2022
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GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
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 GDP
$4.07TCURRENT US$
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2012-2022
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GDP GROWTH
15.5%CURRENT US$
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2022
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GDP PC 
$106,149CURRENT US$
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2012-2022
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GDP PC GROWTH
3.89%CURRENT US$
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2022
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GDP PC
$48,432CURRENT US$
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2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Norway-Germany In 2022, Norway exported $78.1B to Germany. The main products that Norway exported to Germany are Petroleum Gas ($65.7B), Crude Petroleum ($5.7B), and Electricity ($1.32B). During the last 27 years the exports of Norway to Germany have increased at an annualized rate of 9.18%, from $7.28B in 1995 to $78.1B in 2022.

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 2022, Germany exported $12B to Norway. The main products that Germany exported to Norway were Cars ($3.13B), Electricity ($365M), and Packaged Medicaments ($233M). During the last 27 years the exports of Germany to Norway have increased at an annualized rate of 3.8%, from $4.37B in 1995 to $12B in 2022.

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 2022,  Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $78.1B to Germany. The main products exported from Norway to Germany were Petroleum Gas ($65.7B), Crude Petroleum ($5.7B), and Electricity ($1.32B). During the last 27 years the exports of Norway to Germany have increased at an annualized rate of 9.18%, from $7.28B in 1995 to $78.1B in 2022.

In 2022, Germany exported $12B to Norway. The main products exported from Germany to Norway were Cars ($3.13B), Electricity ($365M), and Packaged Medicaments ($233M). During the last 27 years the exports of Germany to Norway have increased at an annualized rate of 3.8%, from $4.37B in 1995 to $12B in 2022.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Germany
Top Destination
United States$153B

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 Nigeria ($1.75B), Iceland ($1.17B), and Bermuda ($310M).

In 2021, countries that imported more from Germany than Norway were United States ($153B), China ($109B), and France ($120B).

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

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 2022, Norway had a large net trade with Germany in the exports of Mineral Products ($73.4B), Metals ($1.91B), and Chemical Products ($861M).

During 2022, Germany had a large net trade with Norway in the exports of Transportation ($4.11B), Machines ($2.4B), and Chemical Products ($1.12B).

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) (2022)

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