Estonia (EST) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Estonia-Norway In 2022, Estonia exported $792M to Norway. The main products that Estonia exported to Norway are Prefabricated Buildings ($106M), Refined Petroleum ($88.5M), and Wood Carpentry ($69.6M). During the last 27 years the exports of Estonia to Norway have increased at an annualized rate of 11.2%, from $45.4M in 1995 to $792M in 2022.

In 2020, Estonia exported services to Norway worth $169M, with Transportation ($69.2M), Construction services ($45.1M), and Other business services ($31.9M) being the largest in terms of value.

Norway-Estonia In 2022, Norway exported $234M to Estonia. The main products that Norway exported to Estonia were Non-fillet Fresh Fish ($44.3M), Delivery Trucks ($33.2M), and Broadcasting Equipment ($23.5M). During the last 27 years the exports of Norway to Estonia have increased at an annualized rate of 7.65%, from $31.9M in 1995 to $234M in 2022.

In 2009, Norway exported services to Estonia worth $20.1M, with Travel ($8.15M), Financial services ($5.75M), and Other business services ($3.68M) being the largest in terms of value.

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $792M to Norway. The main products exported from Estonia to Norway were Prefabricated Buildings ($106M), Refined Petroleum ($88.5M), and Wood Carpentry ($69.6M). During the last 27 years the exports of Estonia to Norway have increased at an annualized rate of 11.2%, from $45.4M in 1995 to $792M in 2022.

In 2022, Norway exported $234M to Estonia. The main products exported from Norway to Estonia were Non-fillet Fresh Fish ($44.3M), Delivery Trucks ($33.2M), and Broadcasting Equipment ($23.5M). During the last 27 years the exports of Norway to Estonia have increased at an annualized rate of 7.65%, from $31.9M in 1995 to $234M in 2022.

Exports from Estonia () to Norway () (2022)

Exports from Norway () to Estonia () (2022)

Latest Data

Trade between Estonia () and Norway ()

Estonia Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Norway
Top DestinationGermany$78.1B

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

In 2021, countries that imported more from Estonia than Norway were Latvia ($2.77B), Russia ($1.38B), and Uzbekistan ($94.3M).

In 2021, countries that imported more from Norway than Estonia were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway () and Estonia () (2022)

Comparative Advantage Estonia - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Norway in the exports of Miscellaneous ($181M), Wood Products ($149M), and Machines ($102M).

During 2022, Norway had a large net trade with Estonia in the exports of Machines ($51.5M), Animal Products ($51M), and Transportation ($39.2M).

Service Trade

Bilateral Service Trade

Nor Year

Est Year

In 2020, Estonia exported services to Norway worth $169M, with Transportation ($69.2M), Construction services ($45.1M), and Other business services ($31.9M) being the largest in terms of value.

In 2009, Norway exported services to Estonia worth $20.1M, with Travel ($8.15M), Financial services ($5.75M), and Other business services ($3.68M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia () to Norway () (2020)

Services Exports from Norway () to Estonia () (2009)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Estonia has comparative advantage over Norway. Similarly, the more yellow a dot/product is, the more Norway has comparative advantage over Estonia.

About

Historical Data

Bilateral Trade by Products

Exports from Estonia () to Norway () (2022)

Exports from Norway () to Estonia () (2022)

Latest Data

Trade between Estonia () and Norway ()

Estonia Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Estonia () (2022)

Comparative Advantage Estonia - Norway

Service Trade

Bilateral Service Trade

Services Exports from Estonia () to Norway () (2020)

Services Exports from Norway () to Estonia () (2009)

Economic Complexity

Competitive Landscape

Product Space of Estonia () and Norway () (2022)

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