Belgium / Norway

Belgium-Norway Trade: In 2022, Belgium exported $2.25B to Norway. The main products that Belgium exported to Norway were Cars ($782M), Halogens ($95M), and Vaccines, blood, antisera, toxins and cultures ($90.3M). Over the past 5 years the exports of Belgium to Norway have increased at an annualized rate of 11.1%, from $1.33B in 2017 to $2.25B in 2022.

In 2020, Belgium exported services to Norway worth $509M, with Other business services ($211M), Transportation ($172M), and Insurance services ($46.8M) being the largest in terms of value.

Norway-Belgium Trade: In 2022, Norway exported $20.3B to Belgium. The main products that Norway exported to Belgium were Petroleum Gas ($18.8B), Refined Petroleum ($529M), and Acyclic Hydrocarbons ($154M). Over the past 5 years the exports of Norway to Belgium have increased at an annualized rate of 33.6%,  from $4.77B in 2017 to $20.3B in 2022.

In 2009, Norway exported services to Belgium worth $1.53B, with Other business services ($753M), Transportation ($549M), and Computer and information services ($79.8M) being the largest in terms of value.

Comparison: In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).