2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 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

Netherlands-Norway Trade: In 2022, Netherlands exported $5.88B to Norway. The main products that Netherlands exported to Norway were Refined Petroleum ($1.29B), Industrial Fatty Acids, Oils and Alcohols ($171M), and Broadcasting Equipment ($143M). Over the past 5 years the exports of Netherlands to Norway have increased at an annualized rate of 6.98%, from $4.2B in 2017 to $5.88B in 2022.

In 2020, Netherlands exported services to Norway worth $1.63B, with Transportation ($562M), Other business services ($477M), and Royalties and license fees ($391M) being the largest in terms of value.

Norway-Netherlands Trade: In 2022, Norway exported $16.3B to Netherlands. The main products that Norway exported to Netherlands were Crude Petroleum ($9.73B), Raw Aluminium ($944M), and Non-fillet Fresh Fish ($802M). Over the past 5 years the exports of Norway to Netherlands have increased at an annualized rate of 11.1%,  from $9.63B in 2017 to $16.3B in 2022.

In 2009, Norway exported services to Netherlands worth $1.22B, with Other business services ($427M), Transportation ($347M), and Travel ($276M) being the largest in terms of value.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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, Netherlands exported $5.88B to Norway. The main products exported from Netherlands to Norway were Refined Petroleum ($1.29B), Industrial Fatty Acids, Oils and Alcohols ($171M), and Broadcasting Equipment ($143M). During the last 5 years the exports of Netherlands to Norway have increased at an annualized rate of 6.98%, from $4.2B in 2017 to $5.88B in 2022.

In 2017, Norway exported $16.3B to Netherlands. The main products exported from Norway to Netherlands were Crude Petroleum ($9.73B), Raw Aluminium ($944M), and Non-fillet Fresh Fish ($802M). During the last 5 years the exports of Norway to Netherlands have increased at an annualized rate of 11.1%, from $9.63B in 2022 to $16.3B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Netherlands than Norway included Belgium ($94.3B), Germany ($131B), and France ($59.9B).

In 2022, countries that imported more from Norway than Netherlands included United Kingdom ($59.1B), Finland ($6.36B), and Bermuda ($310M).

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

Comparative Advantage Netherlands - Norway

Flow
Scale

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

During 2022, Netherlands had a large net trade with Norway in the exports of Mineral Products ($1.53B), Machines ($951M), and Chemical Products ($824M).

During 2017, Norway had a large net trade with Netherlands in the exports of Mineral Products ($11.6B), Metals ($2.37B), and Animal Products ($960M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Norway+$45.6MCars
Top Product Potential Norway Netherlands+$1.17BPetroleum Gas

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 Netherlands and Norway. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Netherlands.

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

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