2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Norway-Philippines In 2022, Norway exported $109M to Philippines. The main products that Norway exported to Philippines are Mixed Mineral or Chemical Fertilizers ($25M), Insulated Wire ($22.3M), and Non-fillet Frozen Fish ($15M). During the last 27 years the exports of Norway to Philippines have increased at an annualized rate of 9.71%, from $8.93M in 1995 to $109M in 2022.

In 2022, Norway did not export any services to Philippines.

Philippines-Norway In 2022, Philippines exported $68.1M to Norway. The main products that Philippines exported to Norway were Integrated Circuits ($14.8M), Office Machine Parts ($10.6M), and Rubber Tires ($2.91M). During the last 27 years the exports of Philippines to Norway have increased at an annualized rate of 4.77%, from $19.3M in 1995 to $68.1M in 2022.

In 2022, Philippines did not export any services to Norway.

Comparison In 2022,  Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $109M to Philippines. The main products exported from Norway to Philippines were Mixed Mineral or Chemical Fertilizers ($25M), Insulated Wire ($22.3M), and Non-fillet Frozen Fish ($15M). During the last 27 years the exports of Norway to Philippines have increased at an annualized rate of 9.71%, from $8.93M in 1995 to $109M in 2022.

In 2022, Philippines exported $68.1M to Norway. The main products exported from Philippines to Norway were Integrated Circuits ($14.8M), Office Machine Parts ($10.6M), and Rubber Tires ($2.91M). During the last 27 years the exports of Philippines to Norway have increased at an annualized rate of 4.77%, from $19.3M in 1995 to $68.1M in 2022.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Philippines
Top Destination
United States$15.5B

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

In 2021, countries that imported more from Norway than Philippines were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Philippines than Norway were Hong Kong ($12.6B), Japan ($11.3B), and United States ($15.5B).

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

Comparative Advantage Norway - Philippines

Flow
Scale

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

During 2022, Norway had a large net trade with Philippines in the exports of Chemical Products ($51.3M), Machines ($25.8M), and Animal Products ($22.5M).

During 2022, Philippines had a large net trade with Norway in the exports of Machines ($40M), Textiles ($4.82M), and Plastics and Rubbers ($3.55M).

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 Norway has comparative advantage over Philippines. Similarly, the more yellow a dot/product is, the more Philippines has comparative advantage over Norway.

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

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