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Pricing

2022
Flag → Flag
Exports $86.2kRnk 189 / 209
2022
Flag → Flag
Top Product $20.4kOther Knit Garments
2022
Flag → Flag
Exports $25.3kRnk 30 / 75
2022
Flag → Flag
Top Product $7.05kOther toys
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%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.

Latest Trends

October, 2024

About

Overview In October 2024, Norway exported NOK30k and imported NOK7k from Eritrea, resulting in a positive trade balance of NOK23k. Between October 2023 and October 2024 the exports of Norway have increased by NOK5k (20%) from NOK25k to NOK30k, while imports increased by NOK6k (600%) from NOK1k to NOK7k.

Trade In October 2024, the top exports of Norway to Eritrea were Articles of apparel and clothing accessories (NOK36k), Special transactions and commodities not classified... (NOK32k), Footwear (NOK8k), Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK5k), and Live animals other than animals of... (NOK0). In October 2024 the top imports of Norway from Eritrea were General industrial machinery and equipment, n.e.s.,... (NOK3k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0).

Growth In October 2024, the increase in Norway's year-by-year exports to Eritrea was explained primarily by an increase in product exports in Articles of apparel and clothing accessories (NOK28k or 350%) and Footwear (NOK3k or 60%). In October 2024, the increase in Norway's year-by-year imports  from Eritrea was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)NOK5k(20%)
IMPORT GROWTH (October 2023 - October 2024)NOK6k(600%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Eritrea and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Eritrea and Norway Data

Go to Bulk Download

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 DestinationGermany$78.1B
Eritrea
Top DestinationChina$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).

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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