Eritrea - Trade Openness 2008
30.56%
−4.00% from 2007
Eritrea's trade openness was 30.56% in 2008, decreased +4.00% from 34.56% in 2007. This was the 4th highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sierra Leone | 21.26% | -2.5% |
| 2nd | Brazil | 27.26% | 7.8% |
| 3rd | United States | 29.87% | 6.6% |
| 4th | Eritrea | 30.56% | -11.6% |
| 5th | Japan | 34.13% | 4.0% |
| 6th | Pakistan | 34.35% | 11.6% |
| 7th | Central African Republic | 34.44% | -8.4% |
| 8th | Burkina Faso | 35.39% | 4.8% |
| 9th | Haiti | 36.15% | 5.4% |
| 10th | Comoros | 36.22% | 9.2% |
| 11th | Sudan | 36.74% | 6.8% |
| 12th | Rwanda | 37.60% | 4.5% |
| 13th | Gambia, The | 39.09% | -11.8% |
| 14th | Colombia | 39.17% | 5.6% |
| 15th | Niger | 39.71% | 11.9% |
| 16th | Argentina | 40.40% | -1.3% |
| 17th | Bangladesh | 42.62% | 6.7% |
| 18th | Australia | 42.75% | 2.0% |
| 19th | Cuba | 44.92% | 18.3% |
| 20th | Guinea-Bissau | 45.14% | -2.4% |
| 21st | Nepal | 46.04% | 3.3% |
| 22nd | Benin | 47.78% | -2.7% |
| 23rd | Iran, Islamic Republic of | 48.23% | -3.3% |
| 24th | Tanzania | 49.03% | 2.0% |
| 25th | Türkiye | 50.76% | 5.7% |
| 26th | India | 53.37% | 16.8% |
| 27th | Russian Federation | 53.38% | 3.2% |
| 28th | Mali | 53.64% | 14.4% |
| 29th | Italy | 54.21% | -1.1% |
| 30th | Armenia | 54.54% | -4.3% |
| 31st | Spain | 55.83% | -3.1% |
| 32nd | Uganda | 56.26% | 20.3% |
| 33rd | Mexico | 56.37% | 2.0% |
| 34th | United Kingdom | 56.44% | 7.0% |
| 35th | China | 56.71% | -7.4% |
| 36th | Cameroon | 56.92% | 7.0% |
| 37th | Greece | 57.11% | 4.7% |
| 38th | Kenya | 57.58% | 6.8% |
| 39th | French Polynesia | 58.04% | 1.0% |
| 40th | Peru | 58.43% | 4.9% |
| 41st | Indonesia | 58.56% | 6.8% |
| 42nd | France | 59.18% | 1.8% |
| 43rd | Zambia | 59.45% | -9.6% |
| 44th | Dominican Republic | 61.43% | 0.3% |
| 45th | Côte d'Ivoire | 61.94% | 0.8% |
| 46th | Togo | 62.31% | 0.9% |
| 47th | Senegal | 62.76% | 5.9% |
| 48th | Sri Lanka | 63.37% | -7.6% |
| 49th | Guinea | 64.18% | -9.8% |
| 50th | New Zealand | 64.26% | 10.0% |
| 51st | Mozambique | 64.98% | -1.7% |
| 52nd | Romania | 65.18% | 2.6% |
| 53rd | Guatemala | 65.18% | -5.5% |
| 54th | Uruguay | 65.21% | 10.1% |
| 55th | South Africa | 65.97% | 15.5% |
| 56th | Canada | 67.02% | 1.1% |
| 57th | Philippines | 67.68% | -8.1% |
| 58th | New Caledonia | 67.92% | -5.9% |
| 59th | Chad | 69.07% | -8.0% |
| 60th | Ghana | 69.51% | 6.4% |
| 61st | Algeria | 71.03% | 5.2% |
| 62nd | Egypt, Arab Republic of | 71.68% | 10.1% |
| 63rd | Portugal | 72.08% | 3.0% |
| 64th | Tonga | 72.66% | 6.5% |
| 65th | Congo, Democratic Republic of | 72.95% | -0.1% |
| 66th | Samoa | 73.89% | -11.2% |
