2021
Flag  
GDP
$490BCURRENT US$
Rnk 26 / 204
2011-2021
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GDP GROWTH
-2.21%CURRENT US$
Rnk 172 / 204
2021
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 GDP
$4.26TCURRENT US$
Rnk 4 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 130 / 204
2021
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GDP PC 
$90,655CURRENT US$
Rnk 7 / 204
2011-2021
Flag
GDP PC GROWTH
-10.4%CURRENT US$
Rnk 166 / 204
2021
Flag
GDP PC
$51,204CURRENT US$
Rnk 26 / 204
2011-2021
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GDP PC GROWTH
9.63%CURRENT US$
Rnk 116 / 204

About

Norway-Germany In 2021, Norway exported $31.5B to Germany. The main products that Norway exported to Germany are Petroleum Gas ($24.2B), Crude Petroleum ($2.11B), and Raw Aluminium ($770M). During the last 26 years the exports of Norway to Germany have increased at an annualized rate of 5.83%, from $7.22B in 1995 to $31.5B in 2021.

In 2009, Norway exported services to Germany worth $3.06B, with Transportation ($1.15B), Other business services ($755M), and Travel ($649M) being the largest in terms of value.

Germany-Norway In 2021, Germany exported $11.3B to Norway. The main products that Germany exported to Norway were Cars ($2.71B), Packaged Medicaments ($253M), and Iron Structures ($198M). During the last 26 years the exports of Germany to Norway have increased at an annualized rate of 3.74%, from $4.35B in 1995 to $11.3B in 2021.

In 2020, Germany exported services to Norway worth $1.05B, with Other business services ($427M), Transportation ($289M), and Computer and information services ($144M) being the largest in terms of value.

Comparison In 2021,  Norway ranked 38 in the Economic Complexity Index (ECI 0.69), and 33 in total exports ($164B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Norway exported $31.5B to Germany. The main products exported from Norway to Germany were Petroleum Gas ($24.2B), Crude Petroleum ($2.11B), and Raw Aluminium ($770M). During the last 26 years the exports of Norway to Germany have increased at an annualized rate of 5.83%, from $7.22B in 1995 to $31.5B in 2021.

In 2021, Germany exported $11.3B to Norway. The main products exported from Germany to Norway were Cars ($2.71B), Packaged Medicaments ($253M), and Iron Structures ($198M). During the last 26 years the exports of Germany to Norway have increased at an annualized rate of 3.74%, from $4.35B in 1995 to $11.3B in 2021.

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

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

Market Competitiveness

Color
Norway
Top Destination
United Kingdom$33.5B
Germany
Top Destination
United States$135B

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

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

In 2021, countries that imported more from Germany than Norway were United States ($135B), China ($121B), and France ($119B).

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

Comparative Advantage Norway - Germany

Flow
Scale

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

During 2021, Norway had a large net trade with Germany in the exports of Mineral Products ($27.2B), Metals ($1.58B), and Chemical Products ($629M).

During 2021, Germany had a large net trade with Norway in the exports of Transportation ($3.63B), Machines ($2.54B), and Chemical Products ($1.04B).

Service Trade

Bilateral Service Trade

In 2009, Norway exported services to Germany worth $3.06B, with Transportation ($1.15B), Other business services ($755M), and Travel ($649M) being the largest in terms of value.

In 2020, Germany exported services to Norway worth $1.05B, with Other business services ($427M), Transportation ($289M), and Computer and information services ($144M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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

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