Ores and metals exports (% of merchandise exports) — all countries

Ores and metals exports (% of merchandise exports) — Eritrea

Ores and metals exports (% of merchandise exports) in Eritrea in 2003 — 1.75%. Ranked 83 in the world out of 165. Since 2000, the indicator has fallen by 6.57 pp.

2003 1.75% −3.04 pp vs 2002
World rank 83of 165
Period maximum 8.33%2000
Period minimum 1.75%2003

Trend over time

2000–2003 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — Eritrea, 2000–200302.557.51020002001200220032000: 8.33%2001: 3.03%2002: 4.8%2003: 1.75%
Change over the period: −6.57 pp Annual average: -2.19 pp

Comparison, 2003

How the value compares with the world and the groups this territory belongs to: Eritrea

Eritrea 1.75%
World 2.81%
Eastern Africa computed 14.42%
Low-income countries computed 5.32%
Ores and metals exports (% of merchandise exports) — Eritrea, by year Eritrea All countries CSV XLSX
Year % Change, pp
2003 1.75 −3.04 pp
2002 4.8 +1.77 pp
2001 3.03 −5.3 pp
2000 8.33

About the indicator

The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.

Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.