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2022
Flag → Flag
Exports $234MRnk 44 / 209
2022
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Top Product $44.3MNon-fillet Fresh Fish
2022
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Exports $792MRnk 9 / 188
2022
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Top Product $106MPrefabricated Buildings
2022
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Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
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GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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 GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
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GDP PC$28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Norway-Estonia Trade: In 2022, Norway exported $234M to Estonia. The main products that Norway exported to Estonia were Non-fillet Fresh Fish ($44.3M), Delivery Trucks ($33.2M), and Broadcasting Equipment ($23.5M). Over the past 5 years the exports of Norway to Estonia have increased at an annualized rate of 4.51%, from $187M in 2017 to $234M in 2022.

In 2009, Norway exported services to Estonia worth $20.1M, with Travel ($8.15M), Financial services ($5.75M), and Other business services ($3.68M) being the largest in terms of value.

Estonia-Norway Trade: In 2022, Estonia exported $792M to Norway. The main products that Estonia exported to Norway were Prefabricated Buildings ($106M), Refined Petroleum ($88.5M), and Wood Carpentry ($69.6M). Over the past 5 years the exports of Estonia to Norway have increased at an annualized rate of 2.79%,  from $690M in 2017 to $792M in 2022.

In 2020, Estonia exported services to Norway worth $169M, with Transportation ($69.2M), Construction services ($45.1M), and Other business services ($31.9M) being the largest in terms of value.

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  and 28 in total exports ($285B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Norway exported NOK295M and imported NOK666M from Estonia, resulting in a negative trade balance of NOK372M. Between September 2023 and September 2024 the exports of Norway have increased by NOK76.9M (35.3%) from NOK218M to NOK295M, while imports increased by NOK41M (6.56%) from NOK625M to NOK666M.

Trade In September 2024, the top exports of Norway to Estonia were N/A. In September 2024 the top imports of Norway from Estonia were Prefabricated buildings; sanitary, plumbing, heating and... (NOK67.8M), Cork and wood manufactures (excluding furniture) (NOK54.8M), Cork and wood (NOK47.3M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK42.2M), and Manufactures of metals, n.e.s. (NOK37.8M).

Growth In September 2024, the increase in Norway's year-by-year exports to Estonia was explained primarily by an increase in product exports in Fish (not marine mammals), crustaceans, molluscs... (NOK12.4M or 78.5%), Office machines and automatic data-processing machines (NOK5.35M or 2.83k%), and Electrical machinery, apparatus and appliances, n.e.s.,... (NOK5.03M or 88.4%). In September 2024, the increase in Norway's year-by-year imports  from Estonia was explained primarily by an increase in product imports  in Telecommunications and sound-recording and reproducing apparatus... (NOK23M or 965%), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK20.1M or 91.4%), and Manufactures of metals, n.e.s. (NOK15.7M or 71.2%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)NOK76.9M(35.3%)
IMPORT GROWTH (September 2023 - September 2024)NOK41M(6.56%)

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 Estonia and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Estonia and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $234M to Estonia. The main products exported from Norway to Estonia were Non-fillet Fresh Fish ($44.3M), Delivery Trucks ($33.2M), and Broadcasting Equipment ($23.5M). During the last 5 years the exports of Norway to Estonia have increased at an annualized rate of 4.51%, from $187M in 2017 to $234M in 2022.

In 2017, Estonia exported $792M to Norway. The main products exported from Estonia to Norway were Prefabricated Buildings ($106M), Refined Petroleum ($88.5M), and Wood Carpentry ($69.6M). During the last 5 years the exports of Estonia to Norway have increased at an annualized rate of 2.79%, from $690M in 2022 to $792M in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Estonia
Top DestinationFinland$3B

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

In 2022, countries that imported more from Norway than Estonia included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Estonia than Norway included Latvia ($2.77B), Russia ($1.38B), and Uzbekistan ($94.3M).

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

Comparative Advantage Norway - Estonia

Flow
Scale

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

During 2022, Norway had a large net trade with Estonia in the exports of Machines ($51.5M), Animal Products ($51M), and Transportation ($39.2M).

During 2017, Estonia had a large net trade with Norway in the exports of Miscellaneous ($181M), Wood Products ($149M), and Machines ($102M).

Bilateral Service Trade

In 2009, Norway exported services to Estonia worth $20.1M, with Travel ($8.15M), Financial services ($5.75M), and Other business services ($3.68M) being the largest in terms of value.

In 2020, Estonia exported services to Norway worth $169M, with Transportation ($69.2M), Construction services ($45.1M), and Other business services ($31.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Norway (Flag) to Estonia (Flag) (N/A)

Services Exports from Estonia (Flag) to Norway (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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