Limited data available; estimated at less than $1 million USD
Year
2022
Trend
Stable with minimal growth due to restricted trade relations and sanctions history
Special Rates
Preferential Rate
Exempt
Applicable to specific goods under humanitarian aid or bilateral agreements, subject to approval by Eritrean Ministry of Trade.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity Between US and Eritrea Reported
Recent data shows minimal trade activity under HS Code categories between the United States and Eritrea, with no significant transactions recorded in the past quarter.
2023-10-15
Impact: Negligible impact on trade due to historically low trade volumes and ongoing diplomatic tensions.
US-Eritrea Trade Barriers Remain in Place
Trade between the US and Eritrea continues to be constrained by existing sanctions and lack of formal trade agreements, affecting potential exchanges under various HS Codes.
2023-08-22
Impact: Continued restrictions are likely to suppress any significant growth in bilateral trade.
Eritrea's Economic Isolation Affects US Trade Prospects
Eritrea's limited engagement in global trade networks, compounded by US sanctions, results in virtually no trade activity under most HS Codes with the United States.
2023-06-10
Impact: Trade remains stagnant with little to no economic interaction or policy shifts to encourage activity.
Policy Updates
US Maintains Sanctions on Eritrea
The United States has reaffirmed its sanctions on Eritrea due to human rights concerns and regional security issues, impacting potential trade under all HS Codes.
