2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 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

Iran-Norway Trade: In 2022, Iran exported $6.44M to Norway. The main products that Iran exported to Norway were Tropical Fruits ($1.86M), Knotted Carpets ($1.43M), and Other Nuts ($403k). Over the past 5 years the exports of Iran to Norway have increased at an annualized rate of 0.6%, from $6.25M in 2017 to $6.44M in 2022.

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

Norway-Iran Trade: In 2022, Norway exported $1.56M to Iran. The main products that Norway exported to Iran were Non-fillet Fresh Fish ($1.31M), Newsprint ($94.1k), and Other Inedible Animal Products ($52.9k). Over the past 5 years the exports of Norway to Iran have decreased at an annualized rate of 38.3%,  from $17.5M in 2017 to $1.56M in 2022.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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, Iran exported $6.44M to Norway. The main products exported from Iran to Norway were Tropical Fruits ($1.86M), Knotted Carpets ($1.43M), and Other Nuts ($403k). During the last 5 years the exports of Iran to Norway have increased at an annualized rate of 0.6%, from $6.25M in 2017 to $6.44M in 2022.

In 2017, Norway exported $1.56M to Iran. The main products exported from Norway to Iran were Non-fillet Fresh Fish ($1.31M), Newsprint ($94.1k), and Other Inedible Animal Products ($52.9k). During the last 5 years the exports of Norway to Iran have decreased at an annualized rate of 38.3%, from $17.5M in 2022 to $1.56M in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Iran than Norway included Turkey ($3.17B), Kuwait ($960M), and Pakistan ($762M).

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

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

Comparative Advantage Iran - Norway

Flow
Scale

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

During 2022, Iran had a large net trade with Norway in the exports of Vegetable Products ($3.13M), Textiles ($1.75M), and Foodstuffs ($710k).

During 2017, Norway had a large net trade with Iran in the exports of Animal Products ($1.37M), Paper Goods ($94.4k), and Machines ($52.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Norway+$1MTropical Fruits
Top Product Potential Norway Iran+$593kNon-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 Iran and Norway. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Iran.

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

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