Norway (NOR) and Germany (DEU) Trade | OEC - The Observatory of Economic Complexity

About

Norway-Germany In 2019, Norway exported $15.5B to Germany. The main products that Norway exported to Germany are Petroleum Gas ($8.49B), Crude Petroleum ($2.9B), and Raw Aluminium ($601M). During the last 24 years the exports of Norway to Germany have increased at an annualized rate of 4.36%, from $5.56B in 1995 to $15.5B in 2019.

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 2019, Germany exported $10.3B to Norway . The main products that Germany exported to Norway were Cars ($1.97B), Packaged Medicaments ($253M), and Delivery Trucks ($178M). During the last 24 years the exports of Germany to Norway have increased at an annualized rate of 3.66%, from $4.36B in 1995 to $10.3B in 2019.

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 2019, Norway ranked 38 in the Economic Complexity Index (ECI 0.79), and 35 in total exports ($109B). That same year, Germany ranked 4 in the Economic Complexity Index (ECI 1.92), and 3 in total exports ($1.44T).

Latest Trends

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July, 2021

About

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Overview In July 2021 Norway exported NOK18.2M and imported NOK62.1M from Germany, resulting in a negative trade balance of NOK43.9M. Between July 2020 and July 2021 the exports of Norway have increased by NOK7.18M (65.2%) from NOK11M to NOK18.2M, while imports decreased by NOK-47.9M (-43.5%) from NOK110M to NOK62.1M.

Trade In July 2021, the top exports of Norway to Germany were Machinery for special industries (NOK9.94M), Vegetables and fruit (NOK3.86M), Road vehicles (NOK2.09M), Power generating machinery and equipment (NOK841k), and Organic chemicals (NOK565k). In July 2021 the top imports of Norway from Germany were Textile yarn, fabrics, made-up articles (NOK25.9M), Medicinal and pharmaceutical products (NOK24.7M), Vegetables and fruit (NOK4.51M), Organic chemicals (NOK3.87M), and Road vehicles (NOK703k).

Growth In July 2021, the increase in Norway's year-by-year exports to Germany was explained primarily by an increase in product exports in Machinery for special industries (NOK3.86M or 63.5%), Vegetables and fruit (NOK1.56M or 67.8%), and Road vehicles (NOK1.31M or 168%). In July 2021, the decrease in Norway's year-by-year imports from Germany was explained primarily by an decrease in product imports in Road vehicles (NOK-41.2M or -98.3%), Textile yarn, fabrics, made-up articles (NOK-9.76M or -27.4%), and Vegetables and fruit (NOK-2.97M or -39.6%).

Latest Trade

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Time Scale

Flow

Value

EXPORT GROWTH (July 2020 - July 2021): NOK7.18M, (65.2%)

IMPORT GROWTH (July 2020 - July 2021): NOK-47.9M, (-43.5%)

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 Germany and Norway trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Compare to

Year

In 2019, Norway exported $15.5B to Germany. The main products exported from Norway to Germany were Petroleum Gas ($8.49B), Crude Petroleum ($2.9B), and Raw Aluminium ($601M). During the last 24 years the exports of Norway to Germany have increased at an annualized rate of 4.36%, from $5.56B in 1995 to $15.5B in 2019.

In 2019, Germany exported $10.3B to Norway. The main products exported from Germany to Norway were Cars ($1.97B), Packaged Medicaments ($253M), and Delivery Trucks ($178M). During the last 24 years the exports of Germany to Norway have increased at an annualized rate of 3.66%, from $4.36B in 1995 to $10.3B in 2019.

Latest Data

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Norway Exports

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Date

Germany Exports

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Date

Market Competitiveness

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Measure

SectionYear

Norway
Top Destination: United Kingdom, $20B

Germany
Top Destination: United States, $131B

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 Guyana ($241M), Iceland ($713M), and Malawi ($83.4M).

In 2019, countries that imported more from Germany than Norway were United States ($131B), France ($115B), and China ($107B).

Comparative Advantage Norway - Germany

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Depth

Year

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

During 2019, Norway had a large net trade with Germany in the exports of Mineral Products ($11.8B), Metals ($1.2B), and Transportation ($577M).

During 2019, Germany had a large net trade with Norway in the exports of Transportation ($3.07B), Machines ($2.54B), and Chemical Products ($959M).

Tariff Section

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Tariffs

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This section shows import tariffs for products traded between Norway and Germany (using the HS6 product classification and the last year reported).

In 2018, the products from Norway that paid the highest import tariffs to enter Germany were Poultry: live, turkeys, weighing not more than 185g (555%) and Poultry: live, ducks, weighing not more than 185g (555%).

In 2017, the products from Germany that paid the highest import tariffs to enter Norway were Sugar beet (178%) and Whey (173%).

*The tariffs present between Norway and Germany are:
136: Most Favoured Nation duty rate treatement
216: Preferential tariff for European Economic Area
218: Preferential tariff for European Union countries

Service Trade

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Bilateral Service Trade

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Deu YearNor Year

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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Year

This visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more Norway has comparative advantage over Germany. Similarly, the more red a dot/product is, the more Germany has comparative advantage over Norway.

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Latest Data

Norway Exports

Germany Exports

Market Competitiveness

Comparative Advantage Norway - Germany

Tariff Section

Tariffs

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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