Flag United States / Norway Flag

2020
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Exports
: $4.19B, Rnk 46 / 218

2020
FlagFlag
Top Product
: $538M, Planes, Helicopters, and/or Spacecraft

2020
FlagFlag
Exports
: $3.64B, Rnk 7 / 197

2020
FlagFlag
Top Product
: $528M, Fish Fillets

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

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

2020
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GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

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

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

2020
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GDP PC 
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

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

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

United States-Norway In 2020, United States exported $4.19B to Norway. The main products that United States exported to Norway are Planes, Helicopters, and/or Spacecraft ($538M), Cars ($312M), and Refined Petroleum ($167M). During the last 25 years the exports of United States to Norway have increased at an annualized rate of 3.49%, from $1.78B in 1995 to $4.19B in 2020.

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 2020, Norway exported $3.64B to United States. The main products that Norway exported to United States were Fish Fillets ($528M), Refined Petroleum ($262M), and Raw Nickel ($128M). During the last 25 years the exports of Norway to United States have increased at an annualized rate of 1.07%, from $2.79B in 1995 to $3.64B in 2020.

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 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). 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, United States exported $4.19B to Norway. The main products exported from United States to Norway were Planes, Helicopters, and/or Spacecraft ($538M), Cars ($312M), and Refined Petroleum ($167M). During the last 25 years the exports of United States to Norway have increased at an annualized rate of 3.49%, from $1.78B in 1995 to $4.19B in 2020.

In 2020, Norway exported $3.64B to United States. The main products exported from Norway to United States were Fish Fillets ($528M), Refined Petroleum ($262M), and Raw Nickel ($128M). During the last 25 years the exports of Norway to United States have increased at an annualized rate of 1.07%, from $2.79B in 1995 to $3.64B in 2020.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

Norway
Top Destination
: United Kingdom, $14B

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 ($218B), Mexico ($196B), and China ($122B).

In 2019, countries that imported more from Norway than United States were Sweden ($9.1B), Denmark ($3.38B), and Iceland ($490M).

Comparative Advantage United States - Norway

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Flow

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

During 2020, United States had a large net trade with Norway in the exports of Machines ($1.15B), Transportation ($1.02B), and Chemical Products ($561M).

During 2020, Norway had a large net trade with United States in the exports of Animal Products ($751M), Chemical Products ($561M), and Machines ($528M).

Bilateral Service Trade

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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.

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