2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Norway-Algeria Trade: In 2022, Norway exported $31.2M to Algeria. The main products that Norway exported to Algeria were Ferroalloys ($15.2M), Carboxyimide Compounds ($3.44M), and Plastic Pipes ($2.2M). Over the past 5 years the exports of Norway to Algeria have decreased at an annualized rate of 14.5%, from $68.4M in 2017 to $31.2M in 2022.

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

Algeria-Norway Trade: In 2022, Algeria exported $48.8M to Norway. The main products that Algeria exported to Norway were Ammonia ($47.7M), Hydrogen ($915k), and Tropical Fruits ($89.4k). Over the past 5 years the exports of Algeria to Norway have increased at an annualized rate of 1.6%,  from $35.5M in 2017 to $48.8M in 2022.

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

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $31.2M to Algeria. The main products exported from Norway to Algeria were Ferroalloys ($15.2M), Carboxyimide Compounds ($3.44M), and Plastic Pipes ($2.2M). During the last 5 years the exports of Norway to Algeria have decreased at an annualized rate of 14.5%, from $68.4M in 2017 to $31.2M in 2022.

In 2017, Algeria exported $48.8M to Norway. The main products exported from Algeria to Norway were Ammonia ($47.7M), Hydrogen ($915k), and Tropical Fruits ($89.4k). During the last 5 years the exports of Algeria to Norway have increased at an annualized rate of 1.6%, from $35.5M in 2022 to $48.8M in 2017.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Norway than Algeria included Germany ($78.1B), United Kingdom ($59.1B), and Belgium ($20.3B).

In 2022, countries that imported more from Algeria than Norway included Italy ($16.9B), Spain ($7.11B), and Tunisia ($1.54B).

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

Comparative Advantage Norway - Algeria

Flow
Scale

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

During 2022, Norway had a large net trade with Algeria in the exports of Metals ($16.2M), Machines ($5.45M), and Chemical Products ($3.92M).

During 2017, Algeria had a large net trade with Norway in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Algeria+$1.02MPackaged Medicaments
Top Product Potential Algeria Norway+$1.16MHydrogen

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Norway and Algeria. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Norway.

Product Space of Norway (Flag) and Algeria (Flag) (2022)

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