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 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $58.8k in 2023.

In 2018, 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 2023 to $20.9k in 2018.

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

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

Market Competitiveness

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

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

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

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

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 2023, Norway had a large net trade with Eritrea in the exports of Machines ($23.3k), Textiles ($17.2k), and Plastics and Rubbers ($3.64k).

During 2018, Eritrea had a large net trade with Norway in the exports of Foodstuffs ($16.5k), Machines ($3.55k), and Textiles ($778).

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) (2023)

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