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2022
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Exports $434MRnk 50 / 218
2022
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Top Product $107MIron Structures
2022
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Exports $697MRnk 26 / 209
2022
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Top Product $227MNon-fillet Fresh Fish
2022
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Economic Complexity (ECI) ECI 0.88Rnk 29 / 124
2022
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Economic Complexity (ECI) ECI 0.58Rnk 41 / 124
2022
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GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
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 PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 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

About

Thailand-Norway In 2022, Thailand exported $434M to Norway. The main products that Thailand exported to Norway are Iron Structures ($107M), Air Conditioners ($44.6M), and Delivery Trucks ($16.5M). During the last 27 years the exports of Thailand to Norway have increased at an annualized rate of 6.08%, from $88M in 1995 to $434M in 2022.

In 2022, Thailand did not export any services to Norway.

Norway-Thailand In 2022, Norway exported $697M to Thailand. The main products that Norway exported to Thailand were Non-fillet Fresh Fish ($227M), Mixed Mineral or Chemical Fertilizers ($164M), and Scrap Vessels ($104M). During the last 27 years the exports of Norway to Thailand have increased at an annualized rate of 4.26%, from $226M in 1995 to $697M in 2022.

In 2022, Norway did not export any services to Thailand.

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B). That same year, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $434M to Norway. The main products exported from Thailand to Norway were Iron Structures ($107M), Air Conditioners ($44.6M), and Delivery Trucks ($16.5M). During the last 27 years the exports of Thailand to Norway have increased at an annualized rate of 6.08%, from $88M in 1995 to $434M in 2022.

In 2022, Norway exported $697M to Thailand. The main products exported from Norway to Thailand were Non-fillet Fresh Fish ($227M), Mixed Mineral or Chemical Fertilizers ($164M), and Scrap Vessels ($104M). During the last 27 years the exports of Norway to Thailand have increased at an annualized rate of 4.26%, from $226M in 1995 to $697M in 2022.

Exports from Thailand (Flag) to Norway (Flag) (2022)

Exports from Norway (Flag) to Thailand (Flag) (2022)

Latest Data

Trade between Thailand (Flag) and Norway (Flag)

Thailand Exports

Norway Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Norway
Top DestinationGermany$78.1B

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

In 2021, countries that imported more from Thailand than Norway were United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Difference in imports from Norway (Flag) and Thailand (Flag) (2022)

Comparative Advantage Thailand - Norway

Flow
Scale

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

During 2022, Thailand had a large net trade with Norway in the exports of Machines ($141M), Metals ($117M), and Transportation ($37.5M).

During 2022, Norway had a large net trade with Thailand in the exports of Animal Products ($304M), Chemical Products ($181M), and Transportation ($105M).

Economic Complexity

Competitive Landscape

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

Product Space of Thailand (Flag) and Norway (Flag) (2022)

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