Eritrea

Eritrea ranked No. 197 in total trade value through June with a total of $8.09 million. Exports totaled $7.99 million and Imports totaled $106,225, a surplus of $7.88 million.

U.S. trade with Eritrea rose to $8.09 million through June

Eritrea’s trade with the United States rose to $8.09 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 15.9 percent above its total trade during the same time period last year. U.S. exports to Eritrea increased 15.56 percent while U.S. imports from Eritrea rose 48.35 percent. The U.S. surplus with Eritrea was $7.88 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 John F. Kennedy International Airport; No. 3 Low-Valued Imports and Exports; No. 4 Port of Los Angeles; and No. 5 Philadelphia International Airport. During the same period the previous year, the top five were No. 1 Port of Galveston, Texas; No. 2 Port of Newark; No. 3 Low-Valued Imports and Exports; No. 4 Port of Baltimore, Md. and No. 5 Port of New Orleans. In the current time period, the top five accounted for 93.88 percent of Eritrea’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 1270404 percent to $6.71 million.
    Exports totaled $6.68 million. Imports rose 5653.79 percent to $30,380.
  • Trade with No. 2 John F. Kennedy International Airport rose 1122.72 percent to $295,800.
    Exports rose 1122.72 percent to $295,800. There were no imports.
  • Trade with No. 3 Low-Valued Imports and Exports rose 16.12 percent to $294,070.
    Exports rose 16.12 percent to $294,070. There were no imports.
  • Trade with No. 4 Port of Los Angeles totaled $151,834.
    Exports totaled $151,834. There were no imports.
  • Trade with No. 5 Philadelphia International Airport rose 1113.28 percent to $146,771.
    Exports rose 1113.28 percent to $146,771. There were no imports.

Eritrea ranked No. 197 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 204.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Eritrea by value through June were the categories of Grain sorghum; Low value shipments; Compressors and pumps; Paper, uncoated, for writing; and Plastic tableware and other products, respectively. They accounted for 94.17 percent of total exports to Eritrea.

The value of the top five categories of U.S. imports from Eritrea –– Medical instruments; Beer; Rum, gin, vodka, other liquors; Estimates of low-value imports; and Retread or used tires –– accounted for 100 percent of all inbound shipments.

Looking more closely at U.S. exports to Eritrea:

  • Grain sorghum rose 18.61 percent compared to last year to $6.68 million.
  • Low value shipments rose 16.12 percent compared to last year to $294,070.
  • Compressors and pumps totaled $279,992. The previous year, there were no exports in this category.
  • Paper, uncoated, for writing totaled $146,370. The previous year, there were no exports in this category.
  • Plastic tableware and other products rose 577.78 percent compared to last year to $122,000.

Looking more closely at U.S. imports from Eritrea:

  • Medical instruments totaled $41,812. The previous year, there were no imports in this category.
  • Beer rose 298.28 percent compared to last year to $40,079.
  • Rum, gin, vodka, other liquors fell 54.17 percent compared to last year to $20,425.
  • Estimates of low-value imports rose 26.06 percent compared to last year to $3,647.
  • Retread or used tires totaled $262. The previous year, there were no imports in this category.

In the latest annual figures available, Eritrea recorded $14.47 million in trade with the United States. Total U.S. exports to Eritrea were $ 14.32 million and imports from Eritrea were $143,376. The U.S. surplus with Eritrea was $14.18 million.