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Eritrea Imports

Imports of goods and services  BM.GSR.GNFS.CD

Eritrea's imports was $499.7M in 2000, ranked 15th globally. This represents a 18.7% decrease from 1999. Data from World Bank, covering 1992–2000.

$499.7M −$115.0M (-18.7%)
Year 2000 Rank #15 Global Peak $695.3M (1998) Source World Bank

Eritrea Imports (1992–2000)

Overview

Eritrea's imports stood at $499.7M in 2000, a decline of +$115.0M from 1999. Eritrea ranked 15th globally.

Eritrea’s import volume rose from 350,490,980.82 in 1992 to a peak of 695,318,063.68 in 1998 before retreating to a trough of 349,591,773.63 in 1993, reflecting the volatility of a small, import‑dependent economy during the post‑war reconstruction era. By 2000 imports reached 499,744,340.64, placing the country 15th among World Bank‑tracked economies and situating it alongside peers such as St. Lucia (491,834,344.19) and Seychelles (501,836,400.99) in terms of absolute magnitude. The upward swing after the early‑1990s trough was driven largely by renewed demand for fuel, foodstuffs and construction inputs as the government pursued infrastructure projects, while the subsequent decline from the 1998 high corresponded with tightening foreign‑exchange constraints and reduced external assistance. Over the nine‑year series the average import level remained below the 1998 peak, indicating a modest but uneven growth trajectory; unless fiscal reforms expand foreign‑exchange availability and diversify supply sources, the upward trend is likely to remain limited.

Data & projection

Year Imports YoY change Rank
2000 $499.7M −$115.0M #15
1999 $614.8M −$80.6M #21
1998 $695.3M +$74.3M #24
1997 $621.0M +$15.0M #23
1996 $606.0M +$108.3M #23
1995 $497.7M +$1.6M #22
1994 $496.2M +$146.6M #30
1993 $349.6M −$899,207 #24
1992 $350.5M – #24

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.6% GDP growth 3.8% C/A balance 13.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Eritrea matched the Export Boom Cycle pattern in 2019. Historically, 71% of countries showing this pattern (546 out of 768) saw imports improve within 24 months. View full analysis →

Frequently Asked Questions

What is Eritrea's imports?▾

Eritrea's imports was $499.7M in 2000. Ranked 15th globally. This represents a 18.7% decrease from the previous year.

What was the highest imports in Eritrea?▾

Eritrea's imports peaked at $695.3M in 1998.

What was the lowest imports in Eritrea?▾

The lowest imports in Eritrea was $349.6M in 1993.

How does Eritrea rank in imports?▾

Eritrea ranks 15th globally in imports as of 2000.

What is the World Bank indicator code for imports?▾

The World Bank indicator code is BM.GSR.GNFS.CD. Data sourced from World Bank.

What is Eritrea's imports in million?▾

Eritrea's imports was approximately 499.74 million ($499.7M) in 2000.

What is the imports of Eritrea in 2000?▾

The imports of Eritrea in 2000 was $499.7M. This ranks 15th in the world.

Cite this page

APA
Eritrea Imports. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/eritrea/imports/
BibTeX
@misc{historysaid_eritrea_imports, title = {Eritrea Imports}, url = {https://historysaid.com/eritrea/imports/}, publisher = {HistorySaid}, year = {2026} }
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