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2023
Flag → Flag
Exports $50.4MRnk 80 / 168
2023
Flag → Flag
Top Product $11.4MPetroleum Coke
2023
Flag → Flag
Exports $55.8MRnk 68 / 205
2023
Flag → Flag
Top Product $20.9MMixed Mineral or Chemical Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC $14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195

About

Argentina-Norway Trade: In 2023, Argentina exported $50.4M to Norway. The main products that Argentina exported to Norway were Petroleum Coke ($11.4M), Iron Pipes ($9.55M), and Bovine Meat ($5.89M). Over the past 5 years the exports of Argentina to Norway have increased at an annualized rate of 4.99%, from $39.5M in 2018 to $50.4M in 2023.

In 2023, Argentina did not export any services to Norway.

Norway-Argentina Trade: In 2023, Norway exported $55.8M to Argentina. The main products that Norway exported to Argentina were Mixed Mineral or Chemical Fertilizers ($20.9M), Delivery Trucks ($4.9M), and Ferroalloys ($3.49M). Over the past 5 years the exports of Norway to Argentina have decreased at an annualized rate of 11.1%,  from $101M in 2018 to $55.8M in 2023.

In 2023, Norway did not export any services to Argentina.

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $50.4M to Norway. The main products exported from Argentina to Norway were Petroleum Coke ($11.4M), Iron Pipes ($9.55M), and Bovine Meat ($5.89M). During the last 5 years the exports of Argentina to Norway have increased at an annualized rate of 4.99%, from $39.5M in 2018 to $50.4M in 2023.

In 2018, Norway exported $55.8M to Argentina. The main products exported from Norway to Argentina were Mixed Mineral or Chemical Fertilizers ($20.9M), Delivery Trucks ($4.9M), and Ferroalloys ($3.49M). During the last 5 years the exports of Norway to Argentina have decreased at an annualized rate of 11.1%, from $101M in 2023 to $55.8M in 2018.

Exports from Argentina (Flag) to Norway (Flag) (2023)

Exports from Norway (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Norway (Flag)

Argentina Exports

Norway Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from Argentina than Norway included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

In 2023, countries that imported more from Norway than Argentina included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

Difference in imports from Norway (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - Norway

Flow
Scale

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

During 2023, Argentina had a large net trade with Norway in the exports of Animal Products ($14.1M), Mineral Products ($11.4M), and Metals ($10.4M).

During 2018, Norway had a large net trade with Argentina in the exports of Chemical Products ($30.3M), Metals ($8.33M), and Machines ($5.15M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Norway+$2.43MWine
Top Product Potential Norway Argentina+$57MPetroleum Gas

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

Product Space of Argentina (Flag) and Norway (Flag) (2023)

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