2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC 
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 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

Belarus-Norway Trade: In 2022, Belarus exported $217M to Norway. The main products that Belarus exported to Norway were Rapeseed Oil ($199M), Molasses ($4.34M), and Wheat Gluten ($2.46M). Over the past 5 years the exports of Belarus to Norway have increased at an annualized rate of 11.2%, from $127M in 2017 to $217M in 2022.

In 2014, Belarus exported services to Norway worth $2.55M, with Computer and information services ($2.53M), Royalties and license fees ($9.8k), and Government services, n.i.e. ($3.5k) being the largest in terms of value.

Norway-Belarus Trade: In 2022, Norway exported $30.2M to Belarus. The main products that Norway exported to Belarus were Non-fillet Fresh Fish ($10.3M), Non-fillet Frozen Fish ($9.57M), and Fish Fillets ($8.71M). Over the past 5 years the exports of Norway to Belarus have decreased at an annualized rate of 28.2%,  from $158M in 2017 to $30.2M in 2022.

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

Comparison: In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). 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, Belarus exported $217M to Norway. The main products exported from Belarus to Norway were Rapeseed Oil ($199M), Molasses ($4.34M), and Wheat Gluten ($2.46M). During the last 5 years the exports of Belarus to Norway have increased at an annualized rate of 11.2%, from $127M in 2017 to $217M in 2022.

In 2017, Norway exported $30.2M to Belarus. The main products exported from Norway to Belarus were Non-fillet Fresh Fish ($10.3M), Non-fillet Frozen Fish ($9.57M), and Fish Fillets ($8.71M). During the last 5 years the exports of Norway to Belarus have decreased at an annualized rate of 28.2%, from $158M in 2022 to $30.2M in 2017.

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

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

Latest Data

Trade between Belarus (Flag) and Norway (Flag)

Belarus Exports

Norway Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Belarus than Norway included Ukraine ($1.29B), Kazakhstan ($827M), and Uzbekistan ($386M).

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

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

Comparative Advantage Belarus - Norway

Flow
Scale

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

During 2022, Belarus had a large net trade with Norway in the exports of Animal and Vegetable Bi-Products ($201M), Foodstuffs ($5.87M), and Metals ($3.07M).

During 2017, Norway had a large net trade with Belarus in the exports of Animal Products ($28.5M), Transportation ($1.18M), and Machines ($250k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Norway+$1.34MSeats
Top Product Potential Norway Belarus+$3.67MNon-fillet Fresh Fish

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

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

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