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2022
Flag → Flag
Exports $4.2BRnk 21 / 224
2022
Flag → Flag
Top Product $1.29BRefined Petroleum
2022
Flag → Flag
Exports $9.63BRnk 6 / 209
2022
Flag → Flag
Top Product $9.73BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
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Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Netherlands-Norway Trade: In 2022, Netherlands exported $4.2B to Norway. The main products that Netherlands exported to Norway were Refined Petroleum ($1.29B), Industrial Fatty Acids, Oils and Alcohols ($171M), and Broadcasting Equipment ($143M). Over the past 5 years the exports of Netherlands to Norway have increased at an annualized rate of 22.9%, from $1.5B in 2017 to $4.2B in 2022.

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 Trade: In 2022, Norway exported $9.63B to Netherlands. The main products that Norway exported to Netherlands were Crude Petroleum ($9.73B), Raw Aluminium ($944M), and Non-fillet Fresh Fish ($802M). Over the past 5 years the exports of Norway to Netherlands have increased at an annualized rate of 19.9%,  from $3.88B in 2017 to $9.63B in 2022.

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 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €662M and imported €684M from Norway, resulting in a negative trade balance of €22M. Between October 2021 and October 2022 the exports of Netherlands have increased by €295M (80.4%) from €367M to €662M, while imports decreased by €-39M (-5.39%) from €723M to €684M.

Trade In October 2022, the top exports of Netherlands to Norway were Fruit and nuts (not including oil... (€16M), Petroleum oils and oils obtained from... (€14M), Vegetables, fresh, chilled, frozen or simply... (€12M), Medicinal and pharmaceutical products, other than... (€12M), and Medicaments (including veterinary medicaments) (€11M). In October 2022 the top imports of Netherlands from Norway were Petroleum oils and oils obtained from... (€194M), Liquefied propane and butane (€72M), Aluminium (€51M), Pig-iron, spiegeleisen, sponge iron, iron or... (€23M), and Zinc (€23M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Norway was explained primarily by an increase in product exports in Petroleum oils and oils obtained from... (€9M or 180%), Medicinal and pharmaceutical products, other than... (€6M or 100%), and Miscellaneous chemical products, n.e.s. (€4M or 80%). In October 2022, the decrease in Netherlands's year-by-year imports  from Norway was explained primarily by an decrease in product imports  in Petroleum oils and oils obtained from... (€-141M or -42.1%), Civil engineering and contractors' plant and... (€-10M or -90.9%), and Fish, fresh (live or dead), chilled... (€-4M or -26.7%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (October 2021 - October 2022)€295M(80.4%)
IMPORT GROWTH (October 2021 - October 2022)€-39M(-5.39%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Norway and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Norway and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $4.2B to Norway. The main products exported from Netherlands to Norway were Refined Petroleum ($1.29B), Industrial Fatty Acids, Oils and Alcohols ($171M), and Broadcasting Equipment ($143M). During the last 5 years the exports of Netherlands to Norway have increased at an annualized rate of 22.9%, from $1.5B in 2017 to $4.2B in 2022.

In 2017, Norway exported $9.63B to Netherlands. The main products exported from Norway to Netherlands were Crude Petroleum ($9.73B), Raw Aluminium ($944M), and Non-fillet Fresh Fish ($802M). During the last 22 years the exports of Norway to Netherlands have increased at an annualized rate of 19.9%, from $3.88B in 1995 to $9.63B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Norway
Top DestinationGermany$78.1B

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 2022, countries that imported more from Netherlands than Norway included Belgium ($94.3B), Germany ($131B), and France ($59.9B).

In 2022, countries that imported more from Norway than Netherlands included United Kingdom ($59.1B), Finland ($6.36B), and Bermuda ($310M).

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

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 2022, Netherlands had a large net trade with Norway in the exports of Mineral Products ($1.53B), Machines ($951M), and Chemical Products ($824M).

During 2017, Norway had a large net trade with Netherlands in the exports of Mineral Products ($11.6B), Metals ($2.37B), and Animal Products ($960M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Norway+$45.6MCars
Top Product Potential Norway Netherlands+$1.17BPetroleum Gas

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 Netherlands and Norway. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Netherlands.

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

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