2022
Flag  
GDP
$22BCURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP GROWTH
-49.1%CURRENT US$
Rnk 185 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC 
$31,618CURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP PC GROWTH
-57.3%CURRENT US$
Rnk 184 / 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

Macau-Norway Trade: In 2022, Macau exported $1.13M to Norway. The main products that Macau exported to Norway were Iron Housewares ($503k), Electrical Transformers ($196k), and Leather Footwear ($164k). Over the past 5 years the exports of Macau to Norway have decreased at an annualized rate of 6.54%, from $1.58M in 2017 to $1.13M in 2022.

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

Norway-Macau Trade: In 2022, Norway exported $4.79M to Macau. The main products that Norway exported to Macau were Non-fillet Fresh Fish ($1.9M), Packaged Medicaments ($556k), and Trunks and Cases ($470k). Over the past 5 years the exports of Norway to Macau have decreased at an annualized rate of 7.37%,  from $9.54M in 2017 to $4.79M in 2022.

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

Comparison In 2022,  Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index. 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, Macau exported $1.13M to Norway. The main products exported from Macau to Norway were Iron Housewares ($503k), Electrical Transformers ($196k), and Leather Footwear ($164k). During the last 5 years the exports of Macau to Norway have decreased at an annualized rate of 6.54%, from $1.58M in 2017 to $1.13M in 2022.

In 2017, Norway exported $4.79M to Macau. The main products exported from Norway to Macau were Non-fillet Fresh Fish ($1.9M), Packaged Medicaments ($556k), and Trunks and Cases ($470k). During the last 5 years the exports of Norway to Macau have decreased at an annualized rate of 7.37%, from $9.54M in 2022 to $4.79M in 2017.

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

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

Latest Data

Trade between Macau (Flag) and Norway (Flag)

Macau Exports

Norway Exports

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.22B
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Macau than Norway included Hong Kong ($1.22B), Madagascar ($547k), and Timor-Leste ($181k).

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

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

Comparative Advantage Macau - Norway

Flow
Scale

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

During 2022, Macau had a large net trade with Norway in the exports of N/A.

During 2017, Norway had a large net trade with Macau in the exports of Animal Products ($2.48M), Chemical Products ($613k), and Animal Hides ($520k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Macau and Norway. This means that a dot/product with the flag of Macau indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Macau.

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

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