Norway (NOR) and Macau (MAC) Trade | The Observatory of Economic Complexity

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Norway-Macau Trade: In 2022, Norway exported $4.79M to Macau. The main products that Norway exported to Macau were Non-fillet Fresh Fish ($1.9M), Packaged Medicaments ($556k), and Trunks and Cases ($470k). Over the past 5 years the exports of Norway to Macau have decreased at an annualized rate of 12.9%, from $9.54M in 2017 to $4.79M in 2022.

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

Macau-Norway Trade: In 2022, Macau exported $1.13M to Norway. The main products that Macau exported to Norway were Iron Housewares ($503k), Electrical Transformers ($196k), and Leather Footwear ($164k). Over the past 5 years the exports of Macau to Norway have decreased at an annualized rate of 6.54%, from $1.58M in 2017 to $1.13M in 2022.

In 2022, Macau 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, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Norway exported NOK818k and imported NOK354k from Macau, resulting in a positive trade balance of NOK464k. Between September 2023 and September 2024 the exports of Norway have decreased by NOK-3.99M (-83%) from NOK4.81M to NOK818k, while imports decreased by NOK-158k (-30.9%) from NOK512k to NOK354k.

Trade In September 2024, the top exports of Norway to Macau were Articles of apparel and clothing accessories (NOK1.26M), Fish (not marine mammals), crustaceans, molluscs... (NOK901k), Essential oils and resinoids and perfume... (NOK86k), General industrial machinery and equipment, n.e.s.,... (NOK74k), and Miscellaneous manufactured articles, n.e.s. (NOK73k). In September 2024 the top imports of Norway from Macau were Articles of apparel and clothing accessories (NOK171k), Telecommunications and sound-recording and reproducing apparatus... (NOK31k), Footwear (NOK20k), General industrial machinery and equipment, n.e.s.,... (NOK12k), and Professional, scientific and controlling instruments and... (NOK12k).

Growth In September 2024, the decrease in Norway's year-by-year exports to Macau was explained primarily by an decrease in product exports in Travel goods, handbags and similar containers (NOK-382k or -100%), Fish (not marine mammals), crustaceans, molluscs... (NOK-157k or -14.8%), and Miscellaneous manufactured articles, n.e.s. (NOK-17k or -18.9%). In September 2024, the decrease in Norway's year-by-year imports from Macau was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)NOK-3.99M(-83%)

IMPORT GROWTH (September 2023 - September 2024)NOK-158k(-30.9%)

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 Macau and Norway trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norway exported $4.79M to Macau. The main products exported from Norway to Macau were Non-fillet Fresh Fish ($1.9M), Packaged Medicaments ($556k), and Trunks and Cases ($470k). During the last 5 years the exports of Norway to Macau have decreased at an annualized rate of 12.9%, from $9.54M in 2017 to $4.79M in 2022.

In 2017, Macau exported $1.13M to Norway. The main products exported from Macau to Norway were Iron Housewares ($503k), Electrical Transformers ($196k), and Leather Footwear ($164k). During the last 5 years the exports of Macau to Norway have decreased at an annualized rate of 6.54%, from $1.58M in 2022 to $1.13M in 2017.

Exports from Norway () to Macau () (2022)

Exports from Macau () to Norway () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

Macau
Top DestinationHong Kong$1.22B

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

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

In 2022, countries that imported more from Macau than Norway included Hong Kong ($1.22B), Madagascar ($547k), and Timor-Leste ($181k).

Difference in imports from Macau () and Norway () (2022)

Comparative Advantage Norway - Macau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norway had a large net trade with Macau in the exports of Animal Products ($2.48M), Chemical Products ($613k), and Animal Hides ($520k).

During 2017, Macau had a large net trade with Norway in the exports of Metals ($513k), Machines ($209k), and Footwear and Headwear ($168k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Norway () to Macau () (2022)

Exports from Macau () to Norway () (2022)

Market Competitiveness

Difference in imports from Macau () and Norway () (2022)

Comparative Advantage Norway - Macau

Economic Complexity

Competitive Landscape

Product Space of Norway () and Macau () (2022)

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