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Pricing

2022
Flag → Flag
Exports $30.2MRnk 86 / 209
2022
Flag → Flag
Top Product $10.3MNon-fillet Fresh Fish
2022
Flag → Flag
Exports $217MRnk 13 / 125
2022
Flag → Flag
Top Product $199MRapeseed Oil
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.82Rnk 32 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 144 / 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$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186

About

Norway-Belarus Trade: In 2022, Norway exported $30.2M to Belarus. The main products that Norway exported to Belarus were Non-fillet Fresh Fish ($10.3M), Non-fillet Frozen Fish ($9.57M), and Fish Fillets ($8.71M). Over the past 5 years the exports of Norway to Belarus have decreased at an annualized rate of 28.2%, from $158M in 2017 to $30.2M in 2022.

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

Belarus-Norway In N/A, Belarus did not export any products to Norway.

In 2014, Belarus exported services to Norway worth $2.55M, with Computer and information services ($2.53M), Royalties and license fees ($9.8k), and Government services, n.i.e. ($3.5k) being the largest in terms of value.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Latest Trends

October, 2024

About

Overview In October 2024, Norway exported NOK24.3M and imported NOK227M from Belarus, resulting in a negative trade balance of NOK202M. Between October 2023 and October 2024 the exports of Norway have decreased by NOK-26.8M (-52.4%) from NOK51.2M to NOK24.3M, while imports decreased by NOK-25.9M (-10.3%) from NOK252M to NOK227M.

Trade In October 2024, the top exports of Norway to Belarus were Fish (not marine mammals), crustaceans, molluscs... (NOK31.6M), Road vehicles (including air-cushion vehicles) (NOK1.53M), Inorganic chemicals (NOK126k), Live animals other than animals of... (NOK0), and Meat and meat preparations (NOK0). In October 2024 the top imports of Norway from Belarus were Sugars, sugar preparations and honey (NOK9.86M), Manufactures of metals, n.e.s. (NOK379k), Articles of apparel and clothing accessories (NOK184k), Rubber manufactures, n.e.s. (NOK145k), and Office machines and automatic data-processing machines (NOK60k).

Growth In October 2024, the decrease in Norway's year-by-year exports to Belarus was explained primarily by an decrease in product exports in Fish (not marine mammals), crustaceans, molluscs... (NOK-21.2M or -40.1%), Dyeing, tanning and colouring materials (NOK-2.15M or -100%), and Electrical machinery, apparatus and appliances, n.e.s.,... (NOK-986k or -100%). In October 2024, the decrease in Norway's year-by-year imports  from Belarus was explained primarily by an decrease in product imports  in Fixed vegetable fats and oils, crude,... (NOK-65.7M or -100%), Chemical materials and products, n.e.s. (NOK-26.2M or -100%), and Iron and steel (NOK-11.4M or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)NOK-26.8M(-52.4%)
IMPORT GROWTH (October 2023 - October 2024)NOK-25.9M(-10.3%)

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 Belarus and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Belarus and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $30.2M to Belarus. The main products exported from Norway to Belarus were Non-fillet Fresh Fish ($10.3M), Non-fillet Frozen Fish ($9.57M), and Fish Fillets ($8.71M). During the last 5 years the exports of Norway to Belarus have decreased at an annualized rate of 28.2%, from $158M in 2017 to $30.2M in 2022.

Belarus does not register exports to Norway. The main products exported from Belarus to Norway were Rapeseed Oil ($199M), Molasses ($4.34M), and Wheat Gluten ($2.46M).

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Belarus
Top DestinationChina$1.6B

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

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

In 2022, countries that imported more from Belarus than Norway included Ukraine ($1.29B), Kazakhstan ($827M), and Uzbekistan ($386M).

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

Comparative Advantage Norway - Belarus

Flow
Scale

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

During 2022, Norway had a large net trade with Belarus in the exports of Animal Products ($28.5M), Transportation ($1.18M), and Machines ($250k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Belarus+$3.67MNon-fillet Fresh Fish
Top Product Potential Belarus Norway+$1.34MSeats

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

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

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