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2023
Flag → Flag
Exports $5.09MRnk 53 / 130
2023
Flag → Flag
Top Product $1.96MTropical Fruits
2023
Flag → Flag
Exports $1.24MRnk 152 / 205
2023
Flag → Flag
Top Product $942kNon-fillet Fresh Fish
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 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 $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 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

Iran-Norway Trade: In 2023, Iran exported $5.09M to Norway. The main products that Iran exported to Norway were Tropical Fruits ($1.96M), Knotted Carpets ($540k), and Other Nuts ($408k). Over the past 5 years the exports of Iran to Norway have decreased at an annualized rate of 5.93%, from $6.91M in 2018 to $5.09M in 2023.

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

Norway-Iran Trade: In 2023, Norway exported $1.24M to Iran. The main products that Norway exported to Iran were Non-fillet Fresh Fish ($942k), Other Construction Vehicles ($132k), and Carboxyimide Compounds ($56.4k). Over the past 5 years the exports of Norway to Iran have decreased at an annualized rate of 21.7%,  from $29.6M in 2018 to $1.24M in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $5.09M to Norway. The main products exported from Iran to Norway were Tropical Fruits ($1.96M), Knotted Carpets ($540k), and Other Nuts ($408k). During the last 5 years the exports of Iran to Norway have decreased at an annualized rate of 5.93%, from $6.91M in 2018 to $5.09M in 2023.

In 2018, Norway exported $1.24M to Iran. The main products exported from Norway to Iran were Non-fillet Fresh Fish ($942k), Other Construction Vehicles ($132k), and Carboxyimide Compounds ($56.4k). During the last 5 years the exports of Norway to Iran have decreased at an annualized rate of 21.7%, from $29.6M in 2023 to $1.24M in 2018.

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

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

Latest Data

Trade between Iran (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Norway
Top DestinationGermany$33.8B

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 2023, countries that imported more from Iran than Norway included Turkey ($2.18B), Pakistan ($943M), and China ($4.59B).

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

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

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 2023, Iran had a large net trade with Norway in the exports of Vegetable Products ($2.76M), Textiles ($801k), and Instruments ($420k).

During 2018, Norway had a large net trade with Iran in the exports of Animal Products ($986k), Machines ($176k), and Chemical Products ($57.5k).

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) (2023)

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