| 67th | Syrian Arab Republic | 74.23% | -2.8% |
| 68th | Madagascar | 74.36% | 11.5% |
| 69th | Ecuador | 74.59% | 8.3% |
| 70th | Norway | 74.79% | 4.0% |
| 71st | Albania | 75.25% | -5.8% |
| 72nd | Israel | 75.38% | -4.4% |
| 73rd | Serbia | 75.74% | 4.2% |
| 74th | Germany | 76.11% | 1.6% |
| 75th | Kosovo | 76.73% | - |
| 76th | Morocco | 77.83% | 9.1% |
| 77th | Guam | 78.27% | -1.5% |
| 78th | West Bank and Gaza | 79.48% | -13.6% |
| 79th | Uzbekistan | 79.75% | 7.2% |
| 80th | Poland | 80.57% | -0.2% |
| 81st | El Salvador | 80.67% | 3.9% |
| 82nd | Chile | 80.68% | 4.8% |
| 83rd | Paraguay | 80.78% | 2.2% |
| 84th | European Union | 80.78% | 1.2% |
| 85th | Iraq | 81.06% | 9.4% |
| 86th | Yemen, Republic of | 81.24% | 2.7% |
| 87th | Lao PDR | 81.85% | 3.3% |
| 88th | Iceland | 81.90% | 11.2% |
| 89th | Croatia | 82.08% | -1.4% |
| 90th | Bolivia, Plurinational State of | 82.87% | 8.9% |
| 91st | Bosnia and Herzegovina | 86.16% | 3.1% |
| 92nd | Finland | 86.19% | 4.0% |
| 93rd | Georgia | 86.30% | -2.4% |
| 94th | Costa Rica | 86.40% | -0.1% |
| 95th | Solomon Islands | 87.35% | 4.3% |
| 96th | Bahamas, The | 87.43% | -0.7% |
| 97th | Gabon | 89.00% | 4.5% |
| 98th | Azerbaijan | 89.24% | -7.7% |
| 99th | Qatar | 89.43% | -7.0% |
| 100th | Brunei Darussalam | 89.75% | 10.8% |
| 101st | Cabo Verde | 90.97% | -3.4% |
| 102nd | Korea | 92.08% | 29.1% |
| 103rd | Kuwait | 92.68% | 1.0% |
| 104th | Sweden | 92.81% | 3.6% |
| 105th | Mauritania | 94.12% | 9.4% |
| 106th | Ukraine | 94.17% | 7.0% |
| 107th | Kazakhstan | 94.29% | 2.3% |
| 108th | Turkmenistan | 94.72% | 68.3% |
| 109th | Oman | 94.76% | -0.1% |
| 110th | Kiribati | 95.44% | -0.7% |
| 111th | Latvia | 95.77% | -5.1% |
| 112th | Saudi Arabia | 96.10% | 1.3% |
| 113th | Nicaragua | 96.79% | 4.1% |
| 114th | South Sudan | 97.27% | - |
| 115th | Botswana | 99.01% | 0.5% |
| 116th | Northern Mariana Islands | 100.85% | -21.6% |
| 117th | Bhutan | 101.95% | -4.7% |
| 118th | Austria | 102.74% | 1.4% |
| 119th | Libya | 103.24% | 0.5% |
| 120th | Faroe Islands | 103.50% | 4.0% |
| 121st | Denmark | 104.47% | 4.4% |
| 122nd | Belize | 105.46% | 9.9% |
| 123rd | Vanuatu | 105.77% | 17.3% |
| 124th | Lebanon | 106.63% | 8.8% |
| 125th | Greenland | 107.37% | 13.1% |
| 126th | Angola | 108.68% | 11.8% |
| 127th | Suriname | 109.17% | 7.7% |
| 128th | Zimbabwe | 109.52% | 30.1% |
| 129th | Micronesia, Federated States of | 111.19% | 10.3% |
| 130th | North Macedonia | 111.57% | 5.2% |
| 131st | Cyprus | 112.93% | 1.5% |
| 132nd | Mauritius | 113.49% | -4.3% |
| 133rd | Tunisia | 114.34% | 9.9% |
| 134th | Tajikistan | 114.48% | -21.3% |
| 135th | Puerto Rico (US) | 116.28% | -1.1% |
