China (CHN) and Norway (NOR) Trade | OEC - The Observatory of Economic Complexity

About

China-Norway In 2020, China exported $7.79B to Norway. The main products that China exported to Norway are Transmission apparatus for radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras, digital cameras and video camera recorders ($659M), Automatic data processing machines and units thereof, magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included ($574M), and Machinery; parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.70 to 84.72 ($435M). During the last 25 years the exports of China to Norway have increased at an annualized rate of 10.9%, from $585M in 1995 to $7.79B in 2020.

In 2020, China did not export any services to Norway.

Norway-China In 2020, Norway exported $6.8B to China . The main products that Norway exported to China were Petroleum oils and oils obtained from bituminous minerals; crude ($3.93B), Carboxyamide-function compounds; amide-function compounds of carbonic acid ($737M), and Fish; frozen, excluding fish fillets and other fish meat of heading 0304 ($283M). During the last 25 years the exports of Norway to China have increased at an annualized rate of 14.1%, from $253M in 1995 to $6.8B in 2020.

In 2010, Norway exported services to China worth $1B, with Services not allocated ($502M), Transportation ($224M), and Other business services ($200M) being the largest in terms of value.

Comparison In 2020, China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T). That same year, Norway ranked 36 in the Economic Complexity Index (ECI 0.71), and 38 in total exports ($86.2B).

Latest Trends

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May, 2022

About

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Overview In May 2022 China exported $370M and imported $795M from Norway, resulting in a negative trade balance of $425M. Between May 2021 and May 2022 the exports of China have increased by $109M (41.7%) from $261M to $370M, while imports decreased by $-257M (-24.4%) from $1.05B to $795M.

Trade In May 2022, the top exports of China to Norway were Carbon-based Electronics ($34.9M), Nickel Mattes ($26.8M), Cars ($22.7M), Light Fixtures ($14.6M), and Computers ($8.32M). In May 2022 the top imports of China from Norway were Crude Petroleum ($450M), Raw Nickel ($58.6M), Non-fillet Fresh Fish ($32.6M), Non-fillet Frozen Fish ($31.8M), and Mixed Mineral or Chemical Fertilizers ($30.9M).

Origins In May 2022 the exports of China were mainly from Shandong Province ($66.6M), Zhejiang Province ($64.4M), Guangdong Province ($60.9M), Fujian Province ($46.3M), and Jiangsu Province ($44.4M), while imports destinations were mainly Beijing ($499M), Guangdong Province ($62.5M), Shanghai Province ($52.6M), Tianjin ($49.6M), and Shandong Province ($43.1M).

Growth In May 2022, the increase in China's year-by-year exports to Norway was explained primarily by an increase in product exports in Cars ($34.2M or 384%), Iron Structures ($6.79M or 243%), and Other Cloth Articles ($4.59M or 230%). In May 2022, the decrease in China's year-by-year imports from Norway was explained primarily by an decrease in product imports in Crude Petroleum ($-185M or -26.6%), Mixed Mineral or Chemical Fertilizers ($-22.3M or -95.8%), and Non-fillet Fresh Fish ($-15.3M or -58%).

Latest Trade

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Time Scale

Flow

Depth

Value

EXPORT GROWTH (May 2021 - May 2022): $109M, (41.7%)

IMPORT GROWTH (May 2021 - May 2022): $-257M, (-24.4%)

MAIN EXPORTER (May 2022): Shandong Province, $66.6M

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

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

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Compare to

Year

In 2020, China exported $7.79B to Norway. The main products exported from China to Norway were Transmission apparatus for radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras, digital cameras and video camera recorders ($659M), Automatic data processing machines and units thereof, magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included ($574M), and Machinery; parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.70 to 84.72 ($435M). During the last 25 years the exports of China to Norway have increased at an annualized rate of 10.9%, from $585M in 1995 to $7.79B in 2020.

In 2020, Norway exported $6.8B to China. The main products exported from Norway to China were Petroleum oils and oils obtained from bituminous minerals; crude ($3.93B), Carboxyamide-function compounds; amide-function compounds of carbonic acid ($737M), and Fish; frozen, excluding fish fillets and other fish meat of heading 0304 ($283M). During the last 25 years the exports of Norway to China have increased at an annualized rate of 14.1%, from $253M in 1995 to $6.8B in 2020.

Market Competitiveness

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Measure

SectionYear

China
Top Destination: United States, $438B

Norway
Top Destination: United Kingdom, $14B

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

In 2019, countries that imported more from China than Norway were United States ($438B), Hong Kong ($262B), and Japan ($151B).

In 2019, countries that imported more from Norway than China were Iceland ($490M), Sweden ($9.1B), and Greenland ($3.54M).

Comparative Advantage China - Norway

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Flow

Year

This chart compares trade between China and Norway by product, considering products traded by both, China and Norway.

During 2020, China had a large net trade with Norway in the exports of Machines ($3.33B), Textiles ($1.09B), and Transportation ($875M).

During 2020, Norway had a large net trade with China in the exports of Mineral Products ($4.13B), Chemical Products ($1.09B), and Machines ($450M).

Service Trade

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Bilateral Service Trade

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Nor Year

In 2010, Norway exported services to China worth $1B, with Services not allocated ($502M), Transportation ($224M), and Other business services ($200M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more China has comparative advantage over Norway. Similarly, the more yellow a dot/product is, the more Norway has comparative advantage over China.

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage China - Norway

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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