Flag Norway / Spain Flag

2020
FlagFlag
Exports
: $1.72B, Rnk 11 / 197

2020
FlagFlag
Top Product
: $449M, Non-fillet Fresh Fish

2020
FlagFlag
Exports
: $1.64B, Rnk 34 / 218

2020
FlagFlag
Top Product
: $196M, Cars

2020
Flag
Economic Complexity (ECI)
: ECI 0.71, Rnk 36 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 0.76, Rnk 34 / 127

2020
Flag  
GDP
: $362B, CURRENT US$
Rnk 32 / 204

2010-2020
Flag
GDP GROWTH
: -15.5%, CURRENT US$
Rnk 189 / 204

2020
Flag
 GDP
: $1.28T, CURRENT US$
Rnk 14 / 204

2010-2020
Flag
GDP GROWTH
: -9.89%, CURRENT US$
Rnk 182 / 204

2020
Flag
GDP PC 
: $67,330, CURRENT US$
Rnk 7 / 204

2010-2020
Flag
GDP PC GROWTH
: -23.2%, CURRENT US$
Rnk 183 / 204

2020
Flag
GDP PC
: $27,056, CURRENT US$
Rnk 42 / 204

2010-2020
Flag
GDP PC GROWTH
: -11.4%, CURRENT US$
Rnk 171 / 204

Norway-Spain In 2020, Norway exported $1.72B to Spain. The main products that Norway exported to Spain are Non-fillet Fresh Fish ($449M), Crude Petroleum ($270M), and Raw Aluminium ($264M). During the last 25 years the exports of Norway to Spain have increased at an annualized rate of 3.6%, from $711M in 1995 to $1.72B in 2020.

In 2009, Norway exported services to Spain worth $399M, with Transportation ($161M), Other business services ($83.9M), and Financial services ($75.6M) being the largest in terms of value.

Spain-Norway In 2020, Spain exported $1.64B to Norway. The main products that Spain exported to Norway were Cars ($196M), Delivery Trucks ($141M), and Aluminium Oxide ($134M). During the last 25 years the exports of Spain to Norway have increased at an annualized rate of 4.01%, from $615M in 1995 to $1.64B in 2020.

In 2009, Spain exported services to Norway worth $2.84B, with Services not allocated ($1.61B), Travel ($1.12B), and Transportation ($112M) being the largest in terms of value.

Comparison In 2020,  Norway ranked 36 in the Economic Complexity Index (ECI 0.71), and 38 in total exports ($86.2B). That same year, Spain ranked 34 in the Economic Complexity Index (ECI 0.76), and 17 in total exports ($298B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Norway exported $1.72B to Spain. The main products exported from Norway to Spain were Non-fillet Fresh Fish ($449M), Crude Petroleum ($270M), and Raw Aluminium ($264M). During the last 25 years the exports of Norway to Spain have increased at an annualized rate of 3.6%, from $711M in 1995 to $1.72B in 2020.

In 2020, Spain exported $1.64B to Norway. The main products exported from Spain to Norway were Cars ($196M), Delivery Trucks ($141M), and Aluminium Oxide ($134M). During the last 25 years the exports of Spain to Norway have increased at an annualized rate of 4.01%, from $615M in 1995 to $1.64B in 2020.

Market Competitiveness

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Measure

Norway
Top Destination
: United Kingdom, $14B

Spain
Top Destination
: France, $47.6B

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

In 2019, countries that imported more from Norway than Spain were Sweden ($9.1B), Denmark ($3.38B), and Iceland ($490M).

In 2019, countries that imported more from Spain than Norway were France ($47.6B), Germany ($34B), and Portugal ($23.8B).

Comparative Advantage Norway - Spain

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Flow
Scale

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

During 2020, Norway had a large net trade with Spain in the exports of Animal Products ($540M), Mineral Products ($520M), and Metals ($364M).

During 2020, Spain had a large net trade with Norway in the exports of Transportation ($455M), Machines ($220M), and Vegetable Products ($214M).

Bilateral Service Trade

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In 2009, Norway exported services to Spain worth $399M, with Transportation ($161M), Other business services ($83.9M), and Financial services ($75.6M) being the largest in terms of value.

In 2009, Spain exported services to Norway worth $2.84B, with Services not allocated ($1.61B), Travel ($1.12B), and Transportation ($112M) 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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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 Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Norway.