Flag Netherlands / Norway Flag

Exports Flag β†’ Flag  (2018): $4.23B, Rnk 26 / 219

Top Product Flag β†’ Flag (2018): $294M, Refined Petroleum

Exports Flag β†’ Flag (2018): $12.4B, Rnk 3 / 199

Top Product Flag β†’ Flag (2018): $5.98B, Crude Petroleum

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

Economic Complexity of Flag (2018): ECI 0.85, Rnk 34 / 137

GDP Flag (2018): $914B, CURRENT US$
Rnk 17 / 196

GDP GROWTH Flag (2008-2018): -3.62%, CURRENT US$
Rnk 176 / 196

GDP Flag (2018): $434B, CURRENT US$
Rnk 27 / 196

GDP GROWTH Flag (2008-2018): -6.08%, CURRENT US$
Rnk 182 / 196

GDP PC Flag (2018): $53,024, CURRENT US$
Rnk 14 / 196

GDP PC GROWTH Flag (2008-2018): -8.02%, CURRENT US$
Rnk 164 / 196

GDP PC Flag (2018): $81,697, CURRENT US$
Rnk 5 / 196

GDP PC GROWTH Flag (2008-2018): -15.7%, CURRENT US$
Rnk 177 / 196

Netherlands-Norway: In 2018, Netherlands exported $4.23B to Norway. The main products exported from Netherlands to Norway were Refined Petroleum ($294M), Carbon-based Electronics ($152M), and Industrial Fatty Acids, Oils and Alcohols ($99.7M). During the last 23 years the exports of Netherlands to Norway have increased at an annualized rate of 4.82%, from $1.43B in 1995 to $4.23B in 2018. In 2009, Netherlands exported services to Norway worth $3.38B, with Services not allocated ($1.68B), Other business services ($736M), and Transportation ($485M) being the largest in terms of value.

Norway-Netherlands: In 2018, Norway exported $12.4B to Netherlands. The main products exported from Norway to Netherlands were Crude Petroleum ($5.98B), Raw Aluminium ($1.05B), and Petroleum Gas ($964M). During the last 23 years the exports of Norway to Netherlands have increased at an annualized rate of 5.91%, from $3.32B in 1995 to $12.4B in 2018. 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 2018, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16), and 7 in total exports ($550B). 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, Netherlands was ranked 14 with a GDP Per Capita of $53,024, and Norway was ranked 5 with a GDP Per Capita of $81,697.

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $4.23B to Norway. The main products exported from Netherlands to Norway were Refined Petroleum ($294M), Carbon-based Electronics ($152M), and Industrial Fatty Acids, Oils and Alcohols ($99.7M). During the last 23 years the exports of Netherlands to Norway have increased at an annualized rate of 4.82%, from $1.43B in 1995 to $4.23B in 2018.

In 2018, Norway exported $12.4B to Netherlands. The main products exported from Norway to Netherlands were Crude Petroleum ($5.98B), Raw Aluminium ($1.05B), and Petroleum Gas ($964M). During the last 23 years the exports of Norway to Netherlands have increased at an annualized rate of 5.91%, from $3.32B in 1995 to $12.4B in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Norway
Top Destination
: United Kingdom, $25.8B

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 2018, countries that imported more from Netherlands than Norway were Germany ($111B), Belgium-Luxembourg ($71.3B), and France ($38.3B).

In 2018, countries that imported more from Norway than Netherlands were Iceland ($771M), British Virgin Islands ($36.7M), and Falkland Islands ($2.88M).

Comparative Advantage Netherlands - Norway

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Depth

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

During 2018, Netherlands had a large net trade with Norway in the exports of Machines ($1.04B), Chemical Products ($604M), and Mineral Products ($470M).

During 2018, Norway had a large net trade with Netherlands in the exports of Mineral Products ($8.16B), Metals ($2.43B), and Animal Products ($532M).

Tariff Section

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This sections shows import tariffs for products traded between Netherlands and Norway (using the HS6 product classification and the last year reported).

In 2017, the products from Netherlands that paid the highest import tariffs to enter Norway were Sugar beet (178%) and Whey (173%).

In 2018, the products from Norway that paid the highest import tariffs to enter Netherlands were Poultry: live, turkeys, weighing not more than 185g (555%) and Poultry: live, ducks, weighing not more than 185g (555%).

Explore Tariff Data

*The tariffs present between Netherlands and Norway are:
136: Most Favoured Nation duty rate treatement
281: Preferential tariff for Norway

Trade Forecasts

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This section shows a forecast for total trade between Netherlands 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.

Explore Forecasts

Bilateral Service Trade

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In 2009, Netherlands exported services to Norway worth $3.38B, with Services not allocated ($1.68B), Other business services ($736M), and Transportation ($485M) 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.

Economic Complexity

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Competitive Landscape

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