2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
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GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$396BCURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP GROWTH
37.3%CURRENT US$
Rnk 99 / 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
$3,457CURRENT US$
Rnk 139 / 196
2013-2023
Flag
GDP PC GROWTH
14.3%CURRENT US$
Rnk 121 / 195

About

Norway-Egypt Trade: In 2023, Norway exported $234M to Egypt. The main products that Norway exported to Egypt were Non-fillet Frozen Fish ($100M), Insulated Wire ($30.2M), and Ferroalloys ($18.1M). Over the past 5 years the exports of Norway to Egypt have decreased at an annualized rate of 16.3%, from $570M in 2018 to $234M in 2023.

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

Egypt-Norway Trade: In 2023, Egypt exported $45.6M to Norway. The main products that Egypt exported to Norway were Starch Residue ($15.8M), Cassava ($2.95M), and Ammonia ($2.94M). Over the past 5 years the exports of Egypt to Norway have increased at an annualized rate of 4.52%,  from $36.6M in 2018 to $45.6M in 2023.

In 2023, Egypt 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, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $234M to Egypt. The main products exported from Norway to Egypt were Non-fillet Frozen Fish ($100M), Insulated Wire ($30.2M), and Ferroalloys ($18.1M). During the last 5 years the exports of Norway to Egypt have decreased at an annualized rate of 16.3%, from $570M in 2018 to $234M in 2023.

In 2018, Egypt exported $45.6M to Norway. The main products exported from Egypt to Norway were Starch Residue ($15.8M), Cassava ($2.95M), and Ammonia ($2.94M). During the last 5 years the exports of Egypt to Norway have increased at an annualized rate of 4.52%, from $36.6M in 2023 to $45.6M in 2018.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Egypt
Top Destination
Saudi Arabia$5.31B

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

In 2023, countries that imported more from Egypt than Norway included Saudi Arabia ($5.31B), Turkey ($4.63B), and United Arab Emirates ($2.43B).

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

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 2023, Norway had a large net trade with Egypt in the exports of Animal Products ($102M), Machines ($42.1M), and Chemical Products ($36.1M).

During 2018, Egypt had a large net trade with Norway in the exports of Foodstuffs ($16.4M), Vegetable Products ($12M), and Textiles ($8.22M).

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) (2023)

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