Norway (NOR) and Estonia (EST) Trade | The Observatory of Economic Complexity

Norway-Estonia Trade: In 2023, Norway exported $364M to Estonia. The main products that Norway exported to Estonia were N/A. Over the past 5 years the exports of Norway to Estonia have increased at an annualized rate of 13.9%, from $190M in 2018 to $364M in 2023.

In 2023, Norway did not export any services to Estonia.

Estonia-Norway In N/A, Estonia did not export any products to Norway.

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 2023, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2025

About

Overview In January 2025, Norway exported NOK277M and imported NOK443M from Estonia, resulting in a negative trade balance of NOK166M. Between January 2024 and January 2025 the exports of Norway have increased by NOK112M (68.1%) from NOK165M to NOK277M, while imports decreased by NOK-120M (-21.3%) from NOK563M to NOK443M.

Growth In January 2025, the increase in Norway's year-by-year exports to Estonia was explained primarily by an increase in product exports in Non-ferrous metals (NOK7.89M or 119%), Iron and steel (NOK7.49M or 886%), and Fish (not marine mammals), crustaceans, molluscs... (NOK5.56M or 19.7%). In January 2025, the decrease in Norway's year-by-year imports from Estonia was explained primarily by an decrease in product imports in N/A.

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2024 - January 2025)NOK112M(68.1%)

IMPORT GROWTH (January 2024 - January 2025)NOK-120M(-21.3%)

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.

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Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$33.8B

Estonia
Top DestinationFinland$2.71B

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 2023, countries that imported more from Norway than Estonia included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Estonia than Norway included Latvia ($1.91B), Russia ($1.18B), and Uzbekistan ($123M).

Difference in imports from Estonia () and Norway () (2023)

Bilateral Service Trade

Est Year

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 Estonia () to Norway () (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.

About

Latest Trends

About

Latest Trade

Historical Data

Market Competitiveness

Difference in imports from Estonia () and Norway () (2023)

Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Norway () and Estonia () (NaN)

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