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Pricing

2022
Flag → Flag
Exports $1.45BRnk 42 / 223
2022
Flag → Flag
Top Product $787MAluminium Oxide
2022
Flag → Flag
Exports $1.13BRnk 21 / 209
2022
Flag → Flag
Top Product $445MMixed Mineral or Chemical Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Brazil-Norway Trade: In 2022, Brazil exported $1.45B to Norway. The main products that Brazil exported to Norway were Aluminium Oxide ($787M), Soybeans ($148M), and Refined Petroleum ($95.2M). Over the past 5 years the exports of Brazil to Norway have increased at an annualized rate of 10.6%, from $877M in 2017 to $1.45B in 2022.

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

Norway-Brazil Trade: In 2022, Norway exported $1.13B to Brazil. The main products that Norway exported to Brazil were Mixed Mineral or Chemical Fertilizers ($445M), Fish: dried, salted, smoked or in brine ($117M), and Ferroalloys ($70.1M). Over the past 5 years the exports of Norway to Brazil have increased at an annualized rate of 11.5%,  from $656M in 2017 to $1.13B in 2022.

In 2010, Norway exported services to Brazil worth $1.78B, with Services not allocated ($889M), Other business services ($572M), and Transportation ($294M) being the largest in terms of value.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Latest Trends

August, 2024

About

Overview In August 2024, Brazil exported $123M and imported $64.1M from Norway, resulting in a positive trade balance of $59M. Between August 2023 and August 2024 the exports of Brazil have increased by $25.2M (25.8%) from $97.9M to $123M, while imports increased by $9.08M (16.5%) from $55M to $64.1M.

Trade In August 2024, the top exports of Brazil to Norway were Aluminium Oxide ($62.5M), Refined Petroleum ($7.13M), Petroleum Coke ($5.69M), Coffee ($4.25M), and Carbides ($2.14M). In August 2024 the top imports of Brazil from Norway were Ferroalloys ($8.09M), Raw Nickel ($7.27M), Fish: dried, salted, smoked or in... ($7.22M), Gas and Liquid Flow Measuring Instruments ($4.02M), and Valves ($2.92M).

Origins In August 2024 the exports of Brazil were mainly from Pará ($35.9M), Mato Grosso ($23.9M), São Paulo ($9.28M), Paraná ($5.41M), and Rio de Janeiro ($4.96M), while imports destinations were mainly São Paulo ($16M), Rio de Janeiro ($15M), Minas Gerais ($13.5M), Paraná ($6.09M), and Espírito Santo ($5.05M).

Growth In August 2024, the increase in Brazil's year-by-year exports to Norway was explained primarily by an increase in product exports in Aluminium Oxide ($13.5M or 27.6%), Refined Petroleum ($4.99M or 233%), and Coffee ($1.81M or 74.4%). In August 2024, the increase in Brazil's year-by-year imports  from Norway was explained primarily by an increase in product imports  in Ferroalloys ($3.49M or 75.9%), Liquid Pumps ($2.23M or 2.13k%), and Gas and Liquid Flow Measuring Instruments ($2.13M or 113%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$25.2M(25.8%)
IMPORT GROWTH (August 2023 - August 2024)$9.08M(16.5%)
MAIN EXPORTER (August 2024)Pará$35.9M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Norway and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Norway and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $1.45B to Norway. The main products exported from Brazil to Norway were Aluminium Oxide ($787M), Soybeans ($148M), and Refined Petroleum ($95.2M). During the last 5 years the exports of Brazil to Norway have increased at an annualized rate of 10.6%, from $877M in 2017 to $1.45B in 2022.

In 2017, Norway exported $1.13B to Brazil. The main products exported from Norway to Brazil were Mixed Mineral or Chemical Fertilizers ($445M), Fish: dried, salted, smoked or in brine ($117M), and Ferroalloys ($70.1M). During the last 5 years the exports of Norway to Brazil have increased at an annualized rate of 11.5%, from $656M in 2022 to $1.13B in 2017.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Brazil than Norway included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

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

Comparative Advantage Brazil - Norway

Flow
Scale

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

During 2022, Brazil had a large net trade with Norway in the exports of Chemical Products ($835M), Vegetable Products ($199M), and Mineral Products ($154M).

During 2017, Norway had a large net trade with Brazil in the exports of Chemical Products ($528M), Metals ($163M), and Machines ($135M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Norway+$57MRefined Petroleum
Top Product Potential Norway Brazil+$15.7MRefined Petroleum

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

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

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