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2023
Flag → Flag
Exports $1.65BRnk 41 / 211
2023
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Top Product $656MCars
2023
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Exports $1.42BRnk 16 / 205
2023
Flag → Flag
Top Product $564MFish Fillets
2023
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
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GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
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GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$87,925CURRENT US$
Rnk 7 / 196
2013-2023
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GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195

About

Japan-Norway Trade: In 2023, Japan exported $1.65B to Norway. The main products that Japan exported to Norway were Cars ($656M), Iron Pipes ($196M), and Large Construction Vehicles ($82M). Over the past 5 years the exports of Japan to Norway have increased at an annualized rate of 0.6%, from $1.6B in 2018 to $1.65B in 2023.

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

Norway-Japan Trade: In 2023, Norway exported $1.42B to Japan. The main products that Norway exported to Japan were Fish Fillets ($564M), Non-fillet Frozen Fish ($199M), and Non-fillet Fresh Fish ($92.9M). Over the past 5 years the exports of Norway to Japan have decreased at an annualized rate of 5.85%,  from $1.93B in 2018 to $1.42B in 2023.

In 2010, Norway exported services to Japan worth $999M, with Services not allocated ($498M), Transportation ($192M), and Other business services ($186M) being the largest in terms of value.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥12.2B and imported ¥16.7B from Norway, resulting in a negative trade balance of ¥4.5B. Between November 2023 and November 2024 the exports of Japan have increased by ¥2.81B (29.9%) from ¥9.38B to ¥12.2B, while imports decreased by ¥-2.37B (-12.4%) from ¥19.1B to ¥16.7B.

Trade In November 2024, the top exports of Japan to Norway were Cars (¥4.86B), Passenger and Cargo Ships (¥4.53B), Iron Pipes (¥1.92B), Halogens (¥451M), and Large Construction Vehicles (¥378M). In November 2024 the top imports of Japan from Norway were Fish Fillets (¥8.05B), Non-fillet Frozen Fish (¥3.54B), Raw Nickel (¥1.43B), Non-fillet Fresh Fish (¥1.07B), and Other inorganic compounds (¥411M).

Origins In November 2024 the exports of Japan were mainly from Aichi (¥6.02B), Wakayama (¥2.94B), Kanagawa (¥787M), Yamaguchi (¥562M), and Hiroshima (¥501M), while imports destinations were mainly Tokyo (¥5.08B), Osaka (¥2.97B), Chiba (¥1.78B), Hyōgo (¥1.72B), and Kanagawa (¥1.69B).

Growth In November 2024, the increase in Japan's year-by-year exports to Norway was explained primarily by an increase in product exports in Cars (¥3.05B or 168%), Iron Pipes (¥400M or 26.4%), and Rubber Tires (¥219M or 230%). In November 2024, the decrease in Japan's year-by-year imports  from Norway was explained primarily by an decrease in product imports  in Unpackaged Medicaments (¥-580M or -81.1%), Platinum (¥-495M or -69.7%), and Non-fillet Fresh Fish (¥-185M or -14.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥2.81B(29.9%)
IMPORT GROWTH (November 2023 - November 2024)¥-2.37B(-12.4%)
MAIN EXPORTER (November 2024)Aichi¥6.02B

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

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

For full datasets download visit Bulk Download page.

Explore Norway and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $1.65B to Norway. The main products exported from Japan to Norway were Cars ($656M), Iron Pipes ($196M), and Large Construction Vehicles ($82M). During the last 5 years the exports of Japan to Norway have increased at an annualized rate of 0.6%, from $1.6B in 2018 to $1.65B in 2023.

In 2018, Norway exported $1.42B to Japan. The main products exported from Norway to Japan were Fish Fillets ($564M), Non-fillet Frozen Fish ($199M), and Non-fillet Fresh Fish ($92.9M). During the last 5 years the exports of Norway to Japan have decreased at an annualized rate of 5.85%, from $1.93B in 2023 to $1.42B in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from Japan than Norway included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Norway than Japan included United Kingdom ($32.6B), Sweden ($15.9B), and Denmark ($12.7B).

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

Comparative Advantage Japan - Norway

Flow
Scale

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

During 2023, Japan had a large net trade with Norway in the exports of Transportation ($789M), Machines ($334M), and Metals ($255M).

During 2018, Norway had a large net trade with Japan in the exports of Animal Products ($870M), Chemical Products ($178M), and Metals ($128M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Norway+$166MCars
Top Product Potential Norway Japan+$38.4MRefined 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 Japan and Norway. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Japan.

Product Space of Japan (Flag) and Norway (Flag) (2023)

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