2023
Flag  
GDP
$42.3BCURRENT US$
Rnk 99 / 195
2013-2023
Flag
GDP GROWTH
114%CURRENT US$
Rnk 10 / 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 
$2,430CURRENT US$
Rnk 150 / 195
2013-2023
Flag
GDP PC GROWTH
86.1%CURRENT US$
Rnk 13 / 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

Cambodia-Norway Trade: In 2023, Cambodia exported $83.1M to Norway. The main products that Cambodia exported to Norway were Knit Sweaters ($12.5M), Knit Women's Suits ($8.37M), and Textile Footwear ($8.19M). Over the past 5 years the exports of Cambodia to Norway have increased at an annualized rate of 3.06%, from $71.5M in 2018 to $83.1M in 2023.

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

Norway-Cambodia Trade: In 2023, Norway exported $770k to Cambodia. The main products that Norway exported to Cambodia were Baked Goods ($300k), Kaolin Coated Paper ($97.3k), and Machinery Having Individual Functions ($56.4k). Over the past 5 years the exports of Norway to Cambodia have decreased at an annualized rate of 5.02%,  from $997k in 2018 to $770k in 2023.

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

Comparison: In 2023,  Cambodia ranked 95 in the Economic Complexity Index (ECI -0.66), and 68 in total exports ($34.3B). 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, Cambodia exported $83.1M to Norway. The main products exported from Cambodia to Norway were Knit Sweaters ($12.5M), Knit Women's Suits ($8.37M), and Textile Footwear ($8.19M). During the last 5 years the exports of Cambodia to Norway have increased at an annualized rate of 3.06%, from $71.5M in 2018 to $83.1M in 2023.

In 2018, Norway exported $770k to Cambodia. The main products exported from Norway to Cambodia were Baked Goods ($300k), Kaolin Coated Paper ($97.3k), and Machinery Having Individual Functions ($56.4k). During the last 5 years the exports of Norway to Cambodia have decreased at an annualized rate of 5.02%, from $997k in 2023 to $770k in 2018.

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

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

Latest Data

Trade between Cambodia (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Cambodia
Top Destination
United States$12.2B
Norway
Top Destination
Germany$33.8B

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

In 2023, countries that imported more from Cambodia than Norway included United States ($12.2B), Vietnam ($1.55B), and Thailand ($1.6B).

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

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

Comparative Advantage Cambodia - Norway

Flow
Scale

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

During 2023, Cambodia had a large net trade with Norway in the exports of Textiles ($52.4M), Footwear and Headwear ($20.2M), and Vegetable Products ($3.6M).

During 2018, Norway had a large net trade with Cambodia in the exports of Foodstuffs ($314k), Instruments ($138k), and Paper Goods ($97.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cambodia Norway+$6.79MKnit Sweaters
Top Product Potential Norway Cambodia+$436kNon-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 Cambodia and Norway. This means that a dot/product with the flag of Cambodia indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Cambodia.

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

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