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

About

Norway-Japan In 2022, Norway exported $1.23B to Japan. The main products that Norway exported to Japan are Fish Fillets ($319M), Non-fillet Frozen Fish ($144M), and Raw Nickel ($99.6M). During the last 27 years the exports of Norway to Japan have increased at an annualized rate of 1.44%, from $839M in 1995 to $1.23B in 2022.

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 In 2022, Japan exported $1.36B to Norway. The main products that Japan exported to Norway were Cars ($510M), Iron Pipes ($154M), and Delivery Trucks ($57.3M). During the last 27 years the exports of Japan to Norway have increased at an annualized rate of 0.66%, from $1.14B in 1995 to $1.36B in 2022.

In 2022, Japan did not export any services to Norway.

Comparison In 2022, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B).

Latest Trends

February, 2024

About

Overview In February 2024, Norway exported NOK670M and imported NOK1.49B from Japan, resulting in a negative trade balance of NOK821M. Between February 2023 and February 2024 the exports of Norway have decreased by NOK-131M (-16.3%) from NOK801M to NOK670M, while imports decreased by NOK-189M (-11.2%) from NOK1.68B to NOK1.49B.

Trade In February 2024, the top exports of Norway to Japan were Fish (not marine mammals), crustaceans, molluscs... (NOK365M), Machinery specialized for particular industries (NOK217M), Non-ferrous metals (NOK93.5M), Miscellaneous edible products and preparations (NOK66.4M), and Pulp and waste paper (NOK49.1M). In February 2024 the top imports of Norway from Japan were Road vehicles (including air-cushion vehicles) (NOK568M), Iron and steel (NOK199M), Machinery specialized for particular industries (NOK114M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK63.1M), and Professional, scientific and controlling instruments and... (NOK53M).

Growth In February 2024, the decrease in Norway's year-by-year exports to Japan was explained primarily by an decrease in product exports in Inorganic chemicals (NOK-56.8M or -70.3%), Non-ferrous metals (NOK-11.8M or -11.2%), and Medicinal and pharmaceutical products (NOK-10.5M or -43.8%). In February 2024, the decrease in Norway's year-by-year imports from Japan was explained primarily by an decrease in product imports in Iron and steel (NOK-165M or -45.4%), Manufactures of metals, n.e.s. (NOK-16M or -50%), and Telecommunications and sound-recording and reproducing apparatus... (NOK-8.62M or -33.9%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)NOK-131M(-16.3%)

IMPORT GROWTH (February 2023 - February 2024)NOK-189M(-11.2%)

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.

For full datasets download visit Bulk Download page.

Explore Japan and Norway Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norway exported $1.23B to Japan. The main products exported from Norway to Japan were Fish Fillets ($319M), Non-fillet Frozen Fish ($144M), and Raw Nickel ($99.6M). During the last 27 years the exports of Norway to Japan have increased at an annualized rate of 1.44%, from $839M in 1995 to $1.23B in 2022.

In 2022, Japan exported $1.36B to Norway. The main products exported from Japan to Norway were Cars ($510M), Iron Pipes ($154M), and Delivery Trucks ($57.3M). During the last 27 years the exports of Japan to Norway have increased at an annualized rate of 0.66%, from $1.14B in 1995 to $1.36B in 2022.

Exports from Norway () to Japan () (2022)

Exports from Japan () to Norway () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

Japan
Top DestinationUnited States$137B

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 2021, countries that imported more from Norway than Japan were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Japan than Norway were United States ($137B), China ($135B), and Chinese Taipei ($50.1B).

Difference in imports from Japan () and Norway () (2022)

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 2022, Norway had a large net trade with Japan in the exports of Animal Products ($555M), Chemical Products ($226M), and Metals ($182M).

During 2022, Japan had a large net trade with Norway in the exports of Transportation ($645M), Metals ($244M), and Machines ($238M).

Service Trade

Bilateral Service Trade

Nor Year

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.

Service trade data is presented based on availability.

Services Exports from Norway () to Japan () (2010)

Economic Complexity

Competitive Landscape

Year

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 Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over Norway.

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from Norway () to Japan () (2022)

Exports from Japan () to Norway () (2022)

Market Competitiveness

Difference in imports from Japan () and Norway () (2022)

Comparative Advantage Norway - Japan

Service Trade

Bilateral Service Trade

Services Exports from Norway () to Japan () (2010)

Economic Complexity

Competitive Landscape

Product Space of Norway () and Japan () (2022)

Keep Exploring