Norway (NOR) and Belarus (BLR) Trade | The Observatory of Economic Complexity

About

Norway-Belarus In 2022, Norway exported $30.2M to Belarus. The main products that Norway exported to Belarus are Non-fillet Fresh Fish ($10.3M), Non-fillet Frozen Fish ($9.57M), and Fish Fillets ($8.71M). During the last 27 years the exports of Norway to Belarus have increased at an annualized rate of 9.1%, from $2.88M in 1995 to $30.2M in 2022.

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

Belarus-Norway In 2022, Belarus exported $217M to Norway. The main products that Belarus exported to Norway were Rapeseed Oil ($199M), Molasses ($4.34M), and Wheat Gluten ($2.46M). During the last 27 years the exports of Belarus to Norway have increased at an annualized rate of 10.7%, from $13.8M in 1995 to $217M in 2022.

In 2014, Belarus exported services to Norway worth $2.55M, with Computer and information services ($2.53M), Royalties and license fees ($9.8k), and Government services, n.i.e. ($3.5k) being the largest in terms of value.

Comparison In 2022, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, Belarus ranked 30 in the Economic Complexity Index (ECI 0.86), and 100 in total exports ($10.4B).

Latest Trends

February, 2024

About

Overview In February 2024, Norway exported NOK25.1M and imported NOK147M from Belarus, resulting in a negative trade balance of NOK122M. Between February 2023 and February 2024 the exports of Norway have decreased by NOK-16.1M (-39%) from NOK41.2M to NOK25.1M, while imports decreased by NOK-18.1M (-11%) from NOK165M to NOK147M.

Trade In February 2024, the top exports of Norway to Belarus were Fish (not marine mammals), crustaceans, molluscs... (NOK31.6M), Road vehicles (including air-cushion vehicles) (NOK1.53M), Inorganic chemicals (NOK126k), Live animals other than animals of... (NOK0), and Meat and meat preparations (NOK0). In February 2024 the top imports of Norway from Belarus were Sugars, sugar preparations and honey (NOK9.86M), Manufactures of metals, n.e.s. (NOK379k), Articles of apparel and clothing accessories (NOK184k), Rubber manufactures, n.e.s. (NOK145k), and Office machines and automatic data-processing machines (NOK60k).

Growth In February 2024, the decrease in Norway's year-by-year exports to Belarus was explained primarily by an decrease in product exports in Fish (not marine mammals), crustaceans, molluscs... (NOK-21.2M or -40.1%), Dyeing, tanning and colouring materials (NOK-2.15M or -100%), and Electrical machinery, apparatus and appliances, n.e.s.,... (NOK-986k or -100%). In February 2024, the decrease in Norway's year-by-year imports from Belarus was explained primarily by an decrease in product imports in Fixed vegetable fats and oils, crude,... (NOK-65.7M or -100%), Chemical materials and products, n.e.s. (NOK-26.2M or -100%), and Iron and steel (NOK-11.4M or -100%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)NOK-16.1M(-39%)

IMPORT GROWTH (February 2023 - February 2024)NOK-18.1M(-11%)

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 Belarus and Norway trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norway exported $30.2M to Belarus. The main products exported from Norway to Belarus were Non-fillet Fresh Fish ($10.3M), Non-fillet Frozen Fish ($9.57M), and Fish Fillets ($8.71M). During the last 27 years the exports of Norway to Belarus have increased at an annualized rate of 9.1%, from $2.88M in 1995 to $30.2M in 2022.

In 2022, Belarus exported $217M to Norway. The main products exported from Belarus to Norway were Rapeseed Oil ($199M), Molasses ($4.34M), and Wheat Gluten ($2.46M). During the last 27 years the exports of Belarus to Norway have increased at an annualized rate of 10.7%, from $13.8M in 1995 to $217M in 2022.

Exports from Norway () to Belarus () (2022)

Exports from Belarus () to Norway () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

Belarus
Top DestinationChina$1.6B

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

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

In 2021, countries that imported more from Belarus than Norway were Ukraine ($1.29B), Kazakhstan ($827M), and Uzbekistan ($386M).

Difference in imports from Belarus () and Norway () (2022)

Comparative Advantage Norway - Belarus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norway had a large net trade with Belarus in the exports of Animal Products ($28.5M), Transportation ($1.18M), and Machines ($250k).

During 2022, Belarus had a large net trade with Norway in the exports of Animal and Vegetable Bi-Products ($201M), Foodstuffs ($5.87M), and Metals ($3.07M).

Service Trade

Bilateral Service Trade

Blr Year

In 2014, Belarus exported services to Norway worth $2.55M, with Computer and information services ($2.53M), Royalties and license fees ($9.8k), and Government services, n.i.e. ($3.5k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belarus () to Norway () (2014)

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Norway () to Belarus () (2022)

Exports from Belarus () to Norway () (2022)

Market Competitiveness

Difference in imports from Belarus () and Norway () (2022)

Comparative Advantage Norway - Belarus

Service Trade

Bilateral Service Trade

Services Exports from Belarus () to Norway () (2014)

Economic Complexity

Competitive Landscape

Product Space of Norway () and Belarus () (2022)

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