Norway (NOR) and Poland (POL) Trade | The Observatory of Economic Complexity

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Norway-Poland Trade: In 2023, Norway exported $8.93B to Poland. The main products that Norway exported to Poland were Crude Petroleum ($5.74B), Non-fillet Fresh Fish ($1.4B), and Raw Aluminium ($349M). Over the past 5 years the exports of Norway to Poland have increased at an annualized rate of 23.5%, from $3.11B in 2018 to $8.93B in 2023.

In 2009, Norway exported services to Poland worth $70.6M, with Transportation ($14.4M), Computer and information services ($13.4M), and Other business services ($10.5M) being the largest in terms of value.

Poland-Norway Trade: In 2023, Poland exported $3.55B to Norway. The main products that Poland exported to Norway were Iron Structures ($208M), Buses ($147M), and Other Furniture ($120M). Over the past 5 years the exports of Poland to Norway have decreased at an annualized rate of 0.63%, from $3.67B in 2018 to $3.55B in 2023.

In 2020, Poland exported services to Norway worth $596M, with Other business services ($178M), Transportation ($158M), and Computer and information services ($137M) 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, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B).

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK7.1B and imported NOK3.12B from Poland, resulting in a positive trade balance of NOK3.98B. Between December 2023 and December 2024 the exports of Norway have decreased by NOK-2.1B (-22.9%) from NOK9.2B to NOK7.1B, while imports increased by NOK530M (20.5%) from NOK2.59B to NOK3.12B.

Trade In December 2024, the top exports of Norway to Poland were Petroleum, petroleum products and related materials (NOK6.35B), Fish (not marine mammals), crustaceans, molluscs... (NOK1.27B), Non-ferrous metals (NOK627M), Iron and steel (NOK101M), and Road vehicles (including air-cushion vehicles) (NOK70.4M). In December 2024 the top imports of Norway from Poland were Manufactures of metals, n.e.s. (NOK319M), Road vehicles (including air-cushion vehicles) (NOK254M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK211M), Furniture, and parts thereof; bedding, mattresses,... (NOK177M), and Other transport equipment (NOK177M).

Growth In December 2024, the decrease in Norway's year-by-year exports to Poland was explained primarily by an decrease in product exports in Miscellaneous manufactured articles, n.e.s. (NOK-74.4M or -62%), General industrial machinery and equipment, n.e.s.,... (NOK-26.7M or -39%), and Paper, paperboard and articles of paper... (NOK-20.4M or -60.3%). In December 2024, the increase in Norway's year-by-year imports from Poland was explained primarily by an increase in product imports in Other transport equipment (NOK118M or 201%), Articles of apparel and clothing accessories (NOK54.8M or 183%), and Cereals and cereal preparations (NOK43.7M or 67%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)NOK-2.1B(-22.9%)

IMPORT GROWTH (December 2023 - December 2024)NOK530M(20.5%)

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 Poland 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 2023, Norway exported $8.93B to Poland. The main products exported from Norway to Poland were Crude Petroleum ($5.74B), Non-fillet Fresh Fish ($1.4B), and Raw Aluminium ($349M). During the last 5 years the exports of Norway to Poland have increased at an annualized rate of 23.5%, from $3.11B in 2018 to $8.93B in 2023.

In 2018, Poland exported $3.55B to Norway. The main products exported from Poland to Norway were Iron Structures ($208M), Buses ($147M), and Other Furniture ($120M). During the last 5 years the exports of Poland to Norway have decreased at an annualized rate of 0.63%, from $3.67B in 2023 to $3.55B in 2018.

Exports from Norway () to Poland () (2023)

Exports from Poland () to Norway () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$33.8B

Poland
Top DestinationGermany$84B

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

In 2023, countries that imported more from Norway than Poland included United Kingdom ($32.6B), Sweden ($15.9B), and Denmark ($12.7B).

In 2023, countries that imported more from Poland than Norway included Germany ($84B), Czechia ($19.3B), and Italy ($16.7B).

Difference in imports from Poland () and Norway () (2023)

Comparative Advantage Norway - Poland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Norway had a large net trade with Poland in the exports of Mineral Products ($5.95B), Animal Products ($1.8B), and Metals ($539M).

During 2018, Poland had a large net trade with Norway in the exports of Machines ($721M), Transportation ($637M), and Metals ($475M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Norway Poland+$240MPetroleum Gas

Top Product Potential Poland Norway+$33.4MCars

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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Bilateral Service Trade

Pol Year

Nor Year

In 2009, Norway exported services to Poland worth $70.6M, with Transportation ($14.4M), Computer and information services ($13.4M), and Other business services ($10.5M) being the largest in terms of value.

In 2020, Poland exported services to Norway worth $596M, with Other business services ($178M), Transportation ($158M), and Computer and information services ($137M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Norway () to Poland () (2009)

Services Exports from Poland () to Norway () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Norway () to Poland () (2023)

Exports from Poland () to Norway () (2023)

Market Competitiveness

Difference in imports from Poland () and Norway () (2023)

Comparative Advantage Norway - Poland

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Norway () to Poland () (2009)

Services Exports from Poland () to Norway () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Norway () and Poland () (2023)

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