Flag China / Norway Flag

2020
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Exports
: $7.79B, Rnk 50 / 209

2020
FlagFlag
Top Product
: $659M, 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

2020
FlagFlag
Exports
: $6.8B, Rnk 5 / 197

2020
FlagFlag
Top Product
: $3.93B, Petroleum oils and oils obtained from bituminous minerals; crude

2020
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Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
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Economic Complexity (ECI)
: ECI 0.71, Rnk 36 / 127

2020
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GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
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GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

2020
Flag
 GDP
: $362B, CURRENT US$
Rnk 31 / 195

2010-2020
Flag
GDP GROWTH
: -15.5%, CURRENT US$
Rnk 182 / 195

2020
Flag
GDP PC 
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

2020
Flag
GDP PC
: $67,330, CURRENT US$
Rnk 7 / 195

2010-2020
Flag
GDP PC GROWTH
: -23.2%, CURRENT US$
Rnk 176 / 195

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).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

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

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

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).

Bilateral Service Trade

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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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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.