New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $205MRnk 47 / 209
2022
Flag → Flag
Top Product $37.9MNon-fillet Fresh Fish
2022
Flag → Flag
Exports $389MRnk 55 / 218
2022
Flag → Flag
Top Product $48.5MExcavation Machinery
2022
Flag
Economic Complexity (ECI) ECI 0.58Rnk 41 / 124
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 28 / 124
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 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$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Norway-Malaysia In 2022, Norway exported $205M to Malaysia. The main products that Norway exported to Malaysia are Non-fillet Fresh Fish ($37.9M), Mixed Mineral or Chemical Fertilizers ($16M), and Inorganic Salts ($14.8M). During the last 27 years the exports of Norway to Malaysia have increased at an annualized rate of 3.44%, from $82.2M in 1995 to $205M in 2022.

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

Malaysia-Norway In 2022, Malaysia exported $389M to Norway. The main products that Malaysia exported to Norway were Excavation Machinery ($48.5M), Surveying Equipment ($33.8M), and Inedible Fats and Oils ($21.2M). During the last 27 years the exports of Malaysia to Norway have increased at an annualized rate of 5.92%, from $82.5M in 1995 to $389M in 2022.

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

Comparison In 2022,  Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B).

Latest Trends

February, 2024

About

Overview In February 2024, Norway exported NOK196M and imported NOK273M from Malaysia, resulting in a negative trade balance of NOK77.1M. Between February 2023 and February 2024 the exports of Norway have increased by NOK23M (13.4%) from NOK172M to NOK196M, while imports decreased by NOK-65.5M (-19.4%) from NOK338M to NOK273M.

Trade In February 2024, the top exports of Norway to Malaysia were Fish (not marine mammals), crustaceans, molluscs... (NOK33.5M), Professional, scientific and controlling instruments and... (NOK24.9M), Machinery specialized for particular industries (NOK14.7M), General industrial machinery and equipment, n.e.s.,... (NOK13.5M), and Rubber manufactures, n.e.s. (NOK11.4M). In February 2024 the top imports of Norway from Malaysia were Machinery specialized for particular industries (NOK181M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK70.7M), Telecommunications and sound-recording and reproducing apparatus... (NOK35.8M), General industrial machinery and equipment, n.e.s.,... (NOK32.4M), and Professional, scientific and controlling instruments and... (NOK29.1M).

Growth In February 2024, the increase in Norway's year-by-year exports to Malaysia was explained primarily by an increase in product exports in Machinery specialized for particular industries (NOK12.4M or 540%), Rubber manufactures, n.e.s. (NOK11.2M or 4.22k%), and Electrical machinery, apparatus and appliances, n.e.s.,... (NOK7.27M or 353%). In February 2024, the decrease in Norway's year-by-year imports  from Malaysia was explained primarily by an decrease in product imports  in Office machines and automatic data-processing machines (NOK-93M or -87.9%), Articles of apparel and clothing accessories (NOK-9.23M or -25.3%), and Essential oils and resinoids and perfume... (NOK-4.6M or -58.9%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (February 2023 - February 2024)NOK23M(13.4%)
IMPORT GROWTH (February 2023 - February 2024)NOK-65.5M(-19.4%)

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 Malaysia and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Malaysia and Norway Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $205M to Malaysia. The main products exported from Norway to Malaysia were Non-fillet Fresh Fish ($37.9M), Mixed Mineral or Chemical Fertilizers ($16M), and Inorganic Salts ($14.8M). During the last 27 years the exports of Norway to Malaysia have increased at an annualized rate of 3.44%, from $82.2M in 1995 to $205M in 2022.

In 2022, Malaysia exported $389M to Norway. The main products exported from Malaysia to Norway were Excavation Machinery ($48.5M), Surveying Equipment ($33.8M), and Inedible Fats and Oils ($21.2M). During the last 27 years the exports of Malaysia to Norway have increased at an annualized rate of 5.92%, from $82.5M in 1995 to $389M in 2022.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Malaysia
Top DestinationSingapore$53.8B

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

In 2021, countries that imported more from Norway than Malaysia were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Malaysia than Norway were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Norway - Malaysia

Flow
Scale

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

During 2022, Norway had a large net trade with Malaysia in the exports of Chemical Products ($50M), Animal Products ($47.3M), and Machines ($38.8M).

During 2022, Malaysia had a large net trade with Norway in the exports of Machines ($201M), Instruments ($57.1M), and Plastics and Rubbers ($38.3M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Norway has comparative advantage over Malaysia. Similarly, the more yellow a dot/product is, the more Malaysia has comparative advantage over Norway.

Product Space of Norway (Flag) and Malaysia (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms