2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$477BCURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP GROWTH
70.8%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$4,295CURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP PC GROWTH
40.4%CURRENT US$
Rnk 48 / 186

About

Norway-Egypt Trade: In 2022, Norway exported $404M to Egypt. The main products that Norway exported to Egypt were Non-fillet Frozen Fish ($111M), Insulated Wire ($94.8M), and Iron Ore ($34.6M). Over the past 5 years the exports of Norway to Egypt have increased at an annualized rate of 2.77%, from $353M in 2017 to $404M in 2022.

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

Egypt-Norway Trade: In 2022, Egypt exported $30.2M to Norway. The main products that Egypt exported to Norway were Quartz ($5.57M), Cassava ($2.6M), and Grapes ($1.86M). Over the past 5 years the exports of Egypt to Norway have decreased at an annualized rate of 4.49%,  from $38M in 2017 to $30.2M in 2022.

In 2022, Egypt 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, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $404M to Egypt. The main products exported from Norway to Egypt were Non-fillet Frozen Fish ($111M), Insulated Wire ($94.8M), and Iron Ore ($34.6M). During the last 5 years the exports of Norway to Egypt have increased at an annualized rate of 2.77%, from $353M in 2017 to $404M in 2022.

In 2017, Egypt exported $30.2M to Norway. The main products exported from Egypt to Norway were Quartz ($5.57M), Cassava ($2.6M), and Grapes ($1.86M). During the last 5 years the exports of Egypt to Norway have decreased at an annualized rate of 4.49%, from $38M in 2022 to $30.2M in 2017.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Egypt
Top Destination
Turkey$4.23B

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

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

In 2022, countries that imported more from Egypt than Norway included Turkey ($4.23B), Saudi Arabia ($2.35B), and United Arab Emirates ($2.36B).

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

Comparative Advantage Norway - Egypt

Flow
Scale

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

During 2022, Norway had a large net trade with Egypt in the exports of Machines ($128M), Animal Products ($115M), and Mineral Products ($53.7M).

During 2017, Egypt had a large net trade with Norway in the exports of Vegetable Products ($9.11M), Textiles ($6.34M), and Mineral Products ($5.76M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Egypt+$44.2MPetroleum Gas
Top Product Potential Egypt Norway+$2.42MVideo Displays

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

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

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