2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Aruba-Norway Trade: In 2022, Aruba exported $359 to Norway. The main products that Aruba exported to Norway were Plastic Lids ($240) and Raw Plastic Sheeting ($119). Over the past 6 years the exports of Aruba to Norway have decreased at an annualized rate of 43.8%, from $11.4k in 2016 to $359 in 2022.

In 2022, Aruba did not export any services to Norway.

Norway-Aruba Trade: In 2022, Norway exported $301k to Aruba. The main products that Norway exported to Aruba were Fish Fillets ($124k), Granite ($117k), and Fish: dried, salted, smoked or in brine ($23.1k). Over the past 6 years the exports of Norway to Aruba have increased at an annualized rate of 5.91%,  from $226k in 2016 to $301k in 2022.

In 2022, Norway did not export any services to Aruba.

Comparison In 2022,  Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index. That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Aruba exported $359 to Norway. The main products exported from Aruba to Norway were Plastic Lids ($240) and Raw Plastic Sheeting ($119). During the last 6 years the exports of Aruba to Norway have decreased at an annualized rate of 43.8%, from $11.4k in 2016 to $359 in 2022.

In 2017, Norway exported $301k to Aruba. The main products exported from Norway to Aruba were Fish Fillets ($124k), Granite ($117k), and Fish: dried, salted, smoked or in brine ($23.1k). During the last 5 years the exports of Norway to Aruba have increased at an annualized rate of 5.91%, from $226k in 2022 to $301k in 2017.

Exports from Aruba (Flag) to Norway (Flag) (2022)

Exports from Norway (Flag) to Aruba (Flag) (2022)

Latest Data

Trade between Aruba (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Aruba
Top Destination
Colombia$49M
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Aruba than Norway included Curaçao ($5.8M), Bonaire ($1.48M), and Suriname ($2.92M).

In 2022, countries that imported more from Norway than Aruba included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway (Flag) and Aruba (Flag) (2022)

Comparative Advantage Aruba - Norway

Flow
Scale

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

During 2022, Aruba had a large net trade with Norway in the exports of Plastics and Rubbers ($359).

During 2017, Norway had a large net trade with Aruba in the exports of Animal Products ($147k), Mineral Products ($117k), and Machines ($36.6k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Aruba and Norway. This means that a dot/product with the flag of Aruba indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Aruba.

Product Space of Aruba (Flag) and Norway (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with