2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$13.1BCURRENT US$
Rnk 142 / 195
2013-2023
Flag
GDP GROWTH
1.51%CURRENT US$
Rnk 168 / 195
2023
Flag
GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC
$681CURRENT US$
Rnk 186 / 196
2013-2023
Flag
GDP PC GROWTH
-28.1%CURRENT US$
Rnk 185 / 195

About

Norway-Chad Trade: In 2023, Norway exported $53.8k to Chad. The main products that Norway exported to Chad were Cars ($40.1k), Tractors ($7.46k), and Delivery Trucks ($5.2k). Over the past 5 years the exports of Norway to Chad have decreased at an annualized rate of 38.5%, from $613k in 2018 to $53.8k in 2023.

In 2023, Norway did not export any services to Chad.

Chad-Norway Trade: In 2023, Chad exported $54.4k to Norway. The main products that Chad exported to Norway were Other Oily Seeds ($51.6k), Computers ($2.51k), and Knit Active Wear ($176). Over the past 5 years the exports of Chad to Norway have increased at an annualized rate of 67%,  from $4.19k in 2018 to $54.4k in 2023.

In 2023, Chad did not export any services to Norway.

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Chad ranked 132 in the Economic Complexity Index (ECI -2.41), and 132 in total exports ($4.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $53.8k to Chad. The main products exported from Norway to Chad were Cars ($40.1k), Tractors ($7.46k), and Delivery Trucks ($5.2k). During the last 5 years the exports of Norway to Chad have decreased at an annualized rate of 38.5%, from $613k in 2018 to $53.8k in 2023.

In 2018, Chad exported $54.4k to Norway. The main products exported from Chad to Norway were Other Oily Seeds ($51.6k), Computers ($2.51k), and Knit Active Wear ($176). During the last 5 years the exports of Chad to Norway have increased at an annualized rate of 67%, from $4.19k in 2023 to $54.4k in 2018.

Exports from Norway (Flag) to Chad (Flag) (2023)

Exports from Chad (Flag) to Norway (Flag) (2023)

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Chad
Top Destination
United Arab Emirates$1.11B

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

In 2023, countries that imported more from Norway than Chad included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Chad than Norway included United Arab Emirates ($1.11B) and Central African Republic ($6.67M).

Difference in imports from Chad (Flag) and Norway (Flag) (2023)

Comparative Advantage Norway - Chad

Flow
Scale

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

During 2023, Norway had a large net trade with Chad in the exports of Transportation ($52.8k) and Plastics and Rubbers ($1k).

During 2018, Chad had a large net trade with Norway in the exports of Vegetable Products ($51.6k), Machines ($2.51k), and Textiles ($176).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Chad+$71.8kCars
Top Product Potential Chad Norway+$7.81kComputers

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

Product Space of Norway (Flag) and Chad (Flag) (2023)

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