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Pricing

2022
Flag → Flag
Exports $53.8MRnk 73 / 209
2022
Flag → Flag
Top Product $12.5MNon-fillet Fresh Fish
2022
Flag → Flag
Exports $207MRnk 30 / 186
2022
Flag → Flag
Top Product $107MCalcium Phosphates
2022
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Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
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Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
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GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
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GDP PC$3,528CURRENT US$
Rnk 127 / 186
2012-2022
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GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Norway-Morocco Trade: In 2022, Norway exported $53.8M to Morocco. The main products that Norway exported to Morocco were Non-fillet Fresh Fish ($12.5M), Petroleum Gas ($9.45M), and Vinyl Chloride Polymers ($7.62M). Over the past 5 years the exports of Norway to Morocco have decreased at an annualized rate of 16.8%, from $135M in 2017 to $53.8M in 2022.

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

Morocco-Norway Trade: In 2022, Morocco exported $207M to Norway. The main products that Morocco exported to Norway were Calcium Phosphates ($107M), Fish oil ($25.4M), and Other Fruits ($15.1M). Over the past 5 years the exports of Morocco to Norway have increased at an annualized rate of 12.6%,  from $114M in 2017 to $207M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Latest Trends

July, 2024

About

Overview In July 2024, Norway exported NOK34.4M and imported NOK113M from Morocco, resulting in a negative trade balance of NOK78.9M. Between July 2023 and July 2024 the exports of Norway have decreased by NOK-1.86M (-5.13%) from NOK36.2M to NOK34.4M, while imports increased by NOK71.8M (173%) from NOK41.4M to NOK113M.

Trade In July 2024, the top exports of Norway to Morocco were Fish (not marine mammals), crustaceans, molluscs... (NOK5.59M), Plastics in primary forms (NOK4.33M), Crude rubber (including synthetic and reclaimed) (NOK4.16M), Chemical materials and products, n.e.s. (NOK3.01M), and Power-generating machinery and equipment (NOK1.07M). In July 2024 the top imports of Norway from Morocco were Animal oils and fats (NOK111M), Vegetables and fruit (NOK61.1M), Crude animal and vegetable materials, n.e.s. (NOK25M), Articles of apparel and clothing accessories (NOK14M), and Footwear (NOK5.25M).

Growth In July 2024, the decrease in Norway's year-by-year exports to Morocco was explained primarily by an decrease in product exports in Gas, natural and manufactured (NOK-25.7M or -100%), Plastics in primary forms (NOK-4.09M or -48.6%), and Professional, scientific and controlling instruments and... (NOK-907k or -91.1%). In July 2024, the increase in Norway's year-by-year imports  from Morocco was explained primarily by an increase in product imports  in Animal oils and fats (NOK105M or 1.74k%), Inorganic chemicals (NOK2.76M or 304%), and Footwear (NOK1.75M or 49.8%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)NOK-1.86M(-5.13%)
IMPORT GROWTH (July 2023 - July 2024)NOK71.8M(173%)

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 Morocco and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Morocco and Norway Data

Go to Bulk Download

Historical Data

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Norway than Morocco included Germany ($78.1B), United Kingdom ($59.1B), and Belgium ($20.3B).

In 2022, countries that imported more from Morocco than Norway included Spain ($8.55B), India ($2.99B), and Bangladesh ($872M).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Morocco+$23.8MPetroleum Gas
Top Product Potential Morocco Norway+$8.72MCars

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

Product Space of Norway (Flag) and Morocco (Flag) (NaN)

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