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2022
Flag → Flag
Exports $394MRnk 33 / 209
2022
Flag → Flag
Top Product $65.7MNon-fillet Fresh Fish
2022
Flag → Flag
Exports $316MRnk 83 / 219
2022
Flag → Flag
Top Product $160MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
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Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Norway-United Arab Emirates Trade: In 2022, Norway exported $394M to United Arab Emirates. The main products that Norway exported to United Arab Emirates were Non-fillet Fresh Fish ($65.7M), Passenger and Cargo Ships ($59.2M), and Crude Petroleum ($48.8M). Over the past 5 years the exports of Norway to United Arab Emirates have decreased at an annualized rate of 5.23%, from $515M in 2017 to $394M in 2022.

In 2022, Norway did not export any services to United Arab Emirates.

United Arab Emirates-Norway Trade: In 2022, United Arab Emirates exported $316M to Norway. The main products that United Arab Emirates exported to Norway were Refined Petroleum ($160M), Raw Aluminium ($83.2M), and Rapeseed Oil ($10.7M). Over the past 5 years the exports of United Arab Emirates to Norway have increased at an annualized rate of 41.2%,  from $56.2M in 2017 to $316M in 2022.

In 2022, United Arab Emirates did not export any services to Norway.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Latest Trends

August, 2024

About

Overview In August 2024, Norway exported NOK290M and imported NOK942M from United Arab Emirates, resulting in a negative trade balance of NOK652M. Between August 2023 and August 2024 the exports of Norway have increased by NOK3.23M (1.13%) from NOK287M to NOK290M, while imports increased by NOK797M (549%) from NOK145M to NOK942M.

Trade In August 2024, the top exports of Norway to United Arab Emirates were Fish (not marine mammals), crustaceans, molluscs... (NOK73.9M), General industrial machinery and equipment, n.e.s.,... (NOK30.4M), Professional, scientific and controlling instruments and... (NOK30.2M), Machinery specialized for particular industries (NOK18.6M), and Inorganic chemicals (NOK16.8M). In August 2024 the top imports of Norway from United Arab Emirates were Non-ferrous metals (NOK25.1M), Machinery specialized for particular industries (NOK9.83M), General industrial machinery and equipment, n.e.s.,... (NOK6.31M), Non-metallic mineral manufactures, n.e.s. (NOK1.98M), and Miscellaneous manufactured articles, n.e.s. (NOK1.56M).

Growth In August 2024, the increase in Norway's year-by-year exports to United Arab Emirates was explained primarily by an increase in product exports in General industrial machinery and equipment, n.e.s.,... (NOK23.2M or 323%), Fish (not marine mammals), crustaceans, molluscs... (NOK18.9M or 34.4%), and Machinery specialized for particular industries (NOK16.2M or 666%). In August 2024, the increase in Norway's year-by-year imports  from United Arab Emirates was explained primarily by an increase in product imports  in Machinery specialized for particular industries (NOK6.78M or 223%), General industrial machinery and equipment, n.e.s.,... (NOK2.52M or 66.4%), and Furniture, and parts thereof; bedding, mattresses,... (NOK969k or 1.05k%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)NOK3.23M(1.13%)
IMPORT GROWTH (August 2023 - August 2024)NOK797M(549%)

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

To check United Arab Emirates and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Arab Emirates and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $394M to United Arab Emirates. The main products exported from Norway to United Arab Emirates were Non-fillet Fresh Fish ($65.7M), Passenger and Cargo Ships ($59.2M), and Crude Petroleum ($48.8M). During the last 5 years the exports of Norway to United Arab Emirates have decreased at an annualized rate of 5.23%, from $515M in 2017 to $394M in 2022.

In 2017, United Arab Emirates exported $316M to Norway. The main products exported from United Arab Emirates to Norway were Refined Petroleum ($160M), Raw Aluminium ($83.2M), and Rapeseed Oil ($10.7M). During the last 5 years the exports of United Arab Emirates to Norway have increased at an annualized rate of 41.2%, from $56.2M in 2022 to $316M in 2017.

Exports from Norway (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
United Arab Emirates
Top DestinationIndia$51B

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

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

In 2022, countries that imported more from United Arab Emirates than Norway included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

Difference in imports from United Arab Emirates (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - United Arab Emirates

Flow
Scale

This chart compares trade between Norway and United Arab Emirates by product, considering products traded by both, Norway and United Arab Emirates.

During 2022, Norway had a large net trade with United Arab Emirates in the exports of Machines ($97.2M), Animal Products ($77M), and Transportation ($63.6M).

During 2017, United Arab Emirates had a large net trade with Norway in the exports of Mineral Products ($160M), Metals ($88.5M), and Machines ($31.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway United Arab Emirates+$43.2MCrude Petroleum
Top Product Potential United Arab Emirates Norway+$80.9MRefined Petroleum

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

Product Space of Norway (Flag) and United Arab Emirates (Flag) (2022)

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