Flag Spain / Norway Flag

2021
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Exports
: $1.86B, Rnk 35 / 222

2021
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Top Product
: $259M, Cars

2021
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Exports
: $2.31B, Rnk 13 / 204

2021
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Top Product
: $727M, Crude Petroleum

2021
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Economic Complexity (ECI)
: ECI 0.78, Rnk 35 / 131

2021
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Economic Complexity (ECI)
: ECI 0.69, Rnk 38 / 131

2021
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GDP
: $1.43T, CURRENT US$
Rnk 14 / 182

2011-2021
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GDP GROWTH
: -3.74%, CURRENT US$
Rnk 158 / 182

2021
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 GDP
: $482B, CURRENT US$
Rnk 27 / 182

2011-2021
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GDP GROWTH
: -3.18%, CURRENT US$
Rnk 156 / 182

2021
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GDP PC 
: $30,116, CURRENT US$
Rnk 32 / 182

2011-2021
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GDP PC GROWTH
: -4.93%, CURRENT US$
Rnk 139 / 182

2021
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GDP PC
: $89,203, CURRENT US$
Rnk 5 / 182

2011-2021
Flag
GDP PC GROWTH
: -11.3%, CURRENT US$
Rnk 150 / 182

Spain-Norway In 2021, Spain exported $1.86B to Norway. The main products that Spain exported to Norway are Cars ($259M), Aluminium Oxide ($171M), and Delivery Trucks ($169M). During the last 26 years the exports of Spain to Norway have increased at an annualized rate of 4.36%, from $614M in 1995 to $1.86B in 2021.

In 2009, Spain exported services to Norway worth $2.84B, with Services not allocated ($1.61B), Travel ($1.12B), and Transportation ($112M) being the largest in terms of value.

Norway-Spain In 2021, Norway exported $2.31B to Spain. The main products that Norway exported to Spain were Crude Petroleum ($727M), Non-fillet Fresh Fish ($569M), and Raw Aluminium ($338M). During the last 26 years the exports of Norway to Spain have increased at an annualized rate of 4.63%, from $712M in 1995 to $2.31B in 2021.

In 2009, Norway exported services to Spain worth $399M, with Transportation ($161M), Other business services ($83.9M), and Financial services ($75.6M) being the largest in terms of value.

Comparison In 2021,  Spain ranked 35 in the Economic Complexity Index (ECI 0.78), and 16 in total exports ($372B). That same year, Norway ranked 38 in the Economic Complexity Index (ECI 0.69), and 33 in total exports ($164B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Spain exported $1.86B to Norway. The main products exported from Spain to Norway were Cars ($259M), Aluminium Oxide ($171M), and Delivery Trucks ($169M). During the last 26 years the exports of Spain to Norway have increased at an annualized rate of 4.36%, from $614M in 1995 to $1.86B in 2021.

In 2021, Norway exported $2.31B to Spain. The main products exported from Norway to Spain were Crude Petroleum ($727M), Non-fillet Fresh Fish ($569M), and Raw Aluminium ($338M). During the last 26 years the exports of Norway to Spain have increased at an annualized rate of 4.63%, from $712M in 1995 to $2.31B in 2021.

Market Competitiveness

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Color

Spain
Top Destination
: France, $59B

Norway
Top Destination
: United Kingdom, $33.5B

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

In 2021, countries that imported more from Spain than Norway were France ($59B), Portugal ($30.5B), and Italy ($30.6B).

In 2021, countries that imported more from Norway than Spain were United Kingdom ($33.5B), Sweden ($13.7B), and Denmark ($4.57B).

Comparative Advantage Spain - Norway

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Flow
Scale

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

During 2021, Spain had a large net trade with Norway in the exports of Transportation ($573M), Chemical Products ($279M), and Machines ($268M).

During 2021, Norway had a large net trade with Spain in the exports of Mineral Products ($818M), Animal Products ($654M), and Metals ($454M).

Bilateral Service Trade

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In 2009, Spain exported services to Norway worth $2.84B, with Services not allocated ($1.61B), Travel ($1.12B), and Transportation ($112M) being the largest in terms of value.

In 2009, Norway exported services to Spain worth $399M, with Transportation ($161M), Other business services ($83.9M), and Financial services ($75.6M) 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 Spain has comparative advantage over Norway. Similarly, the more yellow a dot/product is, the more Norway has comparative advantage over Spain.