Norway (NOR) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

About

Norway-South Africa In 2022, Norway exported $114M to South Africa. The main products that Norway exported to South Africa are Non-fillet Fresh Fish ($27.6M), Newsprint ($7.35M), and Non-fillet Frozen Fish ($6.84M). During the last 27 years the exports of Norway to South Africa have increased at an annualized rate of 3.96%, from $40M in 1995 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 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). During the last 27 years the exports of South Africa to Norway have increased at an annualized rate of 2.14%, from $165M in 1995 to $292M in 2022.

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

Comparison In 2022, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, South Africa ranked 61 in the Economic Complexity Index (ECI 0.033), and 34 in total exports ($147B).

Latest Trends

February, 2024

About

Overview In February 2024, Norway exported NOK92.2M and imported NOK440M from South Africa, resulting in a negative trade balance of NOK347M. Between February 2023 and February 2024 the exports of Norway have increased by NOK8.74M (10.5%) from NOK83.4M to NOK92.2M, while imports increased by NOK76.8M (21.2%) from NOK363M to NOK440M.

Trade In February 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 February 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 February 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 February 2024, the increase in Norway's year-by-year imports from South Africa was explained primarily by an increase in product imports in Road vehicles (including air-cushion vehicles) (NOK6.61M or 27.2%), General industrial machinery and equipment, n.e.s.,... (NOK3.64M or 636%), and Non-ferrous metals (NOK1.47M or 48.8k%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)NOK8.74M(10.5%)

IMPORT GROWTH (February 2023 - February 2024)NOK76.8M(21.2%)

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.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 27 years the exports of Norway to South Africa have increased at an annualized rate of 3.96%, from $40M in 1995 to $114M in 2022.

In 2022, 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 27 years the exports of South Africa to Norway have increased at an annualized rate of 2.14%, from $165M in 1995 to $292M in 2022.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 2021, countries that imported more from Norway than South Africa were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from South Africa than Norway were China ($23.4B), India ($9.14B), and Japan ($8.85B).

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

Comparative Advantage Norway - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2022, South Africa had a large net trade with Norway in the exports of Mineral Products ($130M), Transportation ($59.7M), and Metals ($39.1M).

Service Trade

Bilateral Service Trade

Nor Year

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.

Service trade data is presented based on availability.

Services Exports from Norway () to South Africa () (2003)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Norway has comparative advantage over South Africa. Similarly, the more yellow a dot/product is, the more South Africa has comparative advantage over Norway.

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Latest Trends

About

Latest Trade

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Norway - South Africa

Service Trade

Bilateral Service Trade

Services Exports from Norway () to South Africa () (2003)

Economic Complexity

Competitive Landscape

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

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