Flag Norway / Israel Flag

2021
FlagFlag
Exports
: $261M, Rnk 41 / 204

2021
FlagFlag
Top Product
: $168M, Fish Fillets

2021
FlagFlag
Exports
: $128M, Rnk 44 / 193

2021
FlagFlag
Top Product
: $18.8M, Buses

2021
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Economic Complexity (ECI)
: ECI 0.69, Rnk 38 / 131

2021
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Economic Complexity (ECI)
: ECI 1.21, Rnk 20 / 131

2021
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GDP
: $482B, CURRENT US$
Rnk 27 / 182

2011-2021
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GDP GROWTH
: -3.18%, CURRENT US$
Rnk 156 / 182

2021
Flag
 GDP
: $482B, CURRENT US$
Rnk 28 / 182

2011-2021
Flag
GDP GROWTH
: 83.6%, CURRENT US$
Rnk 21 / 182

2021
Flag
GDP PC 
: $89,203, CURRENT US$
Rnk 5 / 182

2011-2021
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GDP PC GROWTH
: -11.3%, CURRENT US$
Rnk 150 / 182

2021
Flag
GDP PC
: $51,430, CURRENT US$
Rnk 18 / 182

2011-2021
Flag
GDP PC GROWTH
: 52.3%, CURRENT US$
Rnk 27 / 182

Norway-Israel In 2021, Norway exported $261M to Israel. The main products that Norway exported to Israel are Fish Fillets ($168M), Non-fillet Fresh Fish ($31.1M), and Raw Aluminium ($16.3M). During the last 26 years the exports of Norway to Israel have increased at an annualized rate of 1.86%, from $162M in 1995 to $261M in 2021.

In 2021, Norway did not export any services to Israel.

Israel-Norway In 2021, Israel exported $128M to Norway. The main products that Israel exported to Norway were Buses ($18.8M), Chlorides ($9.49M), and Citrus ($8.87M). During the last 26 years the exports of Israel to Norway have increased at an annualized rate of 3.88%, from $47.8M in 1995 to $128M in 2021.

In 2012, Israel exported services to Norway worth $0, with being the largest in terms of value.

Comparison In 2021,  Norway ranked 38 in the Economic Complexity Index (ECI 0.69), and 33 in total exports ($164B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.21), and 50 in total exports ($64.1B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Norway exported $261M to Israel. The main products exported from Norway to Israel were Fish Fillets ($168M), Non-fillet Fresh Fish ($31.1M), and Raw Aluminium ($16.3M). During the last 26 years the exports of Norway to Israel have increased at an annualized rate of 1.86%, from $162M in 1995 to $261M in 2021.

In 2021, Israel exported $128M to Norway. The main products exported from Israel to Norway were Buses ($18.8M), Chlorides ($9.49M), and Citrus ($8.87M). During the last 26 years the exports of Israel to Norway have increased at an annualized rate of 3.88%, from $47.8M in 1995 to $128M in 2021.

Market Competitiveness

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Color

Norway
Top Destination
: United Kingdom, $33.5B

Israel
Top Destination
: United States, $17B

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

In 2021, countries that imported more from Norway than Israel were United Kingdom ($33.5B), Germany ($31.5B), and Sweden ($13.7B).

In 2021, countries that imported more from Israel than Norway were United States ($17B), Palestine ($4.16B), and Hong Kong ($1.56B).

Comparative Advantage Norway - Israel

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Flow
Scale

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

During 2021, Norway had a large net trade with Israel in the exports of Animal Products ($216M), Metals ($17.8M), and Machines ($7.46M).

During 2021, Israel had a large net trade with Norway in the exports of Machines ($26.3M), Vegetable Products ($23.5M), and Transportation ($20.1M).

Bilateral Service Trade

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In 2012, Israel exported services to Norway worth $0, with 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 Israel. Similarly, the more yellow a dot/product is, the more Israel has comparative advantage over Norway.