Eritrea (ERI) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Eritrea-Singapore Trade: In 2022, Eritrea exported $65.6k to Singapore. The main products that Eritrea exported to Singapore were Processed Crustaceans ($60.7k), Machinery Having Individual Functions ($2.07k), and Centrifuges ($976). Over the past 5 years the exports of Eritrea to Singapore have increased at an annualized rate of 18.1%, from $28.5k in 2017 to $65.6k in 2022.

In 2022, Eritrea did not export any services to Singapore.

Singapore-Eritrea Trade: In 2022, Singapore exported $13.5k to Eritrea. The main products that Singapore exported to Eritrea were Office Machine Parts ($13.5k). Over the past 5 years the exports of Singapore to Eritrea have decreased at an annualized rate of 13.4%, from $27.8k in 2017 to $13.5k in 2022.

In 2022, Singapore did not export any services to Eritrea.

Comparison In 2022, Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index. That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Eritrea exported $65.6k to Singapore. The main products exported from Eritrea to Singapore were Processed Crustaceans ($60.7k), Machinery Having Individual Functions ($2.07k), and Centrifuges ($976). During the last 5 years the exports of Eritrea to Singapore have increased at an annualized rate of 18.1%, from $28.5k in 2017 to $65.6k in 2022.

In 2017, Singapore exported $13.5k to Eritrea. The main products exported from Singapore to Eritrea were Office Machine Parts ($13.5k). During the last 5 years the exports of Singapore to Eritrea have decreased at an annualized rate of 13.4%, from $27.8k in 2022 to $13.5k in 2017.

Exports from Eritrea () to Singapore () (2022)

Exports from Singapore () to Eritrea () (2022)

Latest Data

Trade between Eritrea () and Singapore ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Eritrea
Top DestinationChina$412M

Singapore
Top DestinationHong Kong$51.6B

This map shows whether countries import more from Eritrea or Singapore. Each country is colored based on the difference in imports they receive from Eritrea and Singapore or the difference in the growth in imports.

In 2022, no countries were registered that imported more from Eritrea than from Singapore.

In 2022, countries that imported more from Singapore than Eritrea included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore () and Eritrea () (2022)

Comparative Advantage Eritrea - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Eritrea and Singapore by product, considering products traded by both, Eritrea and Singapore.

During 2022, Eritrea had a large net trade with Singapore in the exports of Foodstuffs ($60.7k), Machines ($4.68k), and Stone And Glass ($236).

During 2017, Singapore had a large net trade with Eritrea in the exports of Machines ($13.5k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Eritrea and Singapore. This means that a dot/product with the flag of Eritrea indicates it has a comparative advantage over Singapore. Similarly, a dot/product with the flag of Singapore indicates it has a comparative advantage over Eritrea.

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Historical Data

Bilateral Trade by Products

Exports from Eritrea () to Singapore () (2022)

Exports from Singapore () to Eritrea () (2022)

Latest Data

Trade between Eritrea () and Singapore ()

Singapore Exports

Market Competitiveness

Difference in imports from Singapore () and Eritrea () (2022)

Comparative Advantage Eritrea - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Eritrea () and Singapore () (2022)

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