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2023
Flag → Flag
Exports $279MRnk 40 / 205
2023
Flag → Flag
Top Product $115MNon-fillet Fresh Fish
2023
Flag → Flag
Exports $117MRnk 47 / 198
2023
Flag → Flag
Top Product $13.8MPaintings
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 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$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Norway-Hong Kong Trade: In 2023, Norway exported $279M to Hong Kong. The main products that Norway exported to Hong Kong were Non-fillet Fresh Fish ($115M), Passenger and Cargo Ships ($39.6M), and Processed Crustaceans ($15.8M). Over the past 5 years the exports of Norway to Hong Kong have increased at an annualized rate of 5.19%, from $217M in 2018 to $279M in 2023.

In 2010, Norway exported services to Hong Kong worth $49.4M, with Services not allocated ($25.4M), Computer and information services ($21.4M), and Transportation ($2.67M) being the largest in terms of value.

Hong Kong-Norway Trade: In 2023, Hong Kong exported $117M to Norway. The main products that Hong Kong exported to Norway were Paintings ($13.8M), Buses ($11.4M), and Computers ($7.25M). Over the past 5 years the exports of Hong Kong to Norway have decreased at an annualized rate of 1.65%,  from $145M in 2018 to $117M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Latest Trends

January, 2025

About

Overview In January 2025, Norway exported NOK205M and imported NOK68.4M from Hong Kong, resulting in a positive trade balance of NOK137M. Between January 2024 and January 2025 the exports of Norway have decreased by NOK-49.9M (-19.6%) from NOK255M to NOK205M, while imports increased by NOK3.02M (4.62%) from NOK65.4M to NOK68.4M.

Trade In January 2025, the top exports of Norway to Hong Kong were Fish (not marine mammals), crustaceans, molluscs... (NOK117M), Non-ferrous metals (NOK54.8M), Metalliferous ores and metal scrap (NOK26.6M), Office machines and automatic data-processing machines (NOK20.3M), and General industrial machinery and equipment, n.e.s.,... (NOK7.4M). In January 2025 the top imports of Norway from Hong Kong were Electrical machinery, apparatus and appliances, n.e.s.,... (NOK19.3M), Office machines and automatic data-processing machines (NOK8.38M), Road vehicles (including air-cushion vehicles) (NOK7.38M), Miscellaneous manufactured articles, n.e.s. (NOK5.81M), and Prefabricated buildings; sanitary, plumbing, heating and... (NOK3.28M).

Growth In January 2025, the decrease in Norway's year-by-year exports to Hong Kong was explained primarily by an decrease in product exports in Plastics in primary forms (NOK-18.8M or -90.3%), Medicinal and pharmaceutical products (NOK-7.35M or -100%), and Professional, scientific and controlling instruments and... (NOK-3.18M or -55.1%). In January 2025, the increase in Norway's year-by-year imports  from Hong Kong was explained primarily by an increase in product imports  in Electrical machinery, apparatus and appliances, n.e.s.,... (NOK8.61M or 80.2%), Road vehicles (including air-cushion vehicles) (NOK5.52M or 297%), and Prefabricated buildings; sanitary, plumbing, heating and... (NOK1.34M or 69.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (January 2024 - January 2025)NOK-49.9M(-19.6%)
IMPORT GROWTH (January 2024 - January 2025)NOK3.02M(4.62%)

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 Hong Kong and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Hong Kong and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $279M to Hong Kong. The main products exported from Norway to Hong Kong were Non-fillet Fresh Fish ($115M), Passenger and Cargo Ships ($39.6M), and Processed Crustaceans ($15.8M). During the last 5 years the exports of Norway to Hong Kong have increased at an annualized rate of 5.19%, from $217M in 2018 to $279M in 2023.

In 2018, Hong Kong exported $117M to Norway. The main products exported from Hong Kong to Norway were Paintings ($13.8M), Buses ($11.4M), and Computers ($7.25M). During the last 5 years the exports of Hong Kong to Norway have decreased at an annualized rate of 1.65%, from $145M in 2023 to $117M in 2018.

Exports from Norway (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Norway (Flag) (2023)

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Hong Kong
Top DestinationChina$25.3B

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

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

In 2023, countries that imported more from Hong Kong than Norway included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Norway (Flag) (2023)

Comparative Advantage Norway - Hong Kong

Flow
Scale

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

During 2023, Norway had a large net trade with Hong Kong in the exports of Animal Products ($141M), Transportation ($42.1M), and Machines ($24.2M).

During 2018, Hong Kong had a large net trade with Norway in the exports of Machines ($38.2M), Transportation ($14.6M), and Arts and Antiques ($13.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Hong Kong+$3.48MFish Fillets
Top Product Potential Hong Kong Norway+$11MComputers

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

Product Space of Norway (Flag) and Hong Kong (Flag) (2023)

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