Flag United States / Norway Flag

2019
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Exports
: $5.3B, Rnk 42 / 218

2019
FlagFlag
Top Product
: $654M, Planes, Helicopters, and/or Spacecraft

2019
FlagFlag
Exports
: $5.1B, Rnk 6 / 208

2019
FlagFlag
Top Product
: $819M, Refined Petroleum

2019
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Economic Complexity (ECI)
: ECI 1.58, Rnk 10 / 146

2019
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Economic Complexity (ECI)
: ECI 0.79, Rnk 38 / 146

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $403B, CURRENT US$
Rnk 29 / 187

2009-2019
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GDP GROWTH
: 4.44%, CURRENT US$
Rnk 170 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
Flag
GDP PC
: $75,420, CURRENT US$
Rnk 6 / 187

2009-2019
Flag
GDP PC GROWTH
: -5.7%, CURRENT US$
Rnk 170 / 187

United States-Norway In 2019, United States exported $5.3B to Norway. The main products that United States exported to Norway are Planes, Helicopters, and/or Spacecraft ($654M), Cars ($547M), and Crude Petroleum ($496M). During the last 24 years the exports of United States to Norway have increased at an annualized rate of 4.75%, from $1.74B in 1995 to $5.3B in 2019.

In 2011, United States exported services to Norway worth $2.48B, with Travel ($1.09B), Transportation ($826M), and Royalties and license fees ($299M) being the largest in terms of value.

Norway-United States In 2019, Norway exported $5.1B to United States . The main products that Norway exported to United States were Refined Petroleum ($819M), Crude Petroleum ($710M), and Fish Fillets ($518M). During the last 24 years the exports of Norway to United States have increased at an annualized rate of 2.53%, from $2.8B in 1995 to $5.1B in 2019.

In 2010, Norway exported services to United States worth $5.51B, with Services not allocated ($2.75B), Other business services ($1.17B), and Transportation ($770M) being the largest in terms of value.

Comparison In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T). That same year, Norway ranked 38 in the Economic Complexity Index (ECI 0.79), and 35 in total exports ($109B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United States exported $5.3B to Norway. The main products exported from United States to Norway were Planes, Helicopters, and/or Spacecraft ($654M), Cars ($547M), and Crude Petroleum ($496M). During the last 24 years the exports of United States to Norway have increased at an annualized rate of 4.75%, from $1.74B in 1995 to $5.3B in 2019.

In 2019, Norway exported $5.1B to United States. The main products exported from Norway to United States were Refined Petroleum ($819M), Crude Petroleum ($710M), and Fish Fillets ($518M). During the last 24 years the exports of Norway to United States have increased at an annualized rate of 2.53%, from $2.8B in 1995 to $5.1B in 2019.

United States Exports

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Norway Exports

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Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Norway
Top Destination
: United Kingdom, $20B

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

In 2019, countries that imported more from United States than Norway were Canada ($252B), Mexico ($235B), and China ($103B).

In 2019, countries that imported more from Norway than United States were Sweden ($10.1B), Denmark ($4.43B), and Iceland ($713M).

Comparative Advantage United States - Norway

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Depth

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

During 2019, United States had a large net trade with Norway in the exports of Transportation ($1.46B), Machines ($1.43B), and Mineral Products ($759M).

During 2019, Norway had a large net trade with United States in the exports of Mineral Products ($1.61B), Animal Products ($816M), and Machines ($666M).

Tariff Section

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This section shows import tariffs for products traded between United States and Norway (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Norway were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2018, the products from Norway that paid the highest import tariffs to enter United States were Poultry: live, turkeys, weighing not more than 185g (555%) and Poultry: live, ducks, weighing not more than 185g (555%).

*The tariffs present between United States and Norway are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2011, United States exported services to Norway worth $2.48B, with Travel ($1.09B), Transportation ($826M), and Royalties and license fees ($299M) being the largest in terms of value.

In 2010, Norway exported services to United States worth $5.51B, with Services not allocated ($2.75B), Other business services ($1.17B), and Transportation ($770M) 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 red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Norway. Similarly, the more red a dot/product is, the more Norway has comparative advantage over United States.