Net trade in goods (BoP, current US$) in Eritrea
Eritrea: Net trade in goods (BoP, current US$) was -434.45 million BoP, current US$ in 2000. ▼ Falling
Net trade in goods in Eritrea, 1992–2000
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2000, net trade in goods in Eritrea stood at -434.45 million BoP, current US$.
Compared with earlier readings it is up 11.2% on the previous year and down 30.0% over ten years.
Over the whole period, net trade in goods in Eritrea peaked at -306.73 million BoP, current US$ in 1993 and was at its lowest, -489.15 million BoP, current US$, in 1999.
That places Eritrea 88th out of 200 countries with data for 2000, putting it in the middle of the range.
Net trade in goods (BoP, current US$) in Eritrea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1992 | -334.11 million BoP, current US$ | — |
| 1993 | -306.73 million BoP, current US$ | -8.2% |
| 1994 | -410.54 million BoP, current US$ | +33.8% |
| 1995 | -367.16 million BoP, current US$ | -10.6% |
| 1996 | -454.42 million BoP, current US$ | +23.8% |
| 1997 | -465.05 million BoP, current US$ | +2.3% |
| 1998 | -479.37 million BoP, current US$ | +3.1% |
| 1999 | -489.15 million BoP, current US$ | +2.0% |
| 2000 | -434.45 million BoP, current US$ | -11.2% |
Eritrea compared with similar countries
- Eritrea's -434.45 million BoP, current US$ is above the median for low income countries, which is -796.66 million BoP, current US$, 55% of the median. (23 countries reporting)
- Eritrea's -434.45 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -496.51 million BoP, current US$, 88% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -413.31 million BoP, current US$ | -489.15 million BoP, current US$ | -306.73 million BoP, current US$ | 8 |
| 2000s | -434.45 million BoP, current US$ | -434.45 million BoP, current US$ | -434.45 million BoP, current US$ | 1 |
Countries ranked near Eritrea
- 85 Saint Kitts and Nevis -401.63 million BoP, current US$ compare
- 86 Saint Vincent and the Grenadines -405.79 million BoP, current US$ compare
- 87 Samoa -415.84 million BoP, current US$ compare
- 89 Turks and Caicos Islands -464.01 million BoP, current US$
- 90 Niger -487.31 million BoP, current US$ compare
- 91 Mauritania -496.51 million BoP, current US$ compare
More economy & growth data for Eritrea
- Real gdp growth, annual growth rate -70.56 % change on previous year (2019)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.25 Percent per annum (2019)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- SDRs holdings, US dollar, annual growth rate 2.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2011)
- SDRs holdings, US dollar, per capita 6.53 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.25 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0017 units per US$ of GDP (2011)
- SDRs holdings, SDR, per capita 4.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods in Eritrea?
- Net trade in goods in Eritrea was -434.45 million BoP, current US$ in 2000, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Eritrea?
- The highest recorded value was -306.73 million BoP, current US$ in 1993.
- What is the lowest net trade in goods recorded in Eritrea?
- The lowest recorded value was -489.15 million BoP, current US$ in 1999.
- How does Eritrea rank for net trade in goods?
- Eritrea ranks 88th out of 200 countries with data for 2000.
- Is net trade in goods rising or falling in Eritrea?
- Over the last ten years it is down 30.0%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.