Norway (NOR) and Egypt (EGY) Trade | The Observatory of Economic Complexity

About

Norway-Egypt In 2022, Norway exported $404M to Egypt. The main products that Norway exported to Egypt are Non-fillet Frozen Fish ($111M), Insulated Wire ($94.8M), and Iron Ore ($34.6M). During the last 27 years the exports of Norway to Egypt have increased at an annualized rate of 11.1%, from $23.6M in 1995 to $404M in 2022.

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

Egypt-Norway In 2022, Egypt exported $30.2M to Norway. The main products that Egypt exported to Norway were Quartz ($5.57M), Cassava ($2.6M), and Grapes ($1.86M). During the last 27 years the exports of Egypt to Norway have increased at an annualized rate of 4.99%, from $8.11M in 1995 to $30.2M in 2022.

In 2022, Egypt 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, Egypt ranked 66 in the Economic Complexity Index (ECI -0.069), and 59 in total exports ($53.9B).

Latest Trends

February, 2024

About

Overview In February 2024, Norway exported NOK108M and imported NOK25.9M from Egypt, resulting in a positive trade balance of NOK81.9M. Between February 2023 and February 2024 the exports of Norway have decreased by NOK-139M (-56.3%) from NOK246M to NOK108M, while imports increased by NOK4.1M (18.8%) from NOK21.8M to NOK25.9M.

Trade In February 2024, the top exports of Norway to Egypt were Fish (not marine mammals), crustaceans, molluscs... (NOK99.3M), Chemical materials and products, n.e.s. (NOK25.6M), Paper, paperboard and articles of paper... (NOK14.6M), Organic chemicals (NOK8.05M), and Dyeing, tanning and colouring materials (NOK5.9M). In February 2024 the top imports of Norway from Egypt were Vegetables and fruit (NOK6.05M), Articles of apparel and clothing accessories (NOK3.9M), Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK2.05M), Prefabricated buildings; sanitary, plumbing, heating and... (NOK1.94M), and Telecommunications and sound-recording and reproducing apparatus... (NOK1.91M).

Growth In February 2024, the decrease in Norway's year-by-year exports to Egypt was explained primarily by an decrease in product exports in Chemical materials and products, n.e.s. (NOK-24.8M or -49.2%), Plastics in primary forms (NOK-23.7M or -100%), and Electrical machinery, apparatus and appliances, n.e.s.,... (NOK-14.3M or -95.4%). In February 2024, the increase in Norway's year-by-year imports from Egypt was explained primarily by an increase in product imports in Prefabricated buildings; sanitary, plumbing, heating and... (NOK1.46M or 306%), Articles of apparel and clothing accessories (NOK1.44M or 58.5%), and Telecommunications and sound-recording and reproducing apparatus... (NOK1.25M or 191%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)NOK-139M(-56.3%)

IMPORT GROWTH (February 2023 - February 2024)NOK4.1M(18.8%)

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 Egypt and Norway trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norway exported $404M to Egypt. The main products exported from Norway to Egypt were Non-fillet Frozen Fish ($111M), Insulated Wire ($94.8M), and Iron Ore ($34.6M). During the last 27 years the exports of Norway to Egypt have increased at an annualized rate of 11.1%, from $23.6M in 1995 to $404M in 2022.

In 2022, Egypt exported $30.2M to Norway. The main products exported from Egypt to Norway were Quartz ($5.57M), Cassava ($2.6M), and Grapes ($1.86M). During the last 27 years the exports of Egypt to Norway have increased at an annualized rate of 4.99%, from $8.11M in 1995 to $30.2M in 2022.

Exports from Norway () to Egypt () (2022)

Exports from Egypt () to Norway () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

Egypt
Top DestinationTurkey$4.23B

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

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

In 2021, countries that imported more from Egypt than Norway were Turkey ($4.23B), Saudi Arabia ($2.35B), and United Arab Emirates ($2.36B).

Difference in imports from Egypt () and Norway () (2022)

Comparative Advantage Norway - Egypt

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norway had a large net trade with Egypt in the exports of Machines ($128M), Animal Products ($115M), and Mineral Products ($53.7M).

During 2022, Egypt had a large net trade with Norway in the exports of Vegetable Products ($9.11M), Textiles ($6.34M), and Mineral Products ($5.76M).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Norway () to Egypt () (2022)

Exports from Egypt () to Norway () (2022)

Market Competitiveness

Difference in imports from Egypt () and Norway () (2022)

Comparative Advantage Norway - Egypt

Economic Complexity

Competitive Landscape

Product Space of Norway () and Egypt () (2022)

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