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2023
Flag → Flag
Exports $6.97BRnk 41 / 220
2023
Flag → Flag
Top Product $826MCrude Petroleum
2023
Flag → Flag
Exports $6.19BRnk 10 / 205
2023
Flag → Flag
Top Product $1.34BRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132

About

United States-Norway Trade: In 2023, United States exported $6.97B to Norway. The main products that United States exported to Norway were Crude Petroleum ($826M), Refined Petroleum ($741M), and Planes, Helicopters, and/or Spacecraft ($459M). Over the past 5 years the exports of United States to Norway have increased at an annualized rate of 1.98%, from $6.32B in 2018 to $6.97B in 2023.

In 2017, United States exported services to Norway worth $3.04B, with Travel ($1.1B), Transportation ($523M), and Other business services ($465M) being the largest in terms of value.

Norway-United States Trade: In 2023, Norway exported $6.19B to United States. The main products that Norway exported to United States were Refined Petroleum ($1.34B), Fish Fillets ($985M), and Raw Nickel ($355M). Over the past 5 years the exports of Norway to United States have decreased at an annualized rate of 1.68%,  from $6.74B in 2018 to $6.19B in 2023.

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 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and N/A in total exports (N/A). That same year, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and N/A in total exports (N/A).

Latest Trends

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About

Overview In N/A, United States exported $N/A and imported $N/A from Norway, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of United States have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Origins In N/A the exports of United States were mainly from N/A, while imports destinations were mainly N/A.

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Norway and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Norway and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $6.97B to Norway. The main products exported from United States to Norway were Crude Petroleum ($826M), Refined Petroleum ($741M), and Planes, Helicopters, and/or Spacecraft ($459M). During the last 5 years the exports of United States to Norway have increased at an annualized rate of 1.98%, from $6.32B in 2018 to $6.97B in 2023.

In 2018, Norway exported $6.19B to United States. The main products exported from Norway to United States were Refined Petroleum ($1.34B), Fish Fillets ($985M), and Raw Nickel ($355M). During the last 5 years the exports of Norway to United States have decreased at an annualized rate of 1.68%, from $6.74B in 2023 to $6.19B in 2018.

Market Competitiveness

Color
United States
Top DestinationN/AN/A
Norway
Top DestinationN/AN/A

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.

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Comparative Advantage United States - Norway

Flow
Scale

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

During 2023, United States had a large net trade with Norway in the exports of Mineral Products ($1.8B), Machines ($1.55B), and Chemical Products ($1.13B).

During 2018, Norway had a large net trade with United States in the exports of Mineral Products ($1.49B), Animal Products ($1.45B), and Chemical Products ($750M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Norway+$227MRefined Petroleum
Top Product Potential Norway United States+$458MCrude Petroleum

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 United States and Norway. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Norway (Flag) (2023)

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