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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$579BCURRENT US$
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13%CURRENT US$
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$33,815CURRENT US$
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-31.2%CURRENT US$
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$106,149CURRENT US$
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3.89%CURRENT US$
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About

Japan-Norway Trade: In 2022, Japan exported $1.36B to Norway. The main products that Japan exported to Norway were Cars ($510M), Iron Pipes ($154M), and Delivery Trucks ($57.3M). Over the past 5 years the exports of Japan to Norway have increased at an annualized rate of 0.11%, from $1.35B in 2017 to $1.36B in 2022.

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

Norway-Japan Trade: In 2022, Norway exported $1.23B to Japan. The main products that Norway exported to Japan were Fish Fillets ($319M), Non-fillet Frozen Fish ($144M), and Raw Nickel ($99.6M). Over the past 5 years the exports of Norway to Japan have decreased at an annualized rate of 3.52%,  from $1.48B in 2017 to $1.23B in 2022.

In 2010, Norway exported services to Japan worth $999M, with Services not allocated ($498M), Transportation ($192M), and Other business services ($186M) being the largest in terms of value.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $1.36B to Norway. The main products exported from Japan to Norway were Cars ($510M), Iron Pipes ($154M), and Delivery Trucks ($57.3M). During the last 5 years the exports of Japan to Norway have increased at an annualized rate of 0.11%, from $1.35B in 2017 to $1.36B in 2022.

In 2017, Norway exported $1.23B to Japan. The main products exported from Norway to Japan were Fish Fillets ($319M), Non-fillet Frozen Fish ($144M), and Raw Nickel ($99.6M). During the last 5 years the exports of Norway to Japan have decreased at an annualized rate of 3.52%, from $1.48B in 2022 to $1.23B in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Japan than Norway included United States ($137B), China ($135B), and Chinese Taipei ($50.1B).

In 2022, countries that imported more from Norway than Japan included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Japan - Norway

Flow
Scale

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

During 2022, Japan had a large net trade with Norway in the exports of Transportation ($645M), Metals ($244M), and Machines ($238M).

During 2017, Norway had a large net trade with Japan in the exports of Animal Products ($555M), Chemical Products ($226M), and Metals ($182M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Norway+$166MCars
Top Product Potential Norway Japan+N/AN/A

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Japan and Norway. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Japan.

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

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