2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Mexico-Norway In 2022, Mexico exported $583M to Norway. The main products that Mexico exported to Norway are Cars ($250M), Fish oil ($43.2M), and Iron Pipes ($35.5M). During the last 27 years the exports of Mexico to Norway have increased at an annualized rate of 11.6%, from $30M in 1995 to $583M in 2022.

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

Norway-Mexico In 2022, Norway exported $76.1M to Mexico. The main products that Norway exported to Mexico were Fish: dried, salted, smoked or in brine ($14.3M), Raw Nickel ($10.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($7.87M). During the last 27 years the exports of Norway to Mexico have increased at an annualized rate of 4.23%, from $24.9M in 1995 to $76.1M in 2022.

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

Comparison In 2022,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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, Mexico exported $583M to Norway. The main products exported from Mexico to Norway were Cars ($250M), Fish oil ($43.2M), and Iron Pipes ($35.5M). During the last 27 years the exports of Mexico to Norway have increased at an annualized rate of 11.6%, from $30M in 1995 to $583M in 2022.

In 2022, Norway exported $76.1M to Mexico. The main products exported from Norway to Mexico were Fish: dried, salted, smoked or in brine ($14.3M), Raw Nickel ($10.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($7.87M). During the last 27 years the exports of Norway to Mexico have increased at an annualized rate of 4.23%, from $24.9M in 1995 to $76.1M in 2022.

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

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

Latest Data

Trade between Mexico (Flag) and Norway (Flag)

Mexico Exports

Norway Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Norway
Top Destination
Germany$78.1B

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

In 2021, countries that imported more from Mexico than Norway were United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

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

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

Comparative Advantage Mexico - Norway

Flow
Scale

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

During 2022, Mexico had a large net trade with Norway in the exports of Transportation ($279M), Machines ($127M), and Instruments ($60.4M).

During 2022, Norway had a large net trade with Mexico in the exports of Animal Products ($18.4M), Metals ($13.5M), and Machines ($13.5M).

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

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with