2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Eritrea-Norway Trade: In 2023, Eritrea exported $20.9k to Norway. The main products that Eritrea exported to Norway were Beer ($16.5k), Valves ($2.36k), and Transmissions ($776). Over the past 5 years the exports of Eritrea to Norway have increased at an annualized rate of 7.38%, from $14.7k in 2018 to $20.9k in 2023.

In 2023, Eritrea did not export any services to Norway.

Norway-Eritrea Trade: In 2023, Norway exported $58.8k to Eritrea. The main products that Norway exported to Eritrea were Air Pumps ($15.2k), Other Knit Garments ($9.72k), and Plastic Lids ($3.16k). Over the past 5 years the exports of Norway to Eritrea have decreased at an annualized rate of 15.5%,  from $137k in 2018 to $58.8k in 2023.

In 2023, Norway did not export any services to Eritrea.

Comparison In 2023,  Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index. That same year, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Eritrea exported $20.9k to Norway. The main products exported from Eritrea to Norway were Beer ($16.5k), Valves ($2.36k), and Transmissions ($776). During the last 5 years the exports of Eritrea to Norway have increased at an annualized rate of 7.38%, from $14.7k in 2018 to $20.9k in 2023.

In 2018, Norway exported $58.8k to Eritrea. The main products exported from Norway to Eritrea were Air Pumps ($15.2k), Other Knit Garments ($9.72k), and Plastic Lids ($3.16k). During the last 5 years the exports of Norway to Eritrea have decreased at an annualized rate of 15.5%, from $137k in 2023 to $58.8k in 2018.

Exports from Eritrea (Flag) to Norway (Flag) (2023)

Exports from Norway (Flag) to Eritrea (Flag) (2023)

Latest Data

Trade between Eritrea (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Eritrea
Top Destination
China$355M
Norway
Top Destination
Germany$33.8B

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

In 2023, countries that imported more from Eritrea than Norway included Madagascar ($268k).

In 2023, countries that imported more from Norway than Eritrea included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

Difference in imports from Norway (Flag) and Eritrea (Flag) (2023)

Comparative Advantage Eritrea - Norway

Flow
Scale

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

During 2023, Eritrea had a large net trade with Norway in the exports of Foodstuffs ($16.5k), Machines ($3.55k), and Textiles ($778).

During 2018, Norway had a large net trade with Eritrea in the exports of Machines ($23.3k), Textiles ($17.2k), and Plastics and Rubbers ($3.64k).

Economic Complexity

Competitive Landscape

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

Product Space of Eritrea (Flag) and Norway (Flag) (2023)

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