Sign In
Pricing

2022
Flag → Flag
Exports $116MRnk 55 / 209
2022
Flag → Flag
Top Product $15MLiquid Pumps
2022
Flag → Flag
Exports $26MRnk 42 / 150
2022
Flag → Flag
Top Product $11.4MOther Sea Vessels
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH-39.6%CURRENT US$
Rnk 182 / 186

About

Norway-Angola Trade: In 2022, Norway exported $116M to Angola. The main products that Norway exported to Angola were Liquid Pumps ($15M), Valves ($13.8M), and Dried/Salted/Smoked/Brined Fish ($11.1M). Over the past 5 years the exports of Norway to Angola have decreased at an annualized rate of 8.86%, from $184M in 2017 to $116M in 2022.

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

Angola-Norway Trade: In 2022, Angola exported $26M to Norway. The main products that Angola exported to Norway were Other Sea Vessels ($11.4M), Tug Boats ($4.01M), and Machinery Having Individual Functions ($2.91M). Over the past 5 years the exports of Angola to Norway have decreased at an annualized rate of 11.3%,  from $47.5M in 2017 to $26M in 2022.

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

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Latest Trends

October, 2024

About

Overview In October 2024, Norway exported NOK289M and imported NOK20.9M from Angola, resulting in a positive trade balance of NOK269M. Between October 2023 and October 2024 the exports of Norway have increased by NOK59.7M (26%) from NOK230M to NOK289M, while imports increased by NOK19.2M (1.1k%) from NOK1.75M to NOK20.9M.

Trade In October 2024, the top exports of Norway to Angola were General industrial machinery and equipment, n.e.s.,... (NOK26M), Manufactures of metals, n.e.s. (NOK14.6M), Machinery specialized for particular industries (NOK5.77M), Professional, scientific and controlling instruments and... (NOK3.59M), and Electrical machinery, apparatus and appliances, n.e.s.,... (NOK3.42M). In October 2024 the top imports of Norway from Angola were General industrial machinery and equipment, n.e.s.,... (NOK334k), Machinery specialized for particular industries (NOK158k), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK4k), Articles of apparel and clothing accessories (NOK3k), and Professional, scientific and controlling instruments and... (NOK2k).

Growth In October 2024, the increase in Norway's year-by-year exports to Angola was explained primarily by an increase in product exports in General industrial machinery and equipment, n.e.s.,... (NOK20.1M or 344%), Manufactures of metals, n.e.s. (NOK13.1M or 832%), and Professional, scientific and controlling instruments and... (NOK2.07M or 136%). In October 2024, the increase in Norway's year-by-year imports  from Angola was explained primarily by an increase in product imports  in Articles of apparel and clothing accessories (NOK2k or 200%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)NOK59.7M(26%)
IMPORT GROWTH (October 2023 - October 2024)NOK19.2M(1.1k%)

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

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

For full datasets download visit Bulk Download page.

Explore Angola and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $116M to Angola. The main products exported from Norway to Angola were Liquid Pumps ($15M), Valves ($13.8M), and Dried/Salted/Smoked/Brined Fish ($11.1M). During the last 5 years the exports of Norway to Angola have decreased at an annualized rate of 8.86%, from $184M in 2017 to $116M in 2022.

In 2017, Angola exported $26M to Norway. The main products exported from Angola to Norway were Other Sea Vessels ($11.4M), Tug Boats ($4.01M), and Machinery Having Individual Functions ($2.91M). During the last 5 years the exports of Angola to Norway have decreased at an annualized rate of 11.3%, from $47.5M in 2022 to $26M in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Angola
Top DestinationChina$21.8B

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

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

In 2022, countries that imported more from Angola than Norway included China ($21.8B), India ($4.81B), and United Arab Emirates ($3.63B).

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

Comparative Advantage Norway - Angola

Flow
Scale

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

During 2022, Norway had a large net trade with Angola in the exports of Machines ($65.2M), Metals ($19.2M), and Instruments ($12.9M).

During 2017, Angola had a large net trade with Norway in the exports of Transportation ($15.5M), Machines ($7.59M), and Instruments ($1.73M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Angola+$478kComputers
Top Product Potential Angola Norway+$327kValves

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms