Flag Portugal / Norway Flag

2020
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Exports
: $243M, Rnk 33 / 210

2020
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Top Product
: $50.1M, Zinc Ore

2020
FlagFlag
Exports
: $524M, Rnk 23 / 197

2020
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Top Product
: $251M, Fish: dried, salted, smoked or in brine

2020
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Economic Complexity (ECI)
: ECI 0.47, Rnk 45 / 127

2020
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Economic Complexity (ECI)
: ECI 0.71, Rnk 36 / 127

2020
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GDP
: $229B, CURRENT US$
Rnk 48 / 204

2010-2020
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GDP GROWTH
: -4.02%, CURRENT US$
Rnk 172 / 204

2020
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 GDP
: $362B, CURRENT US$
Rnk 32 / 204

2010-2020
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GDP GROWTH
: -15.5%, CURRENT US$
Rnk 189 / 204

2020
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GDP PC 
: $22,195, CURRENT US$
Rnk 50 / 204

2010-2020
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GDP PC GROWTH
: -1.45%, CURRENT US$
Rnk 150 / 204

2020
Flag
GDP PC
: $67,330, CURRENT US$
Rnk 7 / 204

2010-2020
Flag
GDP PC GROWTH
: -23.2%, CURRENT US$
Rnk 183 / 204

Portugal-Norway In 2020, Portugal exported $243M to Norway. The main products that Portugal exported to Norway are Zinc Ore ($50.1M), Wine ($17.4M), and Leather Footwear ($13.8M). During the last 25 years the exports of Portugal to Norway have decreased at an annualized rate of 0.42%, from $270M in 1995 to $243M in 2020.

In 2020, Portugal exported services to Norway worth $35.4M, with Travel ($35.4M) being the largest in terms of value.

Norway-Portugal In 2020, Norway exported $524M to Portugal. The main products that Norway exported to Portugal were Fish: dried, salted, smoked or in brine ($251M), Non-fillet Fresh Fish ($70.2M), and Raw Aluminium ($65.1M). During the last 25 years the exports of Norway to Portugal have increased at an annualized rate of 1.08%, from $401M in 1995 to $524M in 2020.

In 2009, Norway exported services to Portugal worth $108M, with Financial services ($41.6M), Travel ($24.3M), and Transportation ($18.1M) being the largest in terms of value.

Comparison In 2020,  Portugal ranked 45 in the Economic Complexity Index (ECI 0.47), and 43 in total exports ($62.2B). That same year, Norway ranked 36 in the Economic Complexity Index (ECI 0.71), and 38 in total exports ($86.2B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Portugal exported $243M to Norway. The main products exported from Portugal to Norway were Zinc Ore ($50.1M), Wine ($17.4M), and Leather Footwear ($13.8M). During the last 25 years the exports of Portugal to Norway have decreased at an annualized rate of 0.42%, from $270M in 1995 to $243M in 2020.

In 2020, Norway exported $524M to Portugal. The main products exported from Norway to Portugal were Fish: dried, salted, smoked or in brine ($251M), Non-fillet Fresh Fish ($70.2M), and Raw Aluminium ($65.1M). During the last 25 years the exports of Norway to Portugal have increased at an annualized rate of 1.08%, from $401M in 1995 to $524M in 2020.

Market Competitiveness

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Measure

Portugal
Top Destination
: Spain, $14.7B

Norway
Top Destination
: United Kingdom, $14B

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

In 2019, countries that imported more from Portugal than Norway were Spain ($14.7B), France ($8.01B), and Italy ($2.67B).

In 2019, countries that imported more from Norway than Portugal were United Kingdom ($14B), Sweden ($9.1B), and China ($6.8B).

Comparative Advantage Portugal - Norway

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Flow

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

During 2020, Portugal had a large net trade with Norway in the exports of Mineral Products ($50.9M), Textiles ($28.3M), and Metals ($26.4M).

During 2020, Norway had a large net trade with Portugal in the exports of Animal Products ($335M), Metals ($87.3M), and Mineral Products ($73.2M).

Bilateral Service Trade

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In 2020, Portugal exported services to Norway worth $35.4M, with Travel ($35.4M) being the largest in terms of value.

In 2009, Norway exported services to Portugal worth $108M, with Financial services ($41.6M), Travel ($24.3M), and Transportation ($18.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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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 Portugal has comparative advantage over Norway. Similarly, the more yellow a dot/product is, the more Norway has comparative advantage over Portugal.