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2023
Flag → Flag
Exports $25MRnk 105 / 182
2023
Flag → Flag
Top Product $4.04MGas Turbines
2023
Flag → Flag
Exports $307MRnk 38 / 205
2023
Flag → Flag
Top Product $51.8MNon-fillet Fresh Fish
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
 GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC $32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195

About

Saudi Arabia-Norway Trade: In 2023, Saudi Arabia exported $25M to Norway. The main products that Saudi Arabia exported to Norway were Gas Turbines ($4.04M), Raw Aluminium ($4.02M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($3.42M). Over the past 5 years the exports of Saudi Arabia to Norway have decreased at an annualized rate of 15.9%, from $59.5M in 2018 to $25M in 2023.

In 2023, Saudi Arabia did not export any services to Norway.

Norway-Saudi Arabia Trade: In 2023, Norway exported $307M to Saudi Arabia. The main products that Norway exported to Saudi Arabia were Non-fillet Fresh Fish ($51.8M), Surveying Equipment ($50.1M), and Manganese Oxides ($27.8M). Over the past 5 years the exports of Norway to Saudi Arabia have increased at an annualized rate of 5.33%,  from $203M in 2018 to $307M in 2023.

In 2023, Norway did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saudi Arabia exported $25M to Norway. The main products exported from Saudi Arabia to Norway were Gas Turbines ($4.04M), Raw Aluminium ($4.02M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($3.42M). During the last 5 years the exports of Saudi Arabia to Norway have decreased at an annualized rate of 15.9%, from $59.5M in 2018 to $25M in 2023.

In 2018, Norway exported $307M to Saudi Arabia. The main products exported from Norway to Saudi Arabia were Non-fillet Fresh Fish ($51.8M), Surveying Equipment ($50.1M), and Manganese Oxides ($27.8M). During the last 5 years the exports of Norway to Saudi Arabia have increased at an annualized rate of 5.33%, from $203M in 2023 to $307M in 2018.

Exports from Saudi Arabia (Flag) to Norway (Flag) (2023)

Exports from Norway (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Norway (Flag)

Saudi Arabia Exports

Norway Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$64.4B
Norway
Top DestinationGermany$33.8B

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 2023, countries that imported more from Saudi Arabia than Norway included China ($64.4B), India ($34.8B), and Japan ($34.7B).

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

Difference in imports from Norway (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Norway

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Norway in the exports of Machines ($6.3M), Chemical Products ($5.63M), and Metals ($5.5M).

During 2018, Norway had a large net trade with Saudi Arabia in the exports of Animal Products ($83.6M), Chemical Products ($61.1M), and Instruments ($57.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Norway+$5.91MAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
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

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.

Product Space of Saudi Arabia (Flag) and Norway (Flag) (2023)

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