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Eritrea

Eritrea ranked No. 211 in total trade value through October with a total of $7.67 million. Exports totaled $7.43 million and Imports totaled $237,633, a surplus of $7.19 million.

January – October 2018

Top Trading Ports

Total Trade: $7.67 million

RankPortTotal YTD
1Port of Houston $5,121,752
2Port of Savannah, Ga. $568,345
3Port of Oakland, Calif. $443,573
4Low-Valued Imports and Exports $276,348
5John F. Kennedy International Airport $263,058
6Port of Newark $197,496
7Houston’s George Bush Intercontinental Airport, Texas $151,525
8Port of New Orleans $103,118
9Port of Tacoma, Wash. $99,000
10Port of New York $69,750

U.S. trade with Eritrea rose to $7.67 million through October

Eritrea’s trade with the United States rose to $7.67 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 329.63 percent above its total trade during the same time period last year. Eritrea’s exports increased 358.34 percent while imports rose 45.26 percent. The U.S. surplus with Eritrea was $7.19 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Savannah, Ga.; No. 3 Port of Oakland, Calif.; No. 4 Low-Valued Imports and Exports; and No. 5 John F. Kennedy International Airport. During the same period the previous year, the top five were No. 1 Port of New York No. 2 John F. Kennedy International Airport No. 3 Port of Oakland, Calif. No. 4 Port of Newark and No. 5 Port of Baltimore, Md.. In the current time period, the top five accounted for 87.06 percent of Eritrea’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 4589.26 percent to $5.12 million.
    Exports totaled $5.11 million. Imports fell 86.06 percent to $15,228.
  • Trade with No. 2 Port of Savannah, Ga. rose 4716.48 percent to $568,345.
    Exports rose 4716.48 percent to $568,345. There were no imports.
  • Trade with No. 3 Port of Oakland, Calif. rose 172.13 percent to $443,573.
    Exports rose 151.53 percent to $410,000. Imports totaled $33,573.
  • Trade with No. 4 Low-Valued Imports and Exports rose 393.14 percent to $276,348.
    Exports rose 393.14 percent to $276,348. There were no imports.
  • Trade with No. 5 John F. Kennedy International Airport rose 28.55 percent to $263,058.
    Exports rose 33.48 percent to $263,058. There were no imports.

Eritrea ranked No. 211 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 222.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Eritrea by value through October were the categories of Grain sorghum; Motor vehicle chassis; Plastic tableware and other products; Low value shipments; and Misc. medical chemical re-agents, respectively. They accounted for 88.12 percent of total exports to Eritrea.

The value of the top five categories of U.S. imports from Eritrea –– Value added to a returned import; Rum, gin, vodka, other liquors; Beer; Motor vehicle parts; and Salvage –– accounted for 78.89 percent of all inbound shipments.

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

  • Grain sorghum totaled $5.1 million. The previous year, there were no exports in this category.
  • Motor vehicle chassis totaled $492,975. The previous year, there were no exports in this category.
  • Plastic tableware and other products rose 96.14 percent compared to last year to $457,000.
  • Low value shipments rose 393.14 percent compared to last year to $276,348.
  • Misc. medical chemical re-agents rose 43.46 percent compared to last year to $217,059.

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

  • Value added to a returned import totaled $82,550. The previous year, there were no imports in this category.
  • Rum, gin, vodka, other liquors totaled $33,096. The previous year, there were no imports in this category.
  • Beer totaled $30,957. The previous year, there were no imports in this category.
  • Motor vehicle parts totaled $27,124. The previous year, there were no imports in this category.
  • Salvage rose 111.1 percent compared to last year to $13,751.

In the latest annual figures available, Eritrea recorded $5.29 million in trade with the United States. At year’s end, its were San Francisco; Houston; New York City; Atlanta/Savannah; and Low Value Shipments. Total U.S. exports to Eritrea were $ 5.02 million and imports from Eritrea were $266,960. The U.S. surplus with Eritrea was $4.75 million.