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Pricing

2022
Flag → Flag
Exports $1.56MRnk 147 / 209
2022
Flag → Flag
Top Product $1.31MNon-fillet Fresh Fish
2022
Flag → Flag
Exports $6.44MRnk 57 / 127
2022
Flag → Flag
Top Product $1.86MTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Norway-Iran Trade: In 2022, Norway exported $1.56M to Iran. The main products that Norway exported to Iran were Non-fillet Fresh Fish ($1.31M), Newsprint ($94.1k), and Other Inedible Animal Products ($52.9k). Over the past 5 years the exports of Norway to Iran have decreased at an annualized rate of 38.3%, from $17.5M in 2017 to $1.56M in 2022.

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

Iran-Norway Trade: In 2022, Iran exported $6.44M to Norway. The main products that Iran exported to Norway were Tropical Fruits ($1.86M), Knotted Carpets ($1.43M), and Other Nuts ($403k). Over the past 5 years the exports of Iran to Norway have increased at an annualized rate of 0.6%,  from $6.25M in 2017 to $6.44M in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Latest Trends

October, 2024

About

Overview In October 2024, Norway exported NOK264k and imported NOK7.54M from Iran, resulting in a negative trade balance of NOK7.28M. Between October 2023 and October 2024 the exports of Norway have decreased by NOK-836k (-76%) from NOK1.1M to NOK264k, while imports decreased by NOK-841k (-10%) from NOK8.39M to NOK7.54M.

Trade In October 2024, the top exports of Norway to Iran were Fish (not marine mammals), crustaceans, molluscs... (NOK865k), Crude animal and vegetable materials, n.e.s. (NOK474k), Special transactions and commodities not classified... (NOK51k), Manufactures of metals, n.e.s. (NOK27k), and Telecommunications and sound-recording and reproducing apparatus... (NOK18k). In October 2024 the top imports of Norway from Iran were Vegetables and fruit (NOK1.94M), General industrial machinery and equipment, n.e.s.,... (NOK273k), Miscellaneous manufactured articles, n.e.s. (NOK272k), Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK230k), and Coffee, tea, cocoa, spices, and manufactures... (NOK77k).

Growth In October 2024, the decrease in Norway's year-by-year exports to Iran was explained primarily by an decrease in product exports in Fish (not marine mammals), crustaceans, molluscs... (NOK-250k or -22.4%), Iron and steel (NOK-22k or -100%), and Office machines and automatic data-processing machines (NOK-9k or -100%). In October 2024, the decrease in Norway's year-by-year imports  from Iran was explained primarily by an decrease in product imports  in Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK-718k or -75.7%), Photographic apparatus, equipment and supplies and... (NOK-57k or -100%), and Medicinal and pharmaceutical products (NOK-42k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)NOK-836k(-76%)
IMPORT GROWTH (October 2023 - October 2024)NOK-841k(-10%)

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 2022, Norway exported $1.56M to Iran. The main products exported from Norway to Iran were Non-fillet Fresh Fish ($1.31M), Newsprint ($94.1k), and Other Inedible Animal Products ($52.9k). During the last 5 years the exports of Norway to Iran have decreased at an annualized rate of 38.3%, from $17.5M in 2017 to $1.56M in 2022.

In 2017, Iran exported $6.44M to Norway. The main products exported from Iran to Norway were Tropical Fruits ($1.86M), Knotted Carpets ($1.43M), and Other Nuts ($403k). During the last 5 years the exports of Iran to Norway have increased at an annualized rate of 0.6%, from $6.25M in 2022 to $6.44M in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Iran than Norway included Turkey ($3.17B), Kuwait ($960M), and Pakistan ($762M).

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

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 2022, Norway had a large net trade with Iran in the exports of Animal Products ($1.37M), Paper Goods ($94.4k), and Machines ($52.4k).

During 2017, Iran had a large net trade with Norway in the exports of Vegetable Products ($3.13M), Textiles ($1.75M), and Foodstuffs ($710k).

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) (2022)

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