Italy / Norway

Italy-Norway Trade: In 2022, Italy exported $2.01B to Norway. The main products that Italy exported to Norway were Valves ($149M), Wine ($120M), and Packaged Medicaments ($42M). Over the past 5 years the exports of Italy to Norway have increased at an annualized rate of 14.1%, from $1.04B in 2017 to $2.01B in 2022.

In 2020, Italy exported services to Norway worth $158M, with Travel ($53.7M), Other business services ($47.5M), and Transportation ($29M) being the largest in terms of value.

Norway-Italy Trade: In 2022, Norway exported $1.63B to Italy. The main products that Norway exported to Italy were Petroleum Gas ($5.78B), Non-fillet Fresh Fish ($576M), and Crude Petroleum ($278M). Over the past 5 years the exports of Norway to Italy have increased at an annualized rate of 6.93%,  from $1.17B in 2017 to $1.63B in 2022.

In 2009, Norway exported services to Italy worth $480M, with Other business services ($157M), Transportation ($157M), and Financial services ($72.4M) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).