2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 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
Flag
GDP PC
$32,963CURRENT US$
Rnk 42 / 196
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195

About

Norway-Brunei Trade: In 2023, Norway exported $5.54M to Brunei. The main products that Norway exported to Brunei were Non-fillet Fresh Fish ($1.01M), Rubber Pipes ($526k), and Non-fillet Frozen Fish ($431k). Over the past 5 years the exports of Norway to Brunei have increased at an annualized rate of 6.81%, from $3.99M in 2018 to $5.54M in 2023.

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

Brunei-Norway Trade: In 2023, Brunei exported $101k to Norway. The main products that Brunei exported to Norway were Navigation Equipment ($22k), Iron Pipe Fittings ($19.5k), and Excavation Machinery ($19.5k). Over the past 5 years the exports of Brunei to Norway have increased at an annualized rate of 12.4%,  from $56.2k in 2018 to $101k in 2023.

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

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). That same year, Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $5.54M to Brunei. The main products exported from Norway to Brunei were Non-fillet Fresh Fish ($1.01M), Rubber Pipes ($526k), and Non-fillet Frozen Fish ($431k). During the last 5 years the exports of Norway to Brunei have increased at an annualized rate of 6.81%, from $3.99M in 2018 to $5.54M in 2023.

In 2018, Brunei exported $101k to Norway. The main products exported from Brunei to Norway were Navigation Equipment ($22k), Iron Pipe Fittings ($19.5k), and Excavation Machinery ($19.5k). During the last 5 years the exports of Brunei to Norway have increased at an annualized rate of 12.4%, from $56.2k in 2023 to $101k in 2018.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Brunei
Top Destination
Australia$2.25B

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

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

In 2023, countries that imported more from Brunei than Norway included Australia ($2.25B), Singapore ($1.72B), and Japan ($1.86B).

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

Comparative Advantage Norway - Brunei

Flow
Scale

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

During 2023, Norway had a large net trade with Brunei in the exports of Machines ($1.48M), Animal Products ($1.44M), and Instruments ($883k).

During 2018, Brunei had a large net trade with Norway in the exports of Machines ($67.6k), Metals ($20.6k), and Instruments ($10.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Norway (Flag) and Brunei (Flag) (2023)

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