2022
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GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
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GDP PC
$15,892CURRENT US$
Rnk 60 / 186
2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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About

Norway-Romania Trade: In 2022, Norway exported $105M to Romania. The main products that Norway exported to Romania were Crude Petroleum ($61.4M), Non-fillet Fresh Fish ($16.6M), and Mixed Mineral or Chemical Fertilizers ($13M). Over the past 5 years the exports of Norway to Romania have increased at an annualized rate of 29.9%, from $28.3M in 2017 to $105M in 2022.

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

Romania-Norway Trade: In 2022, Romania exported $374M to Norway. The main products that Romania exported to Norway were Other Sea Vessels ($173M), Passenger and Cargo Ships ($91.7M), and Medical Instruments ($30.6M). Over the past 5 years the exports of Romania to Norway have increased at an annualized rate of 71%,  from $25.6M in 2017 to $374M in 2022.

In 2020, Romania exported services to Norway worth $126M, with Computer and information services ($52.7M), Other business services ($34.7M), and Travel ($21.9M) being the largest in terms of value.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $105M to Romania. The main products exported from Norway to Romania were Crude Petroleum ($61.4M), Non-fillet Fresh Fish ($16.6M), and Mixed Mineral or Chemical Fertilizers ($13M). During the last 5 years the exports of Norway to Romania have increased at an annualized rate of 29.9%, from $28.3M in 2017 to $105M in 2022.

In 2017, Romania exported $374M to Norway. The main products exported from Romania to Norway were Other Sea Vessels ($173M), Passenger and Cargo Ships ($91.7M), and Medical Instruments ($30.6M). During the last 22 years the exports of Romania to Norway have increased at an annualized rate of 71%, from $25.6M in 1995 to $374M in 2017.

Exports from Norway (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Romania
Top Destination
Germany$18.8B

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

In 2022, countries that imported more from Norway than Romania included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Romania than Norway included Hungary ($6.75B), Bulgaria ($3.9B), and Italy ($9.55B).

Difference in imports from Romania (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Romania

Flow
Scale

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

During 2022, Norway had a large net trade with Romania in the exports of Mineral Products ($61.6M), Machines ($56.3M), and Animal Products ($25.5M).

During 2017, Romania had a large net trade with Norway in the exports of Transportation ($277M), Machines ($107M), and Instruments ($40.1M).

Service Trade

Bilateral Service Trade

In 2020, Romania exported services to Norway worth $126M, with Computer and information services ($52.7M), Other business services ($34.7M), and Travel ($21.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Norway (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of Norway (Flag) and Romania (Flag) (2022)

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