2021
Flag  
GDP
$1.01TCURRENT US$
Rnk 17 / 204
2011-2021
Flag
GDP GROWTH
11.8%CURRENT US$
Rnk 138 / 204
2021
Flag
 GDP
$490BCURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP GROWTH
-2.21%CURRENT US$
Rnk 172 / 204
2021
Flag
GDP PC 
$57,708CURRENT US$
Rnk 18 / 204
2011-2021
Flag
GDP PC GROWTH
6.41%CURRENT US$
Rnk 126 / 204
2021
Flag
GDP PC
$90,655CURRENT US$
Rnk 7 / 204
2011-2021
Flag
GDP PC GROWTH
-10.4%CURRENT US$
Rnk 166 / 204

About

Netherlands-Norway In 2021, Netherlands exported $4.89B to Norway. The main products that Netherlands exported to Norway are Refined Petroleum ($264M), Industrial Fatty Acids, Oils and Alcohols ($220M), and Packaged Medicaments ($112M). During the last 26 years the exports of Netherlands to Norway have increased at an annualized rate of 4.67%, from $1.49B in 1995 to $4.89B in 2021.

In 2020, Netherlands exported services to Norway worth $1.63B, with Transportation ($562M), Other business services ($477M), and Royalties and license fees ($391M) being the largest in terms of value.

Norway-Netherlands In 2021, Norway exported $12.2B to Netherlands. The main products that Norway exported to Netherlands were Crude Petroleum ($6.12B), Raw Aluminium ($796M), and Petroleum Gas ($732M). During the last 26 years the exports of Norway to Netherlands have increased at an annualized rate of 4.54%, from $3.84B in 1995 to $12.2B in 2021.

In 2009, Norway exported services to Netherlands worth $1.22B, with Other business services ($427M), Transportation ($347M), and Travel ($276M) being the largest in terms of value.

Comparison In 2021,  Netherlands ranked 22 in the Economic Complexity Index (ECI 1.09), and 6 in total exports ($642B). That same year, Norway ranked 38 in the Economic Complexity Index (ECI 0.69), and 33 in total exports ($164B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Netherlands exported $4.89B to Norway. The main products exported from Netherlands to Norway were Refined Petroleum ($264M), Industrial Fatty Acids, Oils and Alcohols ($220M), and Packaged Medicaments ($112M). During the last 26 years the exports of Netherlands to Norway have increased at an annualized rate of 4.67%, from $1.49B in 1995 to $4.89B in 2021.

In 2021, Norway exported $12.2B to Netherlands. The main products exported from Norway to Netherlands were Crude Petroleum ($6.12B), Raw Aluminium ($796M), and Petroleum Gas ($732M). During the last 26 years the exports of Norway to Netherlands have increased at an annualized rate of 4.54%, from $3.84B in 1995 to $12.2B in 2021.

Exports from Netherlands (Flag) to Norway (Flag) (2021)

Exports from Norway (Flag) to Netherlands (Flag) (2021)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$129B
Norway
Top Destination
United Kingdom$33.5B

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

In 2021, countries that imported more from Netherlands than Norway were Germany ($129B), Belgium ($80.2B), and France ($57.1B).

In 2021, countries that imported more from Norway than Netherlands were Bermuda ($485M), Brunei ($286M), and Iceland ($858M).

Difference in imports from Norway (Flag) and Netherlands (Flag) (2021)

Comparative Advantage Netherlands - Norway

Flow
Scale

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

During 2021, Netherlands had a large net trade with Norway in the exports of Machines ($1.07B), Chemical Products ($856M), and Vegetable Products ($519M).

During 2021, Norway had a large net trade with Netherlands in the exports of Mineral Products ($8.24B), Metals ($1.73B), and Animal Products ($795M).

Service Trade

Bilateral Service Trade

In 2020, Netherlands exported services to Norway worth $1.63B, with Transportation ($562M), Other business services ($477M), and Royalties and license fees ($391M) being the largest in terms of value.

In 2009, Norway exported services to Netherlands worth $1.22B, with Other business services ($427M), Transportation ($347M), and Travel ($276M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to Norway (Flag) (2020)

Services Exports from Norway (Flag) to Netherlands (Flag) (2009)

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

Product Space of Netherlands (Flag) and Norway (Flag) (2021)

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