Flag Turkey / Norway Flag

2020
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Exports
: $790M, Rnk 47 / 215

2020
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Top Product
: $174M, Fishing Ships

2020
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Exports
: $1.5B, Rnk 13 / 197

2020
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Top Product
: $760M, Crude Petroleum

2020
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Economic Complexity (ECI)
: ECI 0.58, Rnk 38 / 127

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

2020
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GDP
: $720B, CURRENT US$
Rnk 19 / 195

2010-2020
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GDP GROWTH
: -7.34%, CURRENT US$
Rnk 170 / 195

2020
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 GDP
: $362B, CURRENT US$
Rnk 31 / 195

2010-2020
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GDP GROWTH
: -15.5%, CURRENT US$
Rnk 182 / 195

2020
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GDP PC 
: $8,536, CURRENT US$
Rnk 79 / 195

2010-2020
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GDP PC GROWTH
: -20.5%, CURRENT US$
Rnk 171 / 195

2020
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GDP PC
: $67,330, CURRENT US$
Rnk 7 / 195

2010-2020
Flag
GDP PC GROWTH
: -23.2%, CURRENT US$
Rnk 176 / 195

Turkey-Norway In 2020, Turkey exported $790M to Norway. The main products that Turkey exported to Norway are Fishing Ships ($174M), Passenger and Cargo Ships ($137M), and Cars ($50.2M). During the last 25 years the exports of Turkey to Norway have increased at an annualized rate of 10.1%, from $71.9M in 1995 to $790M in 2020.

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

Norway-Turkey In 2020, Norway exported $1.5B to Turkey. The main products that Norway exported to Turkey were Crude Petroleum ($760M), Petroleum Gas ($136M), and Ferroalloys ($69.9M). During the last 25 years the exports of Norway to Turkey have increased at an annualized rate of 11.7%, from $95.1M in 1995 to $1.5B in 2020.

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 2020,  Turkey ranked 38 in the Economic Complexity Index (ECI 0.58), and 29 in total exports ($177B). 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, Turkey exported $790M to Norway. The main products exported from Turkey to Norway were Fishing Ships ($174M), Passenger and Cargo Ships ($137M), and Cars ($50.2M). During the last 25 years the exports of Turkey to Norway have increased at an annualized rate of 10.1%, from $71.9M in 1995 to $790M in 2020.

In 2020, Norway exported $1.5B to Turkey. The main products exported from Norway to Turkey were Crude Petroleum ($760M), Petroleum Gas ($136M), and Ferroalloys ($69.9M). During the last 25 years the exports of Norway to Turkey have increased at an annualized rate of 11.7%, from $95.1M in 1995 to $1.5B in 2020.

Turkey Exports

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Norway Exports

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Market Competitiveness

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Measure

Turkey
Top Destination
: Germany, $16.3B

Norway
Top Destination
: United Kingdom, $14B

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 2019, countries that imported more from Turkey than Norway were Iraq ($9.14B), Italy ($8.23B), and United States ($10.3B).

In 2019, countries that imported more from Norway than Turkey were Sweden ($9.1B), China ($6.8B), and Netherlands ($8.09B).

Comparative Advantage Turkey - Norway

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Flow

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

During 2020, Turkey had a large net trade with Norway in the exports of Transportation ($472M), Textiles ($75.1M), and Machines ($65.3M).

During 2020, Norway had a large net trade with Turkey in the exports of Mineral Products ($897M), Machines ($193M), and Metals ($110M).

Bilateral Service Trade

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Tur Year

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

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.

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