Italy / Norway

Italy-Norway Trade: In 2023, Italy exported $2.86B to Norway. The main products that Italy exported to Norway were Valves ($137M), Wine ($132M), and Iron Pipes ($122M). Over the past 5 years the exports of Italy to Norway have increased at an annualized rate of 1.18%, from $2.7B in 2018 to $2.86B in 2023.

In 2020, Italy exported services to Norway worth $158M, with Travel ($53.7M), Other business services ($47.5M), and Transportation ($29M) being the largest in terms of value.

Norway-Italy Trade: In 2023, Norway exported $5.25B to Italy. The main products that Norway exported to Italy were Petroleum Gas ($2.92B), Crude Petroleum ($740M), and Non-fillet Fresh Fish ($587M). Over the past 5 years the exports of Norway to Italy have increased at an annualized rate of 22%,  from $1.94B in 2018 to $5.25B in 2023.

In 2009, Norway exported services to Italy worth $480M, with Other business services ($157M), Transportation ($157M), and Financial services ($72.4M) being the largest in terms of value.

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).