Vietnam (VNM) and Norway (NOR) Trade | OEC - The Observatory of Economic Complexity

About

Vietnam-Norway In 2020, Vietnam exported $694M to Norway. The main products that Vietnam exported to Norway are Passenger and Cargo Ships ($199M), Broadcasting Equipment ($109M), and Textile Footwear ($53.2M). During the last 25 years the exports of Vietnam to Norway have increased at an annualized rate of 16.3%, from $15.9M in 1995 to $694M in 2020.

In 2020, Vietnam did not export any services to Norway.

Norway-Vietnam In 2020, Norway exported $236M to Vietnam. The main products that Norway exported to Vietnam were Non-fillet Frozen Fish ($65.2M), Non-fillet Fresh Fish ($26.8M), and Liquid Pumps ($22.8M). During the last 25 years the exports of Norway to Vietnam have increased at an annualized rate of 18.6%, from $3.32M in 1995 to $236M in 2020.

In 2020, Norway did not export any services to Vietnam.

Comparison In 2020, Vietnam ranked 61 in the Economic Complexity Index (ECI -0.057), and 16 in total exports ($300B). That same year, Norway ranked 36 in the Economic Complexity Index (ECI 0.71), and 38 in total exports ($86.2B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2020, Vietnam exported $694M to Norway. The main products exported from Vietnam to Norway were Passenger and Cargo Ships ($199M), Broadcasting Equipment ($109M), and Textile Footwear ($53.2M). During the last 25 years the exports of Vietnam to Norway have increased at an annualized rate of 16.3%, from $15.9M in 1995 to $694M in 2020.

In 2020, Norway exported $236M to Vietnam. The main products exported from Norway to Vietnam were Non-fillet Frozen Fish ($65.2M), Non-fillet Fresh Fish ($26.8M), and Liquid Pumps ($22.8M). During the last 25 years the exports of Norway to Vietnam have increased at an annualized rate of 18.6%, from $3.32M in 1995 to $236M in 2020.

Latest Data

Norway Exports

Date

Market Competitiveness

Measure

SectionYear

Vietnam
Top Destination: United States, $77B

Norway
Top Destination: United Kingdom, $14B

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

In 2019, countries that imported more from Vietnam than Norway were United States ($77B), China ($49.4B), and Japan ($20.4B).

In 2019, countries that imported more from Norway than Vietnam were United Kingdom ($14B), Sweden ($9.1B), and Denmark ($3.38B).

Comparative Advantage Vietnam - Norway

Flow

Scale

Year

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

During 2020, Vietnam had a large net trade with Norway in the exports of Transportation ($202M), Machines ($176M), and Footwear and Headwear ($84.4M).

During 2020, Norway had a large net trade with Vietnam in the exports of Animal Products ($110M), Machines ($50.6M), and Chemical Products ($27.5M).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Norway Exports

Market Competitiveness

Comparative Advantage Vietnam - Norway

Economic Complexity

Competitive Landscape

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