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2022
Flag → Flag
Exports $114MRnk 56 / 209
2022
Flag → Flag
Top Product $27.6MNon-fillet Fresh Fish
2022
Flag → Flag
Exports $292MRnk 51 / 214
2022
Flag → Flag
Top Product $121MManganese Ore
2022
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Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
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Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
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GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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 GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
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GDP PC$6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186

About

Norway-South Africa Trade: In 2022, Norway exported $114M to South Africa. The main products that Norway exported to South Africa were Non-fillet Fresh Fish ($27.6M), Newsprint ($7.35M), and Non-fillet Frozen Fish ($6.84M). Over the past 5 years the exports of Norway to South Africa have increased at an annualized rate of 5.34%, from $87.9M in 2017 to $114M in 2022.

In 2003, Norway exported services to South Africa worth $2.37M, with Other business services ($2.21M) and Insurance services ($158k) being the largest in terms of value.

South Africa-Norway Trade: In 2022, South Africa exported $292M to Norway. The main products that South Africa exported to Norway were Manganese Ore ($121M), Special Purpose Ships ($37.6M), and Raw Aluminium ($34.9M). Over the past 5 years the exports of South Africa to Norway have increased at an annualized rate of 2.68%,  from $255M in 2017 to $292M in 2022.

In 2022, South Africa did not export any services to Norway.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Latest Trends

September, 2024

About

Overview In September 2024, Norway exported NOK105M and imported NOK274M from South Africa, resulting in a negative trade balance of NOK169M. Between September 2023 and September 2024 the exports of Norway have increased by NOK2.58M (2.52%) from NOK102M to NOK105M, while imports decreased by NOK-413M (-60.1%) from NOK688M to NOK274M.

Trade In September 2024, the top exports of Norway to South Africa were Fish (not marine mammals), crustaceans, molluscs... (NOK43.3M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK18.3M), Iron and steel (NOK4.76M), Chemical materials and products, n.e.s. (NOK4.52M), and Office machines and automatic data-processing machines (NOK1.52M). In September 2024 the top imports of Norway from South Africa were Vegetables and fruit (NOK42.7M), Road vehicles (including air-cushion vehicles) (NOK30.9M), Beverages (NOK7.27M), General industrial machinery and equipment, n.e.s.,... (NOK4.21M), and Manufactures of metals, n.e.s. (NOK1.97M).

Growth In September 2024, the increase in Norway's year-by-year exports to South Africa was explained primarily by an increase in product exports in Fish (not marine mammals), crustaceans, molluscs... (NOK19.6M or 82.5%), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK16.2M or 766%), and Iron and steel (NOK3.71M or 352%). In September 2024, the decrease in Norway's year-by-year imports  from South Africa was explained primarily by an decrease in product imports  in Metalliferous ores and metal scrap (NOK-93.4M or -100%), Crude animal and vegetable materials, n.e.s. (NOK-34.3M or -95.1%), and Vegetables and fruit (NOK-7.81M or -15.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)NOK2.58M(2.52%)
IMPORT GROWTH (September 2023 - September 2024)NOK-413M(-60.1%)

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 South Africa and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore South Africa and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $114M to South Africa. The main products exported from Norway to South Africa were Non-fillet Fresh Fish ($27.6M), Newsprint ($7.35M), and Non-fillet Frozen Fish ($6.84M). During the last 5 years the exports of Norway to South Africa have increased at an annualized rate of 5.34%, from $87.9M in 2017 to $114M in 2022.

In 2017, South Africa exported $292M to Norway. The main products exported from South Africa to Norway were Manganese Ore ($121M), Special Purpose Ships ($37.6M), and Raw Aluminium ($34.9M). During the last 5 years the exports of South Africa to Norway have increased at an annualized rate of 2.68%, from $255M in 2022 to $292M in 2017.

Exports from Norway (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
South Africa
Top DestinationChina$23.4B

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

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

In 2022, countries that imported more from South Africa than Norway included China ($23.4B), India ($9.14B), and Japan ($8.85B).

Difference in imports from South Africa (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - South Africa

Flow
Scale

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

During 2022, Norway had a large net trade with South Africa in the exports of Animal Products ($40.3M), Chemical Products ($23.5M), and Machines ($16.8M).

During 2017, South Africa had a large net trade with Norway in the exports of Mineral Products ($130M), Transportation ($59.7M), and Metals ($39.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway South Africa+$3.91MPackaged Medicaments
Top Product Potential South Africa Norway+$14.4MCars

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

Product Space of Norway (Flag) and South Africa (Flag) (2022)

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