Norway (NOR) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Norway-Japan Trade: In 2023, Norway exported $1.42B to Japan. The main products that Norway exported to Japan were Fish Fillets ($564M), Non-fillet Frozen Fish ($199M), and Non-fillet Fresh Fish ($92.9M). Over the past 5 years the exports of Norway to Japan have decreased at an annualized rate of 5.85%, from $1.93B in 2018 to $1.42B in 2023.

In 2010, Norway exported services to Japan worth $999M, with Services not allocated ($498M), Transportation ($192M), and Other business services ($186M) being the largest in terms of value.

Japan-Norway Trade: In 2023, Japan exported $1.65B to Norway. The main products that Japan exported to Norway were Cars ($656M), Iron Pipes ($196M), and Large Construction Vehicles ($82M). Over the past 5 years the exports of Japan to Norway have increased at an annualized rate of 0.6%, from $1.6B in 2018 to $1.65B in 2023.

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

Comparison: In 2023, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Latest Trends

N/A

About

Overview In N/A, Norway exported NOKN/A and imported NOKN/A from Japan, resulting in a N/A trade balance of NOKN/A. Between N/A and N/A the exports of Norway have N/A by NOKN/A (N/A) from NOKN/A to NOKN/A, while imports N/A by NOKN/A (N/A) from NOKN/A to NOKN/A.

Growth In N/A, the N/A in Norway's year-by-year exports to Japan was explained primarily by an decrease in product exports in Machinery specialized for particular industries (NOK-195M or -89.8%), Non-ferrous metals (NOK-77.1M or -82.5%), and Pulp and waste paper (NOK-43.2M or -88%). In N/A, the N/A in Norway's year-by-year imports from Japan was explained primarily by an decrease in product imports in Machinery specialized for particular industries (NOK-82.4M or -72.6%), Road vehicles (including air-cushion vehicles) (NOK-80.6M or -14.2%), and Power-generating machinery and equipment (NOK-25.6M or -49.2%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

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 Japan and Norway trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Norway exported $1.42B to Japan. The main products exported from Norway to Japan were Fish Fillets ($564M), Non-fillet Frozen Fish ($199M), and Non-fillet Fresh Fish ($92.9M). During the last 5 years the exports of Norway to Japan have decreased at an annualized rate of 5.85%, from $1.93B in 2018 to $1.42B in 2023.

In 2018, Japan exported $1.65B to Norway. The main products exported from Japan to Norway were Cars ($656M), Iron Pipes ($196M), and Large Construction Vehicles ($82M). During the last 5 years the exports of Japan to Norway have increased at an annualized rate of 0.6%, from $1.6B in 2023 to $1.65B in 2018.

Exports from Norway () to Japan () (2023)

Exports from Japan () to Norway () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$33.8B

Japan
Top DestinationUnited States$143B

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

In 2023, countries that imported more from Norway than Japan included United Kingdom ($32.6B), Sweden ($15.9B), and Denmark ($12.7B).

In 2023, countries that imported more from Japan than Norway included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Norway - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Norway had a large net trade with Japan in the exports of Animal Products ($870M), Chemical Products ($178M), and Metals ($128M).

During 2018, Japan had a large net trade with Norway in the exports of Transportation ($789M), Machines ($334M), and Metals ($255M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Norway Japan+$38.4MRefined Petroleum

Top Product Potential Japan Norway+$166MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Norway () to Japan () (2023)

Exports from Japan () to Norway () (2023)

Market Competitiveness

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

Comparative Advantage Norway - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Norway () and Japan () (2023)

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