2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Norway-Eritrea Trade: In 2022, Norway exported $86.2k to Eritrea. The main products that Norway exported to Eritrea were Other Knit Garments ($20.4k), Video Displays ($6.97k), and Surveying Equipment ($6.43k). Over the past 5 years the exports of Norway to Eritrea have increased at an annualized rate of 31.7%, from $21.7k in 2017 to $86.2k in 2022.

In 2022, Norway did not export any services to Eritrea.

Eritrea-Norway Trade: In 2022, Eritrea exported $25.3k to Norway. The main products that Eritrea exported to Norway were Other toys ($7.05k), Surveying Equipment ($6.64k), and Glaziers Putty ($2.53k). Over the past 5 years the exports of Eritrea to Norway have increased at an annualized rate of 54.1%,  from $2.91k in 2017 to $25.3k in 2022.

In 2022, Eritrea did not export any services to Norway.

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  and 28 in total exports ($285B). That same year, Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $86.2k to Eritrea. The main products exported from Norway to Eritrea were Other Knit Garments ($20.4k), Video Displays ($6.97k), and Surveying Equipment ($6.43k). During the last 5 years the exports of Norway to Eritrea have increased at an annualized rate of 31.7%, from $21.7k in 2017 to $86.2k in 2022.

In 2017, Eritrea exported $25.3k to Norway. The main products exported from Eritrea to Norway were Other toys ($7.05k), Surveying Equipment ($6.64k), and Glaziers Putty ($2.53k). During the last 5 years the exports of Eritrea to Norway have increased at an annualized rate of 54.1%, from $2.91k in 2022 to $25.3k in 2017.

Exports from Norway (Flag) to Eritrea (Flag) (2022)

Exports from Eritrea (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Eritrea
Top Destination
China$412M

This map shows whether countries import more from Norway or Eritrea. Each country is colored based on the difference in imports they receive from Norway and Eritrea or the difference in the growth in imports.

In 2022, countries that imported more from Norway than Eritrea included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Eritrea than Norway included Madagascar ($14.9M).

Difference in imports from Eritrea (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Eritrea

Flow
Scale

This chart compares trade between Norway and Eritrea by product, considering products traded by both, Norway and Eritrea.

During 2022, Norway had a large net trade with Eritrea in the exports of Textiles ($27.8k), Machines ($16.3k), and Instruments ($12.2k).

During 2017, Eritrea had a large net trade with Norway in the exports of Miscellaneous ($8.45k), Instruments ($6.64k), and Chemical Products ($3.48k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Eritrea+N/AN/A
Top Product Potential Eritrea Norway+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Norway and Eritrea. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over Eritrea. Similarly, a dot/product with the flag of Eritrea indicates it has a comparative advantage over Norway.

Product Space of Norway (Flag) and Eritrea (Flag) (2022)

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