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

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $25.3k in 2022.

In 2017, 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 2022 to $86.2k in 2017.

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

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

Latest Data

Trade between Eritrea (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

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

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

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

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

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 2022, Eritrea had a large net trade with Norway in the exports of Miscellaneous ($8.45k), Instruments ($6.64k), and Chemical Products ($3.48k).

During 2017, Norway had a large net trade with Eritrea in the exports of Textiles ($27.8k), Machines ($16.3k), and Instruments ($12.2k).

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) (2022)

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