2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
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GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
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 GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 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
$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

Norway-South Africa Trade: In 2023, Norway exported $101M to South Africa. The main products that Norway exported to South Africa were Non-fillet Fresh Fish ($26.8M), Nitrogenous Fertilizers ($6.97M), and Non-fillet Frozen Fish ($6M). Over the past 5 years the exports of Norway to South Africa have decreased at an annualized rate of 8.76%, from $159M in 2018 to $101M in 2023.

In 2003, Norway exported services to South Africa worth $2.37M, with Other business services ($2.21M) and Insurance services ($158k) being the largest in terms of value.

South Africa-Norway Trade: In 2023, South Africa exported $293M to Norway. The main products that South Africa exported to Norway were Delivery Trucks ($93.8M), Manganese Ore ($88.7M), and Grapes ($21.1M). Over the past 5 years the exports of South Africa to Norway have decreased at an annualized rate of 2.6%,  from $334M in 2018 to $293M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $101M to South Africa. The main products exported from Norway to South Africa were Non-fillet Fresh Fish ($26.8M), Nitrogenous Fertilizers ($6.97M), and Non-fillet Frozen Fish ($6M). During the last 5 years the exports of Norway to South Africa have decreased at an annualized rate of 8.76%, from $159M in 2018 to $101M in 2023.

In 2018, South Africa exported $293M to Norway. The main products exported from South Africa to Norway were Delivery Trucks ($93.8M), Manganese Ore ($88.7M), and Grapes ($21.1M). During the last 5 years the exports of South Africa to Norway have decreased at an annualized rate of 2.6%, from $334M in 2023 to $293M in 2018.

Exports from Norway (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Norway (Flag) (2023)

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
South Africa
Top Destination
China$29.5B

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

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

In 2023, countries that imported more from South Africa than Norway included China ($29.5B), India ($10.8B), and United States ($13B).

Difference in imports from South Africa (Flag) and Norway (Flag) (2023)

Comparative Advantage Norway - South Africa

Flow
Scale

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

During 2023, Norway had a large net trade with South Africa in the exports of Animal Products ($39.7M), Machines ($16.7M), and Chemical Products ($15.3M).

During 2018, South Africa had a large net trade with Norway in the exports of Transportation ($99.2M), Mineral Products ($92.1M), and Vegetable Products ($49M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway South Africa+$3.91MPackaged Medicaments
Top Product Potential South Africa Norway+$14.4MCars

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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Economic Complexity

Competitive Landscape

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

Product Space of Norway (Flag) and South Africa (Flag) (2023)

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