Norway (NOR) and Macau (MAC) Trade | The Observatory of Economic Complexity

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Norway-Macau Trade: In 2023, Norway exported $9.63M to Macau. The main products that Norway exported to Macau were Non-fillet Fresh Fish ($3.34M), Trunks and Cases ($742k), and Packaged Medicaments ($715k). Over the past 5 years the exports of Norway to Macau have increased at an annualized rate of 17.2%, from $4.35M in 2018 to $9.63M in 2023.

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

Macau-Norway Trade: In 2023, Macau exported $830k to Norway. The main products that Macau exported to Norway were Leather Footwear ($253k), Knit Sweaters ($195k), and Knit Men's Undergarments ($111k). Over the past 5 years the exports of Macau to Norway have decreased at an annualized rate of 1.72%, from $905k in 2018 to $830k in 2023.

In 2023, Macau 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, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2025

About

Overview In January 2025, Norway exported NOK1.05M and imported NOK507k from Macau, resulting in a positive trade balance of NOK542k. Between January 2024 and January 2025 the exports of Norway have decreased by NOK-804k (-43.4%) from NOK1.85M to NOK1.05M, while imports increased by NOK116k (29.7%) from NOK391k to NOK507k.

Trade In January 2025, the top exports of Norway to Macau were Fish (not marine mammals), crustaceans, molluscs... (NOK585k), Hides, skins and furskins, raw (NOK417k), Articles of apparel and clothing accessories (NOK397k), Travel goods, handbags and similar containers (NOK237k), and Coffee, tea, cocoa, spices, and manufactures... (NOK69k). In January 2025 the top imports of Norway from Macau were Articles of apparel and clothing accessories (NOK389k), Professional, scientific and controlling instruments and... (NOK2k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0).

Growth In January 2025, the decrease in Norway's year-by-year exports to Macau was explained primarily by an decrease in product exports in Articles of apparel and clothing accessories (NOK-865k or -68.5%), Fish (not marine mammals), crustaceans, molluscs... (NOK-316k or -35.1%), and General industrial machinery and equipment, n.e.s.,... (NOK-74k or -100%). In January 2025, the increase in Norway's year-by-year imports from Macau was explained primarily by an increase in product imports in Articles of apparel and clothing accessories (NOK218k or 127%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2024 - January 2025)NOK-804k(-43.4%)

IMPORT GROWTH (January 2024 - January 2025)NOK116k(29.7%)

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 Macau 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 $9.63M to Macau. The main products exported from Norway to Macau were Non-fillet Fresh Fish ($3.34M), Trunks and Cases ($742k), and Packaged Medicaments ($715k). During the last 5 years the exports of Norway to Macau have increased at an annualized rate of 17.2%, from $4.35M in 2018 to $9.63M in 2023.

In 2018, Macau exported $830k to Norway. The main products exported from Macau to Norway were Leather Footwear ($253k), Knit Sweaters ($195k), and Knit Men's Undergarments ($111k). During the last 5 years the exports of Macau to Norway have decreased at an annualized rate of 1.72%, from $905k in 2023 to $830k in 2018.

Exports from Norway () to Macau () (2023)

Exports from Macau () to Norway () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$33.8B

Macau
Top DestinationHong Kong$1.4B

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

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

In 2023, countries that imported more from Macau than Norway included Hong Kong ($1.4B), Madagascar ($225k), and Lesotho ($5.18k).

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

Comparative Advantage Norway - Macau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Norway had a large net trade with Macau in the exports of Animal Products ($4.24M), Textiles ($1.35M), and Animal Hides ($1.21M).

During 2018, Macau had a large net trade with Norway in the exports of Textiles ($410k), Footwear and Headwear ($266k), and Machines ($66.1k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Norway and Macau. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over Macau. Similarly, a dot/product with the flag of Macau 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 Macau () (2023)

Exports from Macau () to Norway () (2023)

Market Competitiveness

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

Comparative Advantage Norway - Macau

Economic Complexity

Competitive Landscape

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

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