Turkey (TUR) and Norway (NOR) Trade | The Observatory of Economic Complexity

About

Turkey-Norway Trade: In 2023, Turkey exported $1.09B to Norway. The main products that Turkey exported to Norway were Passenger and Cargo Ships ($212M), Fishing Ships ($89M), and Delivery Trucks ($69.4M). Over the past 5 years the exports of Turkey to Norway have increased at an annualized rate of 5.4%, from $839M in 2018 to $1.09B in 2023.

In 2009, Turkey exported services to Norway worth $0, with being the largest in terms of value.

Norway-Turkey Trade: In 2023, Norway exported $1.26B to Turkey. The main products that Norway exported to Turkey were Crude Petroleum ($208M), Petroleum Gas ($132M), and Fish Oil ($114M). Over the past 5 years the exports of Norway to Turkey have increased at an annualized rate of 4.97%, from $944M in 2018 to $1.26B in 2023.

In 2009, Norway exported services to Turkey worth $3.68M, with Transportation ($2.56M), Travel ($799k), and Insurance services ($319k) being the largest in terms of value.

Comparison: In 2023, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Turkey exported $1.09B to Norway. The main products exported from Turkey to Norway were Passenger and Cargo Ships ($212M), Fishing Ships ($89M), and Delivery Trucks ($69.4M). During the last 5 years the exports of Turkey to Norway have increased at an annualized rate of 5.4%, from $839M in 2018 to $1.09B in 2023.

In 2018, Norway exported $1.26B to Turkey. The main products exported from Norway to Turkey were Crude Petroleum ($208M), Petroleum Gas ($132M), and Fish Oil ($114M). During the last 5 years the exports of Norway to Turkey have increased at an annualized rate of 4.97%, from $944M in 2023 to $1.26B in 2018.

Exports from Turkey () to Norway () (2023)

Exports from Norway () to Turkey () (2023)

Latest Data

Trade between Turkey () and Norway ()

Turkey Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$24.7B

Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from Turkey than Norway included United Arab Emirates ($14.7B), Iraq ($12.8B), and Russia ($10.8B).

In 2023, countries that imported more from Norway than Turkey included United Kingdom ($32.6B), Sweden ($15.9B), and Denmark ($12.7B).

Difference in imports from Norway () and Turkey () (2023)

Comparative Advantage Turkey - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Turkey had a large net trade with Norway in the exports of Transportation ($437M), Textiles ($208M), and Machines ($154M).

During 2018, Norway had a large net trade with Turkey in the exports of Mineral Products ($346M), Machines ($209M), and Metals ($158M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Turkey Norway+$40.6MCars

Top Product Potential Norway Turkey+N/AN/A

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkey () to Norway () (2023)

Exports from Norway () to Turkey () (2023)

Latest Data

Trade between Turkey () and Norway ()

Turkey Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Turkey () (2023)

Comparative Advantage Turkey - Norway

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Turkey () and Norway () (2023)

Keep Exploring