Comparison: In 2018, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49),
and 9 in total exports ($464B).
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, United Kingdom was ranked 22 with a GDP Per Capita of $42,944,
and Norway was ranked 5 with a GDP Per Capita of $81,697.
In 2018, Norway exported $25.8B to United Kingdom. The main products exported from Norway to United Kingdom were Crude Petroleum ($12B), Petroleum Gas ($10.2B), and Refined Petroleum ($470M). During the last 23 years the exports of Norway to United Kingdom have increased at an annualized rate of 5.95%,
from $6.83B in 1995 to $25.8B in 2018.
This map shows whether countries import more from United Kingdom or Norway. Each country is colored based on the difference in imports they receive from United Kingdom and Norway or the difference in the growth in imports.
During 2018, United Kingdom had a large net trade with Norway in the exports of Transportation ($1.13B), Machines ($1.1B), and Mineral Products ($721M).
During 2018, Norway had a large net trade with United Kingdom in the exports of Mineral Products ($22.9B), Machines ($642M), and Metals ($575M).
This section shows a forecast for total trade between United Kingdom 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.
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 United Kingdom has comparative advantage over Norway. Similarly, the more red a dot/product is, the more Norway has comparative advantage over United Kingdom.
United Kingdom / Norway 
