Dates Unit Frequency
-404.00 -397.00 -159.97 -724.00 1992 - 2019 USD Million Yearly