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India - Eritrea Business and Cultural Council

Eritrea, in the Horn of Africa, has a capital at Asmara. Gained independence from Ethiopia in 1993. It features diverse ethnic groups, speaks Tigrinya and Arabic, and practices Christianity and Islam. Faces political and economic challenges.

Ambassador and Consul General

Global India Business Forum presented honorary H.E.Alem Tsehaye Woldemariam, Ambassador Embassy of the State of Eritrea. The GIBF team had a fruitful discussion to collaborate GIBF and Eritrea to explore different business opportunities and trade between two countries. Global President- GIBF Dr. Jitendra Joshi and Co-founder Director - Global Operations Deepali Gadkari attended the meeting.

Gold,Copper ore,Zinc ore,Silver

Machinery, Fuel and Food.

About Eritrea

The state of Eritrea is a North-eastern African country. Agriculture is the biggest contributor to the countrys economy, providing a livelihood for about four-fifths of the population. The sector also contributes to a large portion of Eritrea exports. Until recently, the ountry's borders were closed restricting trade relations to a major extent. Now, with the country opening its gates investment opportunities

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Business Opportunities in Eritrea

Eritrea is reopening its borders and restoring trade, transport and telecommunications links between the neighbouring countries and important trading partners in Europe and the Far East. This has given opportunities to foreign investors for starting businesses in Eritrea. One can find investment opportunities mining, agriculture, tourism industry and manufacturing industry. Other viable sectors for investment are textile and leather manufacturing industries and packaging industry.

Exports and Imports In Eritrea

Overview In 2022 Eritrea was the number 163 economy in the world in terms of total exports and the number 195 in total imports.

Top Exports of Eritrea

The top exports of Eritrea are Zinc Ore ($310M), Gold ($263M), Copper Ore ($192M), Wheat ($14.9M), and Non-Knit Women's Suits ($4.08M), exporting mostly to China ($412M), United Arab Emirates ($263M), South Korea ($74.3M), Japan ($15.5M), and Madagascar ($14.9M).

Top Imports of Eritrea

The top imports of Eritrea are Other Sea Vessels ($29.3M), Sorghum ($27M), Wheat Flours ($22.7M), Other Edible Preparations ($15.4M), and Refined Petroleum ($12.9M), importing mostly from China ($148M), United Arab Emirates ($114M), Turkey ($53.7M), United States ($31.5M), and India ($17.5M).

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Global India Business Forum - Brochure

The GIBF brochure gives you comprehensive insight of all the events and programs that we have conducted over a period of time. Download

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