2022
Flag  
GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
Flag
 GDP
$579BCURRENT US$
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2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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2022
Flag
GDP PC
$106,149CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
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About

Spain-Norway In 2022, Spain exported $1.86B to Norway. The main products that Spain exported to Norway are Cars ($174M), Delivery Trucks ($167M), and Aluminium Oxide ($152M). During the last 27 years the exports of Spain to Norway have increased at an annualized rate of 4.14%, from $623M in 1995 to $1.86B in 2022.

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 2022, Norway exported $2.49B to Spain. The main products that Norway exported to Spain were Non-fillet Fresh Fish ($619M), Crude Petroleum ($485M), and Raw Aluminium ($362M). During the last 27 years the exports of Norway to Spain have increased at an annualized rate of 4.64%, from $730M in 1995 to $2.49B in 2022.

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 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $1.86B to Norway. The main products exported from Spain to Norway were Cars ($174M), Delivery Trucks ($167M), and Aluminium Oxide ($152M). During the last 27 years the exports of Spain to Norway have increased at an annualized rate of 4.14%, from $623M in 1995 to $1.86B in 2022.

In 2022, Norway exported $2.49B to Spain. The main products exported from Norway to Spain were Non-fillet Fresh Fish ($619M), Crude Petroleum ($485M), and Raw Aluminium ($362M). During the last 27 years the exports of Norway to Spain have increased at an annualized rate of 4.64%, from $730M in 1995 to $2.49B in 2022.

Exports from Spain (Flag) to Norway (Flag) (2022)

Exports from Norway (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Norway
Top Destination
Germany$78.1B

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 ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2021, countries that imported more from Norway than Spain were Germany ($78.1B), United Kingdom ($59.1B), and Sweden ($17.7B).

Difference in imports from Norway (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Norway

Flow
Scale

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

During 2022, Spain had a large net trade with Norway in the exports of Transportation ($485M), Chemical Products ($403M), and Machines ($219M).

During 2022, Norway had a large net trade with Spain in the exports of Animal Products ($760M), Mineral Products ($712M), and Metals ($593M).

Service Trade

Bilateral Service Trade

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.

Services Exports from Spain (Flag) to Norway (Flag) (2009)

Services Exports from Norway (Flag) to Spain (Flag) (2009)

Economic Complexity

Competitive Landscape

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.

Product Space of Spain (Flag) and Norway (Flag) (2022)

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