Stable with low volume due to limited trade relations and Eritrea's import restrictions.
Special Rates
Preferential Rate
N/A
No preferential trade agreements currently apply between the United States and Eritrea for gasoline-powered vehicles.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity in Gasoline Between US and Eritrea
Recent trade data indicates minimal to no recorded exports or imports of gasoline (HS Code: 271012) between the United States and Eritrea. This reflects the broader trend of limited economic engagement between the two nations.
October 2023
Impact: No significant impact on trade due to the absence of substantial gasoline trade relations.
US Sanctions Continue to Restrict Eritrea Trade
Ongoing US sanctions on Eritrea, due to human rights concerns and regional security issues, continue to limit trade opportunities, including in energy sectors like gasoline.
September 2023
Impact: Trade in gasoline remains negligible as sanctions deter US businesses from engaging with Eritrean markets.
Eritrea's Energy Imports Focus on Regional Partners
Eritrea primarily sources its fuel and gasoline imports from regional partners in the Middle East and Africa, with no notable trade flows from the United States.
August 2023
Impact: US-Eritrea gasoline trade remains unaffected as Eritrea relies on alternative suppliers.
Policy Updates
US Maintains Sanctions on Eritrea
The US Department of Treasury extended sanctions on Eritrea under Executive Order 13848, citing the country's role in regional instability in the Horn of Africa. These sanctions restrict trade and investment, including in energy sectors like gasoline.
