Flag Norway / Germany Flag

2020
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Exports
: $9.77B, Rnk 2 / 197

2020
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Top Product
: $5.27B, Petroleum gases and other gaseous hydrocarbons

2020
FlagFlag
Exports
: $9.71B, Rnk 28 / 220

2020
FlagFlag
Top Product
: $2.06B, Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars

2020
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Economic Complexity (ECI)
: ECI 0.71, Rnk 36 / 127

2020
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Economic Complexity (ECI)
: ECI 1.88, Rnk 4 / 127

2020
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GDP
: $362B, CURRENT US$
Rnk 31 / 195

2010-2020
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GDP GROWTH
: -15.5%, CURRENT US$
Rnk 182 / 195

2020
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 GDP
: $3.85T, CURRENT US$
Rnk 4 / 195

2010-2020
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GDP GROWTH
: 13.3%, CURRENT US$
Rnk 133 / 195

2020
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GDP PC 
: $67,330, CURRENT US$
Rnk 7 / 195

2010-2020
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GDP PC GROWTH
: -23.2%, CURRENT US$
Rnk 176 / 195

2020
Flag
GDP PC
: $46,208, CURRENT US$
Rnk 19 / 195

2010-2020
Flag
GDP PC GROWTH
: 11.3%, CURRENT US$
Rnk 107 / 195

Norway-Germany In 2020, Norway exported $9.77B to Germany. The main products that Norway exported to Germany are Petroleum gases and other gaseous hydrocarbons ($5.27B), Petroleum oils and oils obtained from bituminous minerals; crude ($985M), and Aluminium; unwrought ($457M). During the last 25 years the exports of Norway to Germany have increased at an annualized rate of 1.22%, from $7.22B in 1995 to $9.77B in 2020.

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 2020, Germany exported $9.71B to Norway . The main products that Germany exported to Norway were Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars ($2.06B), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($299M), and Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods ($184M). During the last 25 years the exports of Germany to Norway have increased at an annualized rate of 3.26%, from $4.35B in 1995 to $9.71B in 2020.

In 2018, Germany exported services to Norway worth $1.43B, with Transportation ($422M), Other business services ($416M), and Travel ($281M) being the largest in terms of value.

Comparison In 2020,  Norway ranked 36 in the Economic Complexity Index (ECI 0.71), and 38 in total exports ($86.2B). That same year, Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Norway exported $9.77B to Germany. The main products exported from Norway to Germany were Petroleum gases and other gaseous hydrocarbons ($5.27B), Petroleum oils and oils obtained from bituminous minerals; crude ($985M), and Aluminium; unwrought ($457M). During the last 25 years the exports of Norway to Germany have increased at an annualized rate of 1.22%, from $7.22B in 1995 to $9.77B in 2020.

In 2020, Germany exported $9.71B to Norway. The main products exported from Germany to Norway were Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars ($2.06B), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($299M), and Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods ($184M). During the last 25 years the exports of Germany to Norway have increased at an annualized rate of 3.26%, from $4.35B in 1995 to $9.71B in 2020.

Market Competitiveness

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Measure

Norway
Top Destination
: United Kingdom, $14B

Germany
Top Destination
: United States, $116B

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 2019, countries that imported more from Norway than Germany were Gambia ($71M), Angola ($150M), and Bahrain ($8.65M).

In 2019, countries that imported more from Germany than Norway were United States ($116B), China ($106B), and France ($101B).

Comparative Advantage Norway - Germany

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Flow

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

During 2020, Norway had a large net trade with Germany in the exports of Mineral Products ($6.57B), Metals ($997M), and Chemical Products ($516M).

During 2020, Germany had a large net trade with Norway in the exports of Transportation ($3.17B), Machines ($2.29B), and Chemical Products ($941M).

Bilateral Service Trade

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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 2018, Germany exported services to Norway worth $1.43B, with Transportation ($422M), Other business services ($416M), and Travel ($281M) 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 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.