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2023
Flag → Flag
Exports $35.8MRnk 76 / 205
2023
Flag → Flag
Top Product $12.4MNon-fillet Fresh Fish
2023
Flag → Flag
Exports $151MRnk 11 / 123
2023
Flag → Flag
Top Product $131MRapeseed Oil
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
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GDP PC$7,829CURRENT US$
Rnk 98 / 196
2013-2023
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GDP PC GROWTH-2.11%CURRENT US$
Rnk 156 / 195

About

Norway-Belarus Trade: In 2023, Norway exported $35.8M to Belarus. The main products that Norway exported to Belarus were Non-fillet Fresh Fish ($12.4M), Fish Fillets ($10.9M), and Non-fillet Frozen Fish ($9.47M). Over the past 5 years the exports of Norway to Belarus have decreased at an annualized rate of 25.6%, from $157M in 2018 to $35.8M in 2023.

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

Belarus-Norway Trade: In 2023, Belarus exported $151M to Norway. The main products that Belarus exported to Norway were Rapeseed Oil ($131M), Other Pure Vegetable Oils ($9.77M), and Molasses ($5.55M). Over the past 5 years the exports of Belarus to Norway have increased at an annualized rate of 0.0079%,  from $151M in 2018 to $151M in 2023.

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 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK43.3M and imported NOK232M from Belarus, resulting in a negative trade balance of NOK189M. Between December 2023 and December 2024 the exports of Norway have increased by NOK24.3M (127%) from NOK19.1M to NOK43.3M, while imports increased by NOK154M (196%) from NOK78.3M to NOK232M.

Trade In December 2024, the top exports of Norway to Belarus were Fish (not marine mammals), crustaceans, molluscs... (NOK20M), Road vehicles (including air-cushion vehicles) (NOK246k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0). In December 2024 the top imports of Norway from Belarus were Fixed vegetable fats and oils, crude,... (NOK92.2M), Sugars, sugar preparations and honey (NOK5.95M), Manufactures of metals, n.e.s. (NOK317k), Office machines and automatic data-processing machines (NOK141k), and Professional, scientific and controlling instruments and... (NOK91k).

Growth In December 2024, the increase in Norway's year-by-year exports to Belarus was explained primarily by an increase in product exports in . In December 2024, the increase in Norway's year-by-year imports  from Belarus was explained primarily by an increase in product imports  in Office machines and automatic data-processing machines (NOK81k or 135%), Professional, scientific and controlling instruments and... (NOK81k or 810%), and Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK2k or 25%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK24.3M(127%)
IMPORT GROWTH (December 2023 - December 2024)NOK154M(196%)

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 2023, Norway exported $35.8M to Belarus. The main products exported from Norway to Belarus were Non-fillet Fresh Fish ($12.4M), Fish Fillets ($10.9M), and Non-fillet Frozen Fish ($9.47M). During the last 5 years the exports of Norway to Belarus have decreased at an annualized rate of 25.6%, from $157M in 2018 to $35.8M in 2023.

In 2018, Belarus exported $151M to Norway. The main products exported from Belarus to Norway were Rapeseed Oil ($131M), Other Pure Vegetable Oils ($9.77M), and Molasses ($5.55M). During the last 5 years the exports of Belarus to Norway have increased at an annualized rate of 0.0079%, from $151M in 2023 to $151M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Belarus
Top DestinationChina$2.6B

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

In 2023, countries that imported more from Belarus than Norway included Kazakhstan ($757M), Uzbekistan ($509M), and Azerbaijan ($325M).

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

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 2023, Norway had a large net trade with Belarus in the exports of Animal Products ($32.8M), Transportation ($2.17M), and Chemical Products ($352k).

During 2018, Belarus had a large net trade with Norway in the exports of Animal and Vegetable Bi-Products ($141M), Foodstuffs ($9.55M), and Metals ($323k).

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) (2023)

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