Flag China / Norway Flag

Exports Flag β†’ Flag  (2018): $6.17B, Rnk 53 / 206

Top Product Flag β†’ Flag (2018): $679M, Broadcasting Equipment

Exports Flag β†’ Flag (2018): $2.73B, Rnk 10 / 199

Top Product Flag β†’ Flag (2018): $662M, Carboxyamide Compounds

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

Economic Complexity of Flag (2018): ECI 0.85, Rnk 34 / 137

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP Flag (2018): $434B, CURRENT US$
Rnk 27 / 196

GDP GROWTH Flag (2008-2018): -6.08%, CURRENT US$
Rnk 182 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

GDP PC Flag (2018): $81,697, CURRENT US$
Rnk 5 / 196

GDP PC GROWTH Flag (2008-2018): -15.7%, CURRENT US$
Rnk 177 / 196

China-Norway: In 2018, China exported $6.17B to Norway. The main products exported from China to Norway were Broadcasting Equipment ($679M), Computers ($618M), and Office Machine Parts ($271M). During the last 23 years the exports of China to Norway have increased at an annualized rate of 10.4%, from $637M in 1995 to $6.17B in 2018.

Norway-China: In 2018, Norway exported $2.73B to China. The main products exported from Norway to China were Carboxyamide Compounds ($662M), Non-fillet Frozen Fish ($344M), and Mixed Mineral or Chemical Fertilizers ($220M). During the last 23 years the exports of Norway to China have increased at an annualized rate of 11%, from $247M in 1995 to $2.73B in 2018. In 2017, Norway exported services to China worth $0, with being the largest in terms of value.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Norway ranked 34 in the Economic Complexity Index (ECI 0.85), and 33 in total exports ($127B). In terms of GDP Per Capita, China was ranked 78 with a GDP Per Capita of $9,771, and Norway was ranked 5 with a GDP Per Capita of $81,697.

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $6.17B to Norway. The main products exported from China to Norway were Broadcasting Equipment ($679M), Computers ($618M), and Office Machine Parts ($271M). During the last 23 years the exports of China to Norway have increased at an annualized rate of 10.4%, from $637M in 1995 to $6.17B in 2018.

In 2018, Norway exported $2.73B to China. The main products exported from Norway to China were Carboxyamide Compounds ($662M), Non-fillet Frozen Fish ($344M), and Mixed Mineral or Chemical Fertilizers ($220M). During the last 23 years the exports of Norway to China have increased at an annualized rate of 11%, from $247M in 1995 to $2.73B in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Norway
Top Destination
: United Kingdom, $25.8B

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 2018, countries that imported more from China than Norway were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, countries that imported more from Norway than China were Sweden ($9.8B), Iceland ($771M), and Gibraltar ($43M).

Comparative Advantage China - Norway

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Depth

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

During 2018, China had a large net trade with Norway in the exports of Machines ($2.73B), Textiles ($862M), and Miscellaneous ($655M).

During 2018, Norway had a large net trade with China in the exports of Chemical Products ($1.07B), Animal Products ($458M), and Mineral Products ($355M).

Tariff Section

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This sections shows import tariffs for products traded between China and Norway (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Norway were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2018, the products from Norway that paid the highest import tariffs to enter China were Poultry: live, turkeys, weighing not more than 185g (555%) and Poultry: live, ducks, weighing not more than 185g (555%).

Explore Tariff Data

*The tariffs present between China and Norway are:
125: General duty rate
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between China and Norway. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2017, Norway exported services to China worth $0, with 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 red.  This mean that the more blue a dot/product is, the more China has comparative advantage over Norway. Similarly, the more red a dot/product is, the more Norway has comparative advantage over China.