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2023
Flag → Flag
Exports $1.24MRnk 152 / 205
2023
Flag → Flag
Top Product $942kNon-fillet Fresh Fish
2023
Flag → Flag
Exports $5.09MRnk 53 / 130
2023
Flag → Flag
Top Product $1.96MTropical Fruits
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 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$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195

About

Norway-Iran Trade: In 2023, Norway exported $1.24M to Iran. The main products that Norway exported to Iran were Non-fillet Fresh Fish ($942k), Other Construction Vehicles ($132k), and Carboxyimide Compounds ($56.4k). Over the past 5 years the exports of Norway to Iran have decreased at an annualized rate of 47%, from $29.6M in 2018 to $1.24M in 2023.

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

Iran-Norway Trade: In 2023, Iran exported $5.09M to Norway. The main products that Iran exported to Norway were Tropical Fruits ($1.96M), Knotted Carpets ($540k), and Other Nuts ($408k). Over the past 5 years the exports of Iran to Norway have decreased at an annualized rate of 5.93%,  from $6.91M in 2018 to $5.09M in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK2.09M and imported NOK8.35M from Iran, resulting in a negative trade balance of NOK6.26M. Between December 2023 and December 2024 the exports of Norway have increased by NOK1.42M (214%) from NOK664k to NOK2.09M, while imports increased by NOK5M (149%) from NOK3.36M to NOK8.35M.

Trade In December 2024, the top exports of Norway to Iran were Fish (not marine mammals), crustaceans, molluscs... (NOK1.67M), Travel goods, handbags and similar containers (NOK7k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0). In December 2024 the top imports of Norway from Iran were Vegetables and fruit (NOK1.01M), Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK467k), Photographic apparatus, equipment and supplies and... (NOK299k), Coffee, tea, cocoa, spices, and manufactures... (NOK248k), and Miscellaneous manufactured articles, n.e.s. (NOK199k).

Growth In December 2024, the increase in Norway's year-by-year exports to Iran was explained primarily by an increase in product exports in Fish (not marine mammals), crustaceans, molluscs... (NOK805k or 93.1%). In December 2024, the increase in Norway's year-by-year imports  from Iran was explained primarily by an increase in product imports  in Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK237k or 103%), Coffee, tea, cocoa, spices, and manufactures... (NOK171k or 222%), and Electrical machinery, apparatus and appliances, n.e.s.,... (NOK23k or 2.3k%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK1.42M(214%)
IMPORT GROWTH (December 2023 - December 2024)NOK5M(149%)

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 Iran and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Iran and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $1.24M to Iran. The main products exported from Norway to Iran were Non-fillet Fresh Fish ($942k), Other Construction Vehicles ($132k), and Carboxyimide Compounds ($56.4k). During the last 5 years the exports of Norway to Iran have decreased at an annualized rate of 47%, from $29.6M in 2018 to $1.24M in 2023.

In 2018, Iran exported $5.09M to Norway. The main products exported from Iran to Norway were Tropical Fruits ($1.96M), Knotted Carpets ($540k), and Other Nuts ($408k). During the last 5 years the exports of Iran to Norway have decreased at an annualized rate of 5.93%, from $6.91M in 2023 to $5.09M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Iran
Top DestinationChina$4.59B

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

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

In 2023, countries that imported more from Iran than Norway included Turkey ($2.18B), Pakistan ($943M), and China ($4.59B).

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

Comparative Advantage Norway - Iran

Flow
Scale

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

During 2023, Norway had a large net trade with Iran in the exports of Animal Products ($986k), Machines ($176k), and Chemical Products ($57.5k).

During 2018, Iran had a large net trade with Norway in the exports of Vegetable Products ($2.76M), Textiles ($801k), and Instruments ($420k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Iran+$593kNon-fillet Fresh Fish
Top Product Potential Iran Norway+$1MTropical Fruits

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

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

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