2023
Flag  
GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 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 
$7,829CURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 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

Belarus-Norway Trade: In 2023, Belarus exported $151M to Norway. The main products that Belarus exported to Norway were Rapeseed Oil ($131M), Other Pure Vegetable Oils ($9.77M), and Molasses ($5.55M). Over the past 5 years the exports of Belarus to Norway have increased at an annualized rate of 0.0079%, from $151M in 2018 to $151M in 2023.

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 2023, Norway exported $35.8M to Belarus. The main products that Norway exported to Belarus were Non-fillet Fresh Fish ($12.4M), Fish Fillets ($10.9M), and Non-fillet Frozen Fish ($9.47M). Over the past 5 years the exports of Norway to Belarus have decreased at an annualized rate of 25.6%,  from $157M in 2018 to $35.8M in 2023.

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

Comparison: In 2023,  Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B). 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, Belarus exported $151M to Norway. The main products exported from Belarus to Norway were Rapeseed Oil ($131M), Other Pure Vegetable Oils ($9.77M), and Molasses ($5.55M). During the last 5 years the exports of Belarus to Norway have increased at an annualized rate of 0.0079%, from $151M in 2018 to $151M in 2023.

In 2018, Norway exported $35.8M to Belarus. The main products exported from Norway to Belarus were Non-fillet Fresh Fish ($12.4M), Fish Fillets ($10.9M), and Non-fillet Frozen Fish ($9.47M). During the last 5 years the exports of Norway to Belarus have decreased at an annualized rate of 25.6%, from $157M in 2023 to $35.8M in 2018.

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

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

Latest Data

Trade between Belarus (Flag) and Norway (Flag)

Belarus Exports

Norway Exports

Market Competitiveness

Color
Belarus
Top Destination
China$2.6B
Norway
Top Destination
Germany$33.8B

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 2023, countries that imported more from Belarus than Norway included Kazakhstan ($757M), Uzbekistan ($509M), and Azerbaijan ($325M).

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

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

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 2023, Belarus had a large net trade with Norway in the exports of Animal and Vegetable Bi-Products ($141M), Foodstuffs ($9.55M), and Metals ($323k).

During 2018, Norway had a large net trade with Belarus in the exports of Animal Products ($32.8M), Transportation ($2.17M), and Chemical Products ($352k).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

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