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2023
Flag → Flag
Exports $18.8MRnk 91 / 205
2023
Flag → Flag
Top Product $7.15MNon-fillet Frozen Fish
2023
Flag → Flag
Exports $5.09MRnk 56 / 158
2023
Flag → Flag
Top Product $1.62MKnit T-shirts
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.13Rnk 55 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH75.7%CURRENT US$
Rnk 33 / 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$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH75.8%CURRENT US$
Rnk 19 / 195

About

Norway-Georgia Trade: In 2023, Norway exported $18.8M to Georgia. The main products that Norway exported to Georgia were Non-fillet Frozen Fish ($7.15M), Non-fillet Fresh Fish ($4.83M), and Fish Fillets ($1.93M). Over the past 5 years the exports of Norway to Georgia have increased at an annualized rate of 19.3%, from $7.77M in 2018 to $18.8M in 2023.

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

Georgia-Norway Trade: In 2023, Georgia exported $5.09M to Norway. The main products that Georgia exported to Norway were Knit T-shirts ($1.62M), Knit Women's Suits ($745k), and Ferroalloys ($508k). Over the past 5 years the exports of Georgia to Norway have increased at an annualized rate of 24.7%,  from $1.69M in 2018 to $5.09M in 2023.

In 2023, Georgia 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, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Latest Trends

January, 2025

About

Overview In January 2025, Norway exported NOK21.3M and imported NOK6.91M from Georgia, resulting in a positive trade balance of NOK14.3M. Between January 2024 and January 2025 the exports of Norway have increased by NOK11.4M (116%) from NOK9.82M to NOK21.3M, while imports increased by NOK2.6M (60.4%) from NOK4.31M to NOK6.91M.

Trade In January 2025, the top exports of Norway to Georgia were Fish (not marine mammals), crustaceans, molluscs... (NOK9.4M), Chemical materials and products, n.e.s. (NOK287k), Road vehicles (including air-cushion vehicles) (NOK94k), Telecommunications and sound-recording and reproducing apparatus... (NOK19k), and Professional, scientific and controlling instruments and... (NOK9k). In January 2025 the top imports of Norway from Georgia were Articles of apparel and clothing accessories (NOK2.29M), Beverages (NOK1.24M), Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK559k), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK90k), and Medicinal and pharmaceutical products (NOK42k).

Growth In January 2025, the increase in Norway's year-by-year exports to Georgia was explained primarily by an increase in product exports in . In January 2025, the increase in Norway's year-by-year imports  from Georgia was explained primarily by an increase in product imports  in Beverages (NOK851k or 222%) and Manufactures of metals, n.e.s. (NOK7k or 87.5%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (January 2024 - January 2025)NOK11.4M(116%)
IMPORT GROWTH (January 2024 - January 2025)NOK2.6M(60.4%)

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 Georgia and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and Norway Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $18.8M to Georgia. The main products exported from Norway to Georgia were Non-fillet Frozen Fish ($7.15M), Non-fillet Fresh Fish ($4.83M), and Fish Fillets ($1.93M). During the last 5 years the exports of Norway to Georgia have increased at an annualized rate of 19.3%, from $7.77M in 2018 to $18.8M in 2023.

In 2018, Georgia exported $5.09M to Norway. The main products exported from Georgia to Norway were Knit T-shirts ($1.62M), Knit Women's Suits ($745k), and Ferroalloys ($508k). During the last 5 years the exports of Georgia to Norway have increased at an annualized rate of 24.7%, from $1.69M in 2023 to $5.09M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Georgia
Top DestinationAzerbaijan$828M

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

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

In 2023, countries that imported more from Georgia than Norway included Azerbaijan ($828M), Armenia ($712M), and Kyrgyzstan ($519M).

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

Comparative Advantage Norway - Georgia

Flow
Scale

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

During 2023, Norway had a large net trade with Georgia in the exports of Animal Products ($14.9M), Chemical Products ($1.45M), and Transportation ($882k).

During 2018, Georgia had a large net trade with Norway in the exports of Textiles ($3.62M), Metals ($527k), and Foodstuffs ($475k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Georgia+$718kNon-fillet Fresh Fish
Top Product Potential Georgia Norway+$873kKnit T-shirts

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

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

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