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2023
Flag → Flag
Exports $88.8MRnk 59 / 205
2023
Flag → Flag
Top Product $23.8MPetroleum Gas
2023
Flag → Flag
Exports $196MRnk 38 / 187
2023
Flag → Flag
Top Product $72.8MFish Oil
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195

About

Norway-Morocco Trade: In 2023, Norway exported $88.8M to Morocco. The main products that Norway exported to Morocco were Petroleum Gas ($23.8M), Non-fillet Fresh Fish ($17.3M), and Vinyl Chloride Polymers ($7.69M). Over the past 5 years the exports of Norway to Morocco have decreased at an annualized rate of 13.2%, from $180M in 2018 to $88.8M in 2023.

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

Morocco-Norway Trade: In 2023, Morocco exported $196M to Norway. The main products that Morocco exported to Norway were Fish Oil ($72.8M), Calcium Phosphates ($31.5M), and Other Fruits ($21.1M). Over the past 5 years the exports of Morocco to Norway have increased at an annualized rate of 13.8%,  from $103M in 2018 to $196M in 2023.

In 2023, Morocco 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, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK48.2M and imported NOK247M from Morocco, resulting in a negative trade balance of NOK199M. Between December 2023 and December 2024 the exports of Norway have increased by NOK4.4M (10.1%) from NOK43.8M to NOK48.2M, while imports increased by NOK126M (104%) from NOK121M to NOK247M.

Trade In December 2024, the top exports of Norway to Morocco were Gas, natural and manufactured (NOK132M), Fish (not marine mammals), crustaceans, molluscs... (NOK10.2M), Plastics in primary forms (NOK9.32M), Chemical materials and products, n.e.s. (NOK5.25M), and Professional, scientific and controlling instruments and... (NOK5.03M). In December 2024 the top imports of Norway from Morocco were Vegetables and fruit (NOK89.9M), Crude animal and vegetable materials, n.e.s. (NOK78.1M), Articles of apparel and clothing accessories (NOK17.9M), Road vehicles (including air-cushion vehicles) (NOK4.38M), and Footwear (NOK2.64M).

Growth In December 2024, the increase in Norway's year-by-year exports to Morocco was explained primarily by an increase in product exports in Plastics in primary forms (NOK5M or 115%), Professional, scientific and controlling instruments and... (NOK4.95M or 5.56k%), and Fish (not marine mammals), crustaceans, molluscs... (NOK4.61M or 82.5%). In December 2024, the increase in Norway's year-by-year imports  from Morocco was explained primarily by an increase in product imports  in Crude animal and vegetable materials, n.e.s. (NOK53.1M or 212%), Vegetables and fruit (NOK28.8M or 47.1%), and Articles of apparel and clothing accessories (NOK3.84M or 27.3%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK4.4M(10.1%)
IMPORT GROWTH (December 2023 - December 2024)NOK126M(104%)

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 Morocco and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Morocco and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $88.8M to Morocco. The main products exported from Norway to Morocco were Petroleum Gas ($23.8M), Non-fillet Fresh Fish ($17.3M), and Vinyl Chloride Polymers ($7.69M). During the last 5 years the exports of Norway to Morocco have decreased at an annualized rate of 13.2%, from $180M in 2018 to $88.8M in 2023.

In 2018, Morocco exported $196M to Norway. The main products exported from Morocco to Norway were Fish Oil ($72.8M), Calcium Phosphates ($31.5M), and Other Fruits ($21.1M). During the last 5 years the exports of Morocco to Norway have increased at an annualized rate of 13.8%, from $103M in 2023 to $196M in 2018.

Exports from Norway (Flag) to Morocco (Flag) (2023)

Exports from Morocco (Flag) to Norway (Flag) (2023)

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Morocco
Top DestinationSpain$9.8B

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

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

In 2023, countries that imported more from Morocco than Norway included Spain ($9.8B), Brazil ($1.47B), and Ethiopia ($677M).

Difference in imports from Morocco (Flag) and Norway (Flag) (2023)

Comparative Advantage Norway - Morocco

Flow
Scale

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

During 2023, Norway had a large net trade with Morocco in the exports of Mineral Products ($23.8M), Animal Products ($21.2M), and Metals ($13.5M).

During 2018, Morocco had a large net trade with Norway in the exports of Animal and Vegetable Bi-Products ($72.9M), Vegetable Products ($44.6M), and Mineral Products ($42.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Morocco+$23.8MPetroleum Gas
Top Product Potential Morocco Norway+$8.72MCars

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

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

Product Space of Norway (Flag) and Morocco (Flag) (2023)

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