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Pricing

2022
Flag → Flag
Exports $20.4MRnk 91 / 209
2022
Flag → Flag
Top Product $11.7MMixed Mineral or Chemical Fertilizers
2022
Flag → Flag
Exports $22.5MRnk 69 / 170
2022
Flag → Flag
Top Product $18.3MBananas
2022
Flag
Economic Complexity (ECI) ECI 0.58Rnk 41 / 124
2022
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Economic Complexity (ECI) ECI -0.96Rnk 102 / 124

About

Norway-Ecuador In 2022, Norway exported $20.4M to Ecuador. The main products that Norway exported to Ecuador are Mixed Mineral or Chemical Fertilizers ($11.7M), Other Vegetable Oils ($748k), and Electrical Control Boards ($671k). During the last 27 years the exports of Norway to Ecuador have increased at an annualized rate of 9.52%, from $1.76M in 1995 to $20.4M in 2022.

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

Ecuador-Norway In 2022, Ecuador exported $22.5M to Norway. The main products that Ecuador exported to Norway were Bananas ($18.3M), Excavation Machinery ($785k), and Lifting Machinery ($589k). During the last 27 years the exports of Ecuador to Norway have increased at an annualized rate of 4.75%, from $6.42M in 1995 to $22.5M in 2022.

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

Comparison In 2022,  Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, Ecuador ranked 102 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Latest Trends

N/A

About

Overview In N/A, Norway exported NOKN/A and imported NOKN/A from Ecuador, resulting in a N/A trade balance of NOKN/A. Between N/A and N/A the exports of Norway have N/A by NOKN/A (N/A) from NOKN/A to NOKN/A, while imports N/A by NOKN/A (N/A) from NOKN/A to NOKN/A.

Latest Trade

Flow
Time Scale
Value

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 Ecuador and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $20.4M to Ecuador. The main products exported from Norway to Ecuador were Mixed Mineral or Chemical Fertilizers ($11.7M), Other Vegetable Oils ($748k), and Electrical Control Boards ($671k). During the last 27 years the exports of Norway to Ecuador have increased at an annualized rate of 9.52%, from $1.76M in 1995 to $20.4M in 2022.

In 2022, Ecuador exported $22.5M to Norway. The main products exported from Ecuador to Norway were Bananas ($18.3M), Excavation Machinery ($785k), and Lifting Machinery ($589k). During the last 27 years the exports of Ecuador to Norway have increased at an annualized rate of 4.75%, from $6.42M in 1995 to $22.5M in 2022.

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Ecuador
Top DestinationUnited States$9.86B

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

In 2021, countries that imported more from Norway than Ecuador were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Ecuador than Norway were Panama ($4.97B), United States ($9.86B), and Chile ($1.34B).

Comparative Advantage Norway - Ecuador

Flow
Scale

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

During 2022, Norway had a large net trade with Ecuador in the exports of Chemical Products ($12.9M), Machines ($3.49M), and Instruments ($1.1M).

During 2022, Ecuador had a large net trade with Norway in the exports of Vegetable Products ($19.4M), Machines ($1.61M), and Animal Products ($336k).

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

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

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