Saudi Arabia (SAU) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Norway Trade: In 2022, Saudi Arabia exported $55.8M to Norway. The main products that Saudi Arabia exported to Norway were Ammonia ($34M), Acyclic Alcohols ($8.61M), and Ethylene Polymers ($3.1M). Over the past 5 years the exports of Saudi Arabia to Norway have increased at an annualized rate of 7.64%, from $38.6M in 2017 to $55.8M in 2022.

In 2022, Saudi Arabia did not export any services to Norway.

Norway-Saudi Arabia Trade: In 2022, Norway exported $152M to Saudi Arabia. The main products that Norway exported to Saudi Arabia were Non-fillet Fresh Fish ($40.2M), Fish Fillets ($20.3M), and Delivery Trucks ($11M). Over the past 5 years the exports of Norway to Saudi Arabia have decreased at an annualized rate of 3.23%, from $179M in 2017 to $152M in 2022.

In 2022, Norway did not export any services to Saudi Arabia.

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Saudi Arabia exported $55.8M to Norway. The main products exported from Saudi Arabia to Norway were Ammonia ($34M), Acyclic Alcohols ($8.61M), and Ethylene Polymers ($3.1M). During the last 5 years the exports of Saudi Arabia to Norway have increased at an annualized rate of 7.64%, from $38.6M in 2017 to $55.8M in 2022.

In 2017, Norway exported $152M to Saudi Arabia. The main products exported from Norway to Saudi Arabia were Non-fillet Fresh Fish ($40.2M), Fish Fillets ($20.3M), and Delivery Trucks ($11M). During the last 5 years the exports of Norway to Saudi Arabia have decreased at an annualized rate of 3.23%, from $179M in 2022 to $152M in 2017.

Exports from Saudi Arabia () to Norway () (2022)

Exports from Norway () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Norway ()

Saudi Arabia Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Saudi Arabia than Norway included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Norway than Saudi Arabia included Germany ($78.1B), United Kingdom ($59.1B), and Belgium ($20.3B).

Difference in imports from Norway () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saudi Arabia had a large net trade with Norway in the exports of Chemical Products ($45.2M), Plastics and Rubbers ($6.47M), and Machines ($1.63M).

During 2017, Norway had a large net trade with Saudi Arabia in the exports of Animal Products ($71M), Machines ($29.8M), and Metals ($12.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Norway+$5.91MAcyclic Alcohols

Top Product Potential Norway Saudi Arabia+$4.15MDelivery Trucks

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Norway () (2022)

Exports from Norway () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Norway ()

Saudi Arabia Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Norway () (2022)

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