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2023
Flag → Flag
Exports $27.7MRnk 84 / 205
2023
Flag → Flag
Top Product $10.6MMixed Mineral or Chemical Fertilizers
2023
Flag → Flag
Exports $30.3MRnk 66 / 174
2023
Flag → Flag
Top Product $22.3MBananas
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 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$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

Norway-Ecuador Trade: In 2023, Norway exported $27.7M to Ecuador. The main products that Norway exported to Ecuador were Mixed Mineral or Chemical Fertilizers ($10.6M), Animal Meal and Pellets ($8.86M), and Other Vegetable Oils ($2.67M). Over the past 5 years the exports of Norway to Ecuador have increased at an annualized rate of 21.9%, from $10.3M in 2018 to $27.7M in 2023.

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

Ecuador-Norway Trade: In 2023, Ecuador exported $30.3M to Norway. The main products that Ecuador exported to Norway were Bananas ($22.3M), Animal Food ($2.06M), and Lifting Machinery ($1.06M). Over the past 5 years the exports of Ecuador to Norway have increased at an annualized rate of 2.33%,  from $27M in 2018 to $30.3M in 2023.

In 2023, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Latest Trends

January, 2025

About

Overview In January 2025, Norway exported NOK32.8M and imported NOK41.5M from Ecuador, resulting in a negative trade balance of NOK8.66M. Between January 2024 and January 2025 the exports of Norway have increased by NOK22M (203%) from NOK10.8M to NOK32.8M, while imports increased by NOK11.4M (37.8%) from NOK30.1M to NOK41.5M.

Trade In January 2025, the top exports of Norway to Ecuador were Chemical materials and products, n.e.s. (NOK8.27M), General industrial machinery and equipment, n.e.s.,... (NOK1.22M), Dyeing, tanning and colouring materials (NOK601k), Plastics in primary forms (NOK500k), and Manufactures of metals, n.e.s. (NOK70k). In January 2025 the top imports of Norway from Ecuador were Vegetables and fruit (NOK28.6M), Chemical materials and products, n.e.s. (NOK753k), Fish (not marine mammals), crustaceans, molluscs... (NOK216k), Rubber manufactures, n.e.s. (NOK130k), and Miscellaneous manufactured articles, n.e.s. (NOK94k).

Growth In January 2025, the increase in Norway's year-by-year exports to Ecuador was explained primarily by an increase in product exports in General industrial machinery and equipment, n.e.s.,... (NOK1.05M or 617%) and Telecommunications and sound-recording and reproducing apparatus... (NOK40k or 364%). In January 2025, the increase in Norway's year-by-year imports  from Ecuador was explained primarily by an increase in product imports  in Vegetables and fruit (NOK3.01M or 11.7%), Chemical materials and products, n.e.s. (NOK750k or 25k%), and Fish (not marine mammals), crustaceans, molluscs... (NOK121k or 127%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (January 2024 - January 2025)NOK22M(203%)
IMPORT GROWTH (January 2024 - January 2025)NOK11.4M(37.8%)

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 Ecuador and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ecuador and Norway Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $27.7M to Ecuador. The main products exported from Norway to Ecuador were Mixed Mineral or Chemical Fertilizers ($10.6M), Animal Meal and Pellets ($8.86M), and Other Vegetable Oils ($2.67M). During the last 5 years the exports of Norway to Ecuador have increased at an annualized rate of 21.9%, from $10.3M in 2018 to $27.7M in 2023.

In 2018, Ecuador exported $30.3M to Norway. The main products exported from Ecuador to Norway were Bananas ($22.3M), Animal Food ($2.06M), and Lifting Machinery ($1.06M). During the last 5 years the exports of Ecuador to Norway have increased at an annualized rate of 2.33%, from $27M in 2023 to $30.3M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Ecuador
Top DestinationUnited States$8.34B

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

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

In 2023, countries that imported more from Ecuador than Norway included Panama ($4.38B), China ($7.96B), and United States ($8.34B).

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

Comparative Advantage Norway - Ecuador

Flow
Scale

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

During 2023, Norway had a large net trade with Ecuador in the exports of Chemical Products ($12.2M), Foodstuffs ($9.55M), and Animal and Vegetable Bi-Products ($2.73M).

During 2018, Ecuador had a large net trade with Norway in the exports of Vegetable Products ($23.8M), Foodstuffs ($2.38M), and Machines ($2.15M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Ecuador+$328kElectrical Control Boards
Top Product Potential Ecuador Norway+$952kCrustaceans

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

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

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