Norway-India Trade: In 2022, Norway exported $1.03B to India. The main products that Norway exported to India were Petroleum Gas ($388M), Raw Nickel ($117M), and Crude Petroleum ($99.4M). Over the past 5 years the exports of Norway to India have increased at an annualized rate of 8.19%, from $694M in 2017 to $1.03B in 2022.
In 2010, Norway exported services to India worth $1.07B, with Services not allocated ($538M), Other business services ($330M), and Transportation ($93.5M) being the largest in terms of value.
India-Norway Trade: In 2022, India exported $736M to Norway. The main products that India exported to Norway were Carboxyamide Compounds ($67.4M), Refined Petroleum ($59M), and Raw Aluminium ($33.1M). Over the past 5 years the exports of India to Norway have increased at an annualized rate of 6.86%, from $528M in 2017 to $736M in 2022.
In 2022, India did not export any services to Norway.
Comparison: In 2022, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).