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Pricing

2021
Flag → Flag
Exports $5.16BRnk 44 / 217
2021
Flag → Flag
Top Product $729MPlanes, Helicopters, and/or Spacecraft
2021
Flag → Flag
Exports $4.69BRnk 8 / 204
2021
Flag → Flag
Top Product $737MRefined Petroleum
2021
Flag
Economic Complexity (ECI) ECI 1.46Rnk 10 / 131
2021
Flag
Economic Complexity (ECI) ECI 0.69Rnk 38 / 131
2021
Flag  
GDP$23.3TCURRENT US$
Rnk 1 / 204
2011-2021
Flag
GDP GROWTH49.5%CURRENT US$
Rnk 51 / 204
2021
Flag
 GDP$490BCURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP GROWTH-2.21%CURRENT US$
Rnk 172 / 204
2021
Flag
GDP PC $70,219CURRENT US$
Rnk 10 / 204
2011-2021
Flag
GDP PC GROWTH40.3%CURRENT US$
Rnk 47 / 204
2021
Flag
GDP PC$90,655CURRENT US$
Rnk 7 / 204
2011-2021
Flag
GDP PC GROWTH-10.4%CURRENT US$
Rnk 166 / 204

About

United States-Norway In 2021, United States exported $5.16B to Norway. The main products that United States exported to Norway are Planes, Helicopters, and/or Spacecraft ($729M), Crude Petroleum ($660M), and Refined Petroleum ($256M). During the last 26 years the exports of United States to Norway have increased at an annualized rate of 4.24%, from $1.75B in 1995 to $5.16B in 2021.

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 In 2021, Norway exported $4.69B to United States. The main products that Norway exported to United States were Refined Petroleum ($737M), Fish Fillets ($651M), and Raw Nickel ($174M). During the last 26 years the exports of Norway to United States have increased at an annualized rate of 2.02%, from $2.79B in 1995 to $4.69B in 2021.

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 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, Norway ranked 38 in the Economic Complexity Index (ECI 0.69), and 33 in total exports ($164B).

Latest Trends

September, 2023

About

Overview In September 2023, United States exported $336M and imported $471M from Norway, resulting in a negative trade balance of $135M. Between September 2022 and September 2023 the exports of United States have increased by $62.2M (22.7%) from $274M to $336M, while imports decreased by $-120M (-20.4%) from $592M to $471M.

Trade In September 2023, the top exports of United States to Norway were Refined Petroleum ($26.1M), Petroleum Gas ($22.9M), Acyclic Hydrocarbons ($18.4M), Ammonia ($17.3M), and Commodities not elsewhere specified ($15M). In September 2023 the top imports of United States from Norway were Fish Fillets ($66.8M), Refined Petroleum ($33.1M), Commodities not elsewhere specified ($32M), Cobalt ($29.5M), and Special Pharmaceuticals ($29.2M).

Origins In September 2023 the exports of United States were mainly from Texas ($109M), South Carolina ($31.9M), Pennsylvania ($25.3M), Oklahoma ($22.1M), and Louisiana ($16.2M), while imports destinations were mainly Florida ($95.2M), New Jersey ($46.7M), California ($42.7M), Maryland ($37.6M), and Texas ($33.3M).

Growth In September 2023, the increase in United States's year-by-year exports to Norway was explained primarily by an increase in product exports in Acyclic Hydrocarbons ($7.96M or 76.5%), Petroleum Coke ($6.16M or 304%), and Paintings ($2.84M or 61.3%). In September 2023, the decrease in United States's year-by-year imports  from Norway was explained primarily by an decrease in product imports  in Crude Petroleum ($-18.2M or -40.4%), Raw Nickel ($-12.4M or -89.2%), and Paintings ($-9.02M or -99.8%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2022 - September 2023)$62.2M(22.7%)
IMPORT GROWTH (September 2022 - September 2023)$-120M(-20.4%)
MAIN EXPORTER (September 2023)Texas$109M

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.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, United States exported $5.16B to Norway. The main products exported from United States to Norway were Planes, Helicopters, and/or Spacecraft ($729M), Crude Petroleum ($660M), and Refined Petroleum ($256M). During the last 26 years the exports of United States to Norway have increased at an annualized rate of 4.24%, from $1.75B in 1995 to $5.16B in 2021.

In 2021, Norway exported $4.69B to United States. The main products exported from Norway to United States were Refined Petroleum ($737M), Fish Fillets ($651M), and Raw Nickel ($174M). During the last 26 years the exports of Norway to United States have increased at an annualized rate of 2.02%, from $2.79B in 1995 to $4.69B in 2021.

Exports from United States (Flag) to Norway (Flag) (2021)

Exports from Norway (Flag) to United States (Flag) (2021)

Market Competitiveness

Color
United States
Top DestinationCanada$259B
Norway
Top DestinationUnited Kingdom$33.5B

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 2021, countries that imported more from United States than Norway were Canada ($259B), Mexico ($247B), and China ($151B).

In 2021, countries that imported more from Norway than United States were Sweden ($13.7B), Denmark ($4.57B), and Iceland ($858M).

Difference in imports from Norway (Flag) and United States (Flag) (2021)

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 2021, United States had a large net trade with Norway in the exports of Mineral Products ($1.21B), Transportation ($1.14B), and Machines ($1.09B).

During 2021, Norway had a large net trade with United States in the exports of Animal Products ($968M), Mineral Products ($885M), and Machines ($639M).

Service Trade

Bilateral Service Trade

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.

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.

Services Exports from United States (Flag) to Norway (Flag) (2017)

Services Exports from Norway (Flag) to United States (Flag) (2010)

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

Product Space of United States (Flag) and Norway (Flag) (2021)

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