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2023
Flag → Flag
Exports $270MRnk 86 / 216
2023
Flag → Flag
Top Product $151MRaw Aluminium
2023
Flag → Flag
Exports $427MRnk 33 / 205
2023
Flag → Flag
Top Product $78.7MNon-fillet Fresh Fish
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 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

United Arab Emirates-Norway Trade: In 2023, United Arab Emirates exported $270M to Norway. The main products that United Arab Emirates exported to Norway were Raw Aluminium ($151M), Machinery Having Individual Functions ($33M), and Refined Petroleum ($31.6M). Over the past 5 years the exports of United Arab Emirates to Norway have increased at an annualized rate of 56.1%, from $29.1M in 2018 to $270M in 2023.

In 2023, United Arab Emirates did not export any services to Norway.

Norway-United Arab Emirates Trade: In 2023, Norway exported $427M to United Arab Emirates. The main products that Norway exported to United Arab Emirates were Non-fillet Fresh Fish ($78.7M), Thermostats ($38.2M), and Surveying Equipment ($34.7M). Over the past 5 years the exports of Norway to United Arab Emirates have increased at an annualized rate of 2.62%,  from $313M in 2018 to $427M in 2023.

In 2023, Norway did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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, United Arab Emirates exported $270M to Norway. The main products exported from United Arab Emirates to Norway were Raw Aluminium ($151M), Machinery Having Individual Functions ($33M), and Refined Petroleum ($31.6M). During the last 5 years the exports of United Arab Emirates to Norway have increased at an annualized rate of 56.1%, from $29.1M in 2018 to $270M in 2023.

In 2018, Norway exported $427M to United Arab Emirates. The main products exported from Norway to United Arab Emirates were Non-fillet Fresh Fish ($78.7M), Thermostats ($38.2M), and Surveying Equipment ($34.7M). During the last 5 years the exports of Norway to United Arab Emirates have increased at an annualized rate of 2.62%, from $313M in 2023 to $427M in 2018.

Exports from United Arab Emirates (Flag) to Norway (Flag) (2023)

Exports from Norway (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Norway (Flag)

United Arab Emirates Exports

Norway Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from United Arab Emirates than Norway included India ($38.2B), China ($40.2B), and Japan ($37.4B).

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

Difference in imports from Norway (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Norway

Flow
Scale

This chart compares trade between United Arab Emirates and Norway by product, considering products traded by both, United Arab Emirates and Norway.

During 2023, United Arab Emirates had a large net trade with Norway in the exports of Metals ($160M), Machines ($52.3M), and Mineral Products ($31.6M).

During 2018, Norway had a large net trade with United Arab Emirates in the exports of Animal Products ($103M), Machines ($102M), and Instruments ($87M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Norway+$80.9MRefined Petroleum
Top Product Potential Norway United Arab Emirates+$43.2MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of United Arab Emirates (Flag) and Norway (Flag) (2023)

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