Flag Germany / Norway Flag

Exports Flag → Flag  (2018): $10.8B, Rnk 30 / 216

Top Product Flag → Flag (2018): $1.99B, Cars

Exports Flag → Flag (2018): $20.2B, Rnk 2 / 199

Top Product Flag → Flag (2018): $12.7B, Petroleum Gas

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

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

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 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): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 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

Germany-Norway: In 2018, Germany exported $10.8B to Norway. The main products exported from Germany to Norway were Cars ($1.99B), Packaged Medicaments ($370M), and Passenger and Cargo Ships ($200M). During the last 23 years the exports of Germany to Norway have increased at an annualized rate of 3.82%, from $4.54B in 1995 to $10.8B in 2018. In 2016, Germany exported services to Norway worth $1.2B, with Transportation ($365M), Other business services ($314M), and Travel ($257M) being the largest in terms of value.

Norway-Germany: In 2018, Norway exported $20.2B to Germany. The main products exported from Norway to Germany were Petroleum Gas ($12.7B), Crude Petroleum ($3.36B), and Raw Aluminium ($477M). During the last 23 years the exports of Norway to Germany have increased at an annualized rate of 4.94%, from $6.68B in 1995 to $20.2B in 2018. In 2009, Norway exported services to Germany worth $3.06B, with Transportation ($1.15B), Other business services ($755M), and Travel ($649M) being the largest in terms of value.

Comparison: In 2018, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). 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, Germany was ranked 18 with a GDP Per Capita of $47,603, 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, Germany exported $10.8B to Norway. The main products exported from Germany to Norway were Cars ($1.99B), Packaged Medicaments ($370M), and Passenger and Cargo Ships ($200M). During the last 23 years the exports of Germany to Norway have increased at an annualized rate of 3.82%, from $4.54B in 1995 to $10.8B in 2018.

In 2018, Norway exported $20.2B to Germany. The main products exported from Norway to Germany were Petroleum Gas ($12.7B), Crude Petroleum ($3.36B), and Raw Aluminium ($477M). During the last 23 years the exports of Norway to Germany have increased at an annualized rate of 4.94%, from $6.68B in 1995 to $20.2B in 2018.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $132B

Norway
Top Destination
: United Kingdom, $25.8B

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

In 2018, countries that imported more from Germany than Norway were United States ($132B), France ($121B), and China ($109B).

In 2018, countries that imported more from Norway than Germany were Togo ($336M), Angola ($188M), and Gibraltar ($43M).

Comparative Advantage Germany - Norway

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Depth

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

During 2018, Germany had a large net trade with Norway in the exports of Transportation ($3.3B), Machines ($2.55B), and Chemical Products ($1.13B).

During 2018, Norway had a large net trade with Germany in the exports of Mineral Products ($16.6B), Metals ($1.22B), and Chemical Products ($571M).

Tariff Section

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

In 2017, the products from Germany that paid the highest import tariffs to enter Norway were Sugar beet (178%) and Whey (173%).

In 2018, the products from Norway that paid the highest import tariffs to enter Germany 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 Germany and Norway are:
136: Most Favoured Nation duty rate treatement
281: Preferential tariff for Norway

Trade Forecasts

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This section shows a forecast for total trade between Germany 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 2016, Germany exported services to Norway worth $1.2B, with Transportation ($365M), Other business services ($314M), and Travel ($257M) being the largest in terms of value.

In 2009, Norway exported services to Germany worth $3.06B, with Transportation ($1.15B), Other business services ($755M), and Travel ($649M) 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 Germany has comparative advantage over Norway. Similarly, the more red a dot/product is, the more Norway has comparative advantage over Germany.