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2023
Flag → Flag
Exports $800MRnk 22 / 205
2023
Flag → Flag
Top Product $147MRaw Nickel
2023
Flag → Flag
Exports $903MRnk 72 / 220
2023
Flag → Flag
Top Product $119MBran
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
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GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
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 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
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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$2,481CURRENT US$
Rnk 148 / 196
2013-2023
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GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Norway-India Trade: In 2023, Norway exported $800M to India. The main products that Norway exported to India were Raw Nickel ($147M), Tug Boats ($79.8M), and Passenger and Cargo Ships ($76.7M). Over the past 5 years the exports of Norway to India have increased at an annualized rate of 11.2%, from $471M in 2018 to $800M in 2023.

In 2010, Norway exported services to India worth $1.07B, with Services not allocated ($538M), Other business services ($330M), and Transportation ($93.5M) being the largest in terms of value.

India-Norway Trade: In 2023, India exported $903M to Norway. The main products that India exported to Norway were Bran ($119M), Carboxyamide Compounds ($71.5M), and Other Sea Vessels ($67.4M). Over the past 5 years the exports of India to Norway have increased at an annualized rate of 10.1%,  from $557M in 2018 to $903M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Latest Trends

January, 2025

About

Overview In January 2025, Norway exported NOK417M and imported NOK738M from India, resulting in a negative trade balance of NOK321M. Between January 2024 and January 2025 the exports of Norway have increased by NOK172M (70.5%) from NOK245M to NOK417M, while imports increased by NOK125M (20.4%) from NOK613M to NOK738M.

Trade In January 2025, the top exports of Norway to India were N/A. In January 2025 the top imports of Norway from India were Feeding stuff for animals (not including... (NOK108M), Organic chemicals (NOK85.6M), Articles of apparel and clothing accessories (NOK64.5M), Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK57.4M), and Medicinal and pharmaceutical products (NOK35.8M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (January 2024 - January 2025)NOK172M(70.5%)
IMPORT GROWTH (January 2024 - January 2025)NOK125M(20.4%)

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 India and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore India and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $800M to India. The main products exported from Norway to India were Raw Nickel ($147M), Tug Boats ($79.8M), and Passenger and Cargo Ships ($76.7M). During the last 5 years the exports of Norway to India have increased at an annualized rate of 11.2%, from $471M in 2018 to $800M in 2023.

In 2018, India exported $903M to Norway. The main products exported from India to Norway were Bran ($119M), Carboxyamide Compounds ($71.5M), and Other Sea Vessels ($67.4M). During the last 5 years the exports of India to Norway have increased at an annualized rate of 10.1%, from $557M in 2023 to $903M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
India
Top DestinationUnited States$85.5B

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

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

In 2023, countries that imported more from India than Norway included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Norway - India

Flow
Scale

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

During 2023, Norway had a large net trade with India in the exports of Metals ($273M), Transportation ($255M), and Chemical Products ($85.3M).

During 2018, India had a large net trade with Norway in the exports of Textiles ($190M), Chemical Products ($142M), and Foodstuffs ($129M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Norway and India. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Norway.

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

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