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Pricing

2022
Flag → Flag
Exports $3.79MRnk 130 / 209
2022
Flag → Flag
Top Product $872kMixed Mineral or Chemical Fertilizers
2022
Flag → Flag
Exports $13.4MRnk 37 / 158
2022
Flag → Flag
Top Product $8.1MCut Flowers
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
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Economic Complexity (ECI) ECI -0.72Rnk 98 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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 GDP$127BCURRENT US$
Rnk 60 / 186
2012-2022
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GDP GROWTH193%CURRENT US$
Rnk 3 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
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GDP PC$1,028CURRENT US$
Rnk 168 / 186
2012-2022
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GDP PC GROWTH124%CURRENT US$
Rnk 4 / 186

About

Norway-Ethiopia Trade: In 2022, Norway exported $3.79M to Ethiopia. The main products that Norway exported to Ethiopia were Mixed Mineral or Chemical Fertilizers ($872k), Nitrogenous Fertilizers ($649k), and Special Pharmaceuticals ($235k). Over the past 5 years the exports of Norway to Ethiopia have decreased at an annualized rate of 4.24%, from $4.71M in 2017 to $3.79M in 2022.

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

Ethiopia-Norway Trade: In 2022, Ethiopia exported $13.4M to Norway. The main products that Ethiopia exported to Norway were Cut Flowers ($8.1M), Coffee ($1.95M), and Baked Goods ($1.52M). Over the past 5 years the exports of Ethiopia to Norway have increased at an annualized rate of 2.01%,  from $12.1M in 2017 to $13.4M in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Latest Trends

July, 2024

About

Overview In July 2024, Norway exported NOK1.44M and imported NOK18.9M from Ethiopia, resulting in a negative trade balance of NOK17.4M. Between July 2023 and July 2024 the exports of Norway have decreased by NOK-1.32M (-47.8%) from NOK2.76M to NOK1.44M, while imports increased by NOK6.32M (50.3%) from NOK12.6M to NOK18.9M.

Trade In July 2024, the top exports of Norway to Ethiopia were Other transport equipment (NOK3.47M), Special transactions and commodities not classified... (NOK2.43M), Office machines and automatic data-processing machines (NOK305k), Articles of apparel and clothing accessories (NOK6k), and Live animals other than animals of... (NOK0). In July 2024 the top imports of Norway from Ethiopia were Crude animal and vegetable materials, n.e.s. (NOK7.49M), Cereals and cereal preparations (NOK1.34M), Sugars, sugar preparations and honey (NOK1.13M), Coffee, tea, cocoa, spices, and manufactures... (NOK1.05M), and Vegetables and fruit (NOK317k).

Growth In July 2024, the decrease in Norway's year-by-year exports to Ethiopia was explained primarily by an decrease in product exports in Professional, scientific and controlling instruments and... (NOK-67k or -100%), Photographic apparatus, equipment and supplies and... (NOK-33k or -100%), and Manufactures of metals, n.e.s. (NOK-29k or -100%). In July 2024, the increase in Norway's year-by-year imports  from Ethiopia was explained primarily by an increase in product imports  in Sugars, sugar preparations and honey (NOK974k or 637%), Coffee, tea, cocoa, spices, and manufactures... (NOK737k or 234%), and Cereals and cereal preparations (NOK210k or 18.6%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)NOK-1.32M(-47.8%)
IMPORT GROWTH (July 2023 - July 2024)NOK6.32M(50.3%)

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

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $3.79M to Ethiopia. The main products exported from Norway to Ethiopia were Mixed Mineral or Chemical Fertilizers ($872k), Nitrogenous Fertilizers ($649k), and Special Pharmaceuticals ($235k). During the last 5 years the exports of Norway to Ethiopia have decreased at an annualized rate of 4.24%, from $4.71M in 2017 to $3.79M in 2022.

In 2017, Ethiopia exported $13.4M to Norway. The main products exported from Ethiopia to Norway were Cut Flowers ($8.1M), Coffee ($1.95M), and Baked Goods ($1.52M). During the last 5 years the exports of Ethiopia to Norway have increased at an annualized rate of 2.01%, from $12.1M in 2022 to $13.4M in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Ethiopia than Norway included United Arab Emirates ($723M), Somalia ($265M), and Saudi Arabia ($268M).

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

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 2022, Norway had a large net trade with Ethiopia in the exports of Chemical Products ($2.07M), Foodstuffs ($405k), and Metals ($265k).

During 2017, Ethiopia had a large net trade with Norway in the exports of Vegetable Products ($11.1M), Foodstuffs ($1.55M), and Animal Products ($303k).

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) (2022)

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