| 136th | Switzerland | 116.78% | 3.0% |
| 137th | Namibia | 119.64% | 14.0% |
| 138th | Mongolia | 121.20% | 2.8% |
| 139th | Marshall Islands | 122.05% | 6.6% |
| 140th | Czechia | 123.90% | -4.6% |
| 141st | Bulgaria | 124.69% | 0.9% |
| 142nd | Palau | 126.28% | 10.0% |
| 143rd | Macao SAR, China | 126.61% | -3.1% |
| 144th | Lithuania | 126.76% | 9.0% |
| 145th | Equatorial Guinea | 128.69% | -4.0% |
| 146th | Belarus | 129.60% | 1.1% |
| 147th | Netherlands | 130.15% | 0.3% |
| 148th | Cambodia | 130.39% | -2.5% |
| 149th | Montenegro | 132.48% | 2.8% |
| 150th | Congo, Republic of | 133.11% | -10.4% |
| 151st | Moldova | 134.42% | -5.8% |
| 152nd | Timor-Leste | 135.25% | 5.0% |
| 153rd | Slovenia | 135.39% | -1.7% |
| 154th | Honduras | 135.75% | 0.5% |
| 155th | Estonia | 136.68% | 2.0% |
| 156th | Aruba | 139.11% | -0.6% |
| 157th | Thailand | 140.44% | 8.1% |
| 158th | Jordan | 140.91% | -3.5% |
| 159th | Bahrain | 145.88% | 5.9% |
| 160th | Kyrgyz Republic | 146.11% | 6.6% |
| 161st | United Arab Emirates | 148.51% | 8.6% |
| 162nd | Viet Nam | 154.32% | -0.2% |
| 163rd | Hungary | 158.45% | 1.8% |
| 164th | Ireland | 160.04% | 4.3% |
| 165th | Belgium | 161.09% | 5.7% |
| 166th | Lesotho | 161.13% | -2.4% |
| 167th | Slovak Republic | 162.46% | -2.5% |
| 168th | Nauru | 164.29% | - |
| 169th | Panama | 164.59% | 10.7% |
| 170th | Curaçao | 166.74% | 14.2% |
| 171st | Malaysia | 176.67% | -8.2% |
| 172nd | Malta | 185.75% | 0.5% |
| 173rd | Seychelles | 208.84% | 19.4% |
| 174th | American Samoa | 249.82% | 14.5% |
| 175th | Luxembourg | 292.21% | -5.0% |
| 176th | Hong Kong SAR, China | 376.66% | 4.0% |
| 177th | Singapore | 437.33% | 10.9% |
| 178th | Virgin Islands (US) | 863.20% | 54.0% |
FAQ
What was Eritrea's trade openness in 2008?▾
Eritrea's trade openness in 2008 was 30.56%. This ranked 4th globally.
How did Eritrea's trade openness change in 2008?▾
Eritrea's trade openness decreased by 11.6% in 2008 compared to 2007.
Which country had the highest trade openness in 2008?▾
Virgin Islands (US) had the highest trade openness in 2008 at 863.20%.
What is the trade openness of Eritrea in 2008?▾
The trade openness of Eritrea in 2008 was 30.56%. This ranked 4th globally.
How does 2008 compare to 2007 for Eritrea's trade openness?▾
Eritrea's trade openness went from 34.56% in 2007 to 30.56% in 2008, a 11.6% decrease.
Related
2007
2009
All years
Full ranking 2008
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 1996
Lowest: 2009
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Central African Republic
vs Madagascar
vs Malawi
vs Burundi
African Union Trade Openness
Global Ranking