Norway (NOR) and Palestine (PSE) Trade | The Observatory of Economic Complexity

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Norway-Palestine Trade: In 2022, Norway exported $886k to Palestine. The main products that Norway exported to Palestine were Medical Instruments ($324k), Non-fillet Frozen Fish ($219k), and Electrical Control Boards ($192k). Over the past 5 years the exports of Norway to Palestine have increased at an annualized rate of 40.6%, from $161k in 2017 to $886k in 2022.

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

Palestine-Norway Trade: In 2022, Palestine exported $920k to Norway. The main products that Palestine exported to Norway were Tropical Fruits ($859k), Beer ($20k), and Wine ($18.1k). Over the past 5 years the exports of Palestine to Norway have increased at an annualized rate of 24.2%, from $251k in 2017 to $920k in 2022.

In 2022, Palestine 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, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

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Overview In August 2024, Norway exported NOK0 and imported NOK908k from Palestine, resulting in a negative trade balance of NOK908k. Between August 2023 and August 2024 the exports of Norway have remained the same by NOK0 (N/A%) from NOK0 to NOK0, while imports increased by NOK135k (17.5%) from NOK773k to NOK908k.

Trade In August 2024, the top exports of Norway to Palestine were Fish (not marine mammals), crustaceans, molluscs... (NOK230k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Cereals and cereal preparations (NOK0). In August 2024 the top imports of Norway from Palestine were Vegetables and fruit (NOK3.63M), Fixed vegetable fats and oils, crude,... (NOK49k), Road vehicles (including air-cushion vehicles) (NOK2k), Live animals other than animals of... (NOK0), and Meat and meat preparations (NOK0).

Growth In August 2024, the change in Norway's year-by-year exports to Palestine was explained primarily by an decrease in product exports in Miscellaneous manufactured articles, n.e.s. (NOK-239k or -100%). In August 2024, the increase in Norway's year-by-year imports from Palestine was explained primarily by an increase in product imports in Vegetables and fruit (NOK3.07M or 551%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)NOK0(N/A%)

IMPORT GROWTH (August 2023 - August 2024)NOK135k(17.5%)

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 Palestine 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 $886k to Palestine. The main products exported from Norway to Palestine were Medical Instruments ($324k), Non-fillet Frozen Fish ($219k), and Electrical Control Boards ($192k). During the last 5 years the exports of Norway to Palestine have increased at an annualized rate of 40.6%, from $161k in 2017 to $886k in 2022.

In 2017, Palestine exported $920k to Norway. The main products exported from Palestine to Norway were Tropical Fruits ($859k), Beer ($20k), and Wine ($18.1k). During the last 5 years the exports of Palestine to Norway have increased at an annualized rate of 24.2%, from $251k in 2022 to $920k in 2017.

Exports from Norway () to Palestine () (2022)

Exports from Palestine () to Norway () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

Palestine
Top DestinationIsrael$1.3B

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

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

In 2022, countries that imported more from Palestine than Norway included Israel ($1.3B), Jordan ($159M), and Yemen ($1.4M).

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

Comparative Advantage Norway - Palestine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norway had a large net trade with Palestine in the exports of Instruments ($332k), Machines ($232k), and Animal Products ($219k).

During 2017, Palestine had a large net trade with Norway in the exports of Vegetable Products ($860k), Foodstuffs ($39.3k), and Animal and Vegetable Bi-Products ($16.2k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Norway and Palestine. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over Palestine. Similarly, a dot/product with the flag of Palestine 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 Palestine () (2022)

Exports from Palestine () to Norway () (2022)

Market Competitiveness

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

Comparative Advantage Norway - Palestine

Economic Complexity

Competitive Landscape

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

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