2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 95 / 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
$2,850CURRENT US$
Rnk 144 / 196
2013-2023
Flag
GDP PC GROWTH
15.7%CURRENT US$
Rnk 116 / 195

About

Norway-Uzbekistan Trade: In 2023, Norway exported $10.3M to Uzbekistan. The main products that Norway exported to Uzbekistan were Non-fillet Frozen Fish ($2.67M), Non-fillet Fresh Fish ($1.82M), and Aluminium Plating ($1.2M). Over the past 5 years the exports of Norway to Uzbekistan have increased at an annualized rate of 38.4%, from $2.03M in 2018 to $10.3M in 2023.

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

Uzbekistan-Norway Trade: In 2023, Uzbekistan exported $2.5M to Norway. The main products that Uzbekistan exported to Norway were Stranded Copper Wire ($2.28M), Melons ($45.2k), and Dried Vegetables ($31.7k). Over the past 5 years the exports of Uzbekistan to Norway have increased at an annualized rate of 114%,  from $26.4k in 2018 to $2.5M in 2023.

In 2023, Uzbekistan 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, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $10.3M to Uzbekistan. The main products exported from Norway to Uzbekistan were Non-fillet Frozen Fish ($2.67M), Non-fillet Fresh Fish ($1.82M), and Aluminium Plating ($1.2M). During the last 5 years the exports of Norway to Uzbekistan have increased at an annualized rate of 38.4%, from $2.03M in 2018 to $10.3M in 2023.

In 2018, Uzbekistan exported $2.5M to Norway. The main products exported from Uzbekistan to Norway were Stranded Copper Wire ($2.28M), Melons ($45.2k), and Dried Vegetables ($31.7k). During the last 5 years the exports of Uzbekistan to Norway have increased at an annualized rate of 114%, from $26.4k in 2023 to $2.5M in 2018.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Uzbekistan
Top Destination
Switzerland$8.18B

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

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

In 2023, countries that imported more from Uzbekistan than Norway included Switzerland ($8.18B), Russia ($3.02B), and Kazakhstan ($1.37B).

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

Comparative Advantage Norway - Uzbekistan

Flow
Scale

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

During 2023, Norway had a large net trade with Uzbekistan in the exports of Animal Products ($4.98M), Metals ($1.49M), and Chemical Products ($1.43M).

During 2018, Uzbekistan had a large net trade with Norway in the exports of Metals ($2.28M), Vegetable Products ($197k), and Textiles ($10.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Uzbekistan+$1.04MCars
Top Product Potential Uzbekistan Norway+$89.4kNon-Knit Men's Suits

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 Uzbekistan. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over Uzbekistan. Similarly, a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Norway.

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

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