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2023
Flag → Flag
Exports $29.1MRnk 81 / 205
2023
Flag → Flag
Top Product $8.4MFish Fillets
2023
Flag → Flag
Exports $105MRnk 26 / 191
2023
Flag → Flag
Top Product $24.5MIron Blocks
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 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$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
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GDP GROWTH31.5%CURRENT US$
Rnk 111 / 195
2023
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GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
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GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
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GDP PC$128,678CURRENT US$
Rnk 2 / 196
2013-2023
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GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195

About

Norway-Luxembourg Trade: In 2023, Norway exported $29.1M to Luxembourg. The main products that Norway exported to Luxembourg were Fish Fillets ($8.4M), Ferroalloys ($3.2M), and Dried/Salted/Smoked/Brined Fish ($2.28M). Over the past 5 years the exports of Norway to Luxembourg have decreased at an annualized rate of 10.3%, from $50.2M in 2018 to $29.1M in 2023.

In 2009, Norway exported services to Luxembourg worth $143M, with Transportation ($92.2M), Other business services ($38.2M), and Computer and information services ($5.27M) being the largest in terms of value.

Luxembourg-Norway Trade: In 2023, Luxembourg exported $105M to Norway. The main products that Luxembourg exported to Norway were Iron Blocks ($24.5M), Iron Sheet Piling ($20.8M), and Rapeseed Oil ($7.33M). Over the past 5 years the exports of Luxembourg to Norway have increased at an annualized rate of 6.25%,  from $77.5M in 2018 to $105M in 2023.

In 2020, Luxembourg exported services to Norway worth $54.8M, with Other business services ($33.1M), Transportation ($20.6M), and Travel ($1.14M) being the largest in terms of value.

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). That same year, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK20.9M and imported NOK60.3M from Luxembourg, resulting in a negative trade balance of NOK39.4M. Between December 2023 and December 2024 the exports of Norway have increased by NOK7.23M (52.9%) from NOK13.7M to NOK20.9M, while imports decreased by NOK-30.2M (-33.4%) from NOK90.5M to NOK60.3M.

Trade In December 2024, the top exports of Norway to Luxembourg were Metalliferous ores and metal scrap (NOK34M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK7.54M), Professional, scientific and controlling instruments and... (NOK3.27M), Fish (not marine mammals), crustaceans, molluscs... (NOK2.21M), and Plastics in primary forms (NOK1.51M). In December 2024 the top imports of Norway from Luxembourg were Iron and steel (NOK26.4M), Road vehicles (including air-cushion vehicles) (NOK5.2M), Cereals and cereal preparations (NOK4.45M), Miscellaneous manufactured articles, n.e.s. (NOK3.65M), and Textile yarn, fabrics, made-up articles, n.e.s.,... (NOK2.56M).

Growth In December 2024, the increase in Norway's year-by-year exports to Luxembourg was explained primarily by an increase in product exports in Professional, scientific and controlling instruments and... (NOK3.06M or 1.44k%), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK2.43M or 47.4%), and General industrial machinery and equipment, n.e.s.,... (NOK753k or 394%). In December 2024, the decrease in Norway's year-by-year imports  from Luxembourg was explained primarily by an decrease in product imports  in Miscellaneous manufactured articles, n.e.s. (NOK-8.31M or -69.5%), General industrial machinery and equipment, n.e.s.,... (NOK-2.32M or -69.1%), and Rubber manufactures, n.e.s. (NOK-1.86M or -69.3%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK7.23M(52.9%)
IMPORT GROWTH (December 2023 - December 2024)NOK-30.2M(-33.4%)

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 Luxembourg and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Luxembourg and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $29.1M to Luxembourg. The main products exported from Norway to Luxembourg were Fish Fillets ($8.4M), Ferroalloys ($3.2M), and Dried/Salted/Smoked/Brined Fish ($2.28M). During the last 5 years the exports of Norway to Luxembourg have decreased at an annualized rate of 10.3%, from $50.2M in 2018 to $29.1M in 2023.

In 2018, Luxembourg exported $105M to Norway. The main products exported from Luxembourg to Norway were Iron Blocks ($24.5M), Iron Sheet Piling ($20.8M), and Rapeseed Oil ($7.33M). During the last 5 years the exports of Luxembourg to Norway have increased at an annualized rate of 6.25%, from $77.5M in 2023 to $105M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Luxembourg
Top DestinationGermany$3.42B

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

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

In 2023, countries that imported more from Luxembourg than Norway included Hong Kong ($960M), Oman ($290M), and Mexico ($170M).

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

Comparative Advantage Norway - Luxembourg

Flow
Scale

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

During 2023, Norway had a large net trade with Luxembourg in the exports of Animal Products ($12.3M), Machines ($7.92M), and Metals ($3.88M).

During 2018, Luxembourg had a large net trade with Norway in the exports of Metals ($57.8M), Plastics and Rubbers ($12.6M), and Animal and Vegetable Bi-Products ($9.28M).

Bilateral Service Trade

In 2009, Norway exported services to Luxembourg worth $143M, with Transportation ($92.2M), Other business services ($38.2M), and Computer and information services ($5.27M) being the largest in terms of value.

In 2020, Luxembourg exported services to Norway worth $54.8M, with Other business services ($33.1M), Transportation ($20.6M), and Travel ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Norway (Flag) to Luxembourg (Flag) (2009)

Services Exports from Luxembourg (Flag) to Norway (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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