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2023
Flag → Flag
Exports $5.3MRnk 122 / 205
2023
Flag → Flag
Top Product $1.34MInterchangeable Tool Parts
2023
Flag → Flag
Exports $13.6MRnk 36 / 161
2023
Flag → Flag
Top Product $9.35MCut Flowers
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 101 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH244%CURRENT US$
Rnk 2 / 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$1,272CURRENT US$
Rnk 172 / 196
2013-2023
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GDP PC GROWTH163%CURRENT US$
Rnk 3 / 195

About

Norway-Ethiopia Trade: In 2023, Norway exported $5.3M to Ethiopia. The main products that Norway exported to Ethiopia were Interchangeable Tool Parts ($1.34M), Railway Cargo Containers ($519k), and Baked Goods ($402k). Over the past 5 years the exports of Norway to Ethiopia have decreased at an annualized rate of 2.8%, from $6.1M in 2018 to $5.3M in 2023.

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

Ethiopia-Norway Trade: In 2023, Ethiopia exported $13.6M to Norway. The main products that Ethiopia exported to Norway were Cut Flowers ($9.35M), Baked Goods ($1.65M), and Coffee ($1.09M). Over the past 5 years the exports of Ethiopia to Norway have increased at an annualized rate of 0.47%,  from $13.3M in 2018 to $13.6M in 2023.

In 2023, Ethiopia 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, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK7.35M and imported NOK12M from Ethiopia, resulting in a negative trade balance of NOK4.68M. Between December 2023 and December 2024 the exports of Norway have increased by NOK1.32M (21.8%) from NOK6.03M to NOK7.35M, while imports increased by NOK1.57M (15%) from NOK10.5M to NOK12M.

Trade In December 2024, the top exports of Norway to Ethiopia were Special transactions and commodities not classified... (NOK2.21M), Dyeing, tanning and colouring materials (NOK732k), General industrial machinery and equipment, n.e.s.,... (NOK211k), Manufactures of metals, n.e.s. (NOK127k), and Fish (not marine mammals), crustaceans, molluscs... (NOK121k). In December 2024 the top imports of Norway from Ethiopia were Crude animal and vegetable materials, n.e.s. (NOK8.56M), Cereals and cereal preparations (NOK1.56M), Coffee, tea, cocoa, spices, and manufactures... (NOK1.43M), Vegetables and fruit (NOK388k), and Sugars, sugar preparations and honey (NOK82k).

Growth In December 2024, the increase in Norway's year-by-year exports to Ethiopia was explained primarily by an increase in product exports in Articles of apparel and clothing accessories (NOK10k or 167%). In December 2024, the increase in Norway's year-by-year imports  from Ethiopia was explained primarily by an increase in product imports  in Crude animal and vegetable materials, n.e.s. (NOK1.07M or 14.2%), Coffee, tea, cocoa, spices, and manufactures... (NOK377k or 35.8%), and Cereals and cereal preparations (NOK223k or 16.6%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK1.32M(21.8%)
IMPORT GROWTH (December 2023 - December 2024)NOK1.57M(15%)

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 Ethiopia and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ethiopia and Norway Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $5.3M to Ethiopia. The main products exported from Norway to Ethiopia were Interchangeable Tool Parts ($1.34M), Railway Cargo Containers ($519k), and Baked Goods ($402k). During the last 5 years the exports of Norway to Ethiopia have decreased at an annualized rate of 2.8%, from $6.1M in 2018 to $5.3M in 2023.

In 2018, Ethiopia exported $13.6M to Norway. The main products exported from Ethiopia to Norway were Cut Flowers ($9.35M), Baked Goods ($1.65M), and Coffee ($1.09M). During the last 5 years the exports of Ethiopia to Norway have increased at an annualized rate of 0.47%, from $13.3M in 2023 to $13.6M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Ethiopia
Top DestinationUnited States$487M

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

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

In 2023, countries that imported more from Ethiopia than Norway included Djibouti ($155M), Somalia ($142M), and Kenya ($109M).

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

Comparative Advantage Norway - Ethiopia

Flow
Scale

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

During 2023, Norway had a large net trade with Ethiopia in the exports of Metals ($1.54M), Chemical Products ($1.08M), and Transportation ($925k).

During 2018, Ethiopia had a large net trade with Norway in the exports of Vegetable Products ($11.4M), Foodstuffs ($1.67M), and Animal Products ($245k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Ethiopia+$1.43MMixed Mineral or Chemical Fertilizers
Top Product Potential Ethiopia Norway+$3.83MCoffee

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

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

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