2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$27.6BCURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP GROWTH
-1.64%CURRENT US$
Rnk 172 / 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
$1,331CURRENT US$
Rnk 171 / 196
2013-2023
Flag
GDP PC GROWTH
-26.9%CURRENT US$
Rnk 184 / 195

About

Norway-Zambia Trade: In 2023, Norway exported $2.8M to Zambia. The main products that Norway exported to Zambia were Nitrites and Nitrates ($1.54M), Newsprint ($345k), and Mixed Mineral or Chemical Fertilizers ($292k). Over the past 5 years the exports of Norway to Zambia have increased at an annualized rate of 5.59%, from $2.13M in 2018 to $2.8M in 2023.

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

Zambia-Norway Trade: In 2023, Zambia exported $549k to Norway. The main products that Zambia exported to Norway were Honey ($530k), Cut Flowers ($8.37k), and Integrated Circuits ($2.08k). Over the past 5 years the exports of Zambia to Norway have decreased at an annualized rate of 14.8%,  from $1.22M in 2018 to $549k in 2023.

In 2023, Zambia 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, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $2.8M to Zambia. The main products exported from Norway to Zambia were Nitrites and Nitrates ($1.54M), Newsprint ($345k), and Mixed Mineral or Chemical Fertilizers ($292k). During the last 5 years the exports of Norway to Zambia have increased at an annualized rate of 5.59%, from $2.13M in 2018 to $2.8M in 2023.

In 2018, Zambia exported $549k to Norway. The main products exported from Zambia to Norway were Honey ($530k), Cut Flowers ($8.37k), and Integrated Circuits ($2.08k). During the last 5 years the exports of Zambia to Norway have decreased at an annualized rate of 14.8%, from $1.22M in 2023 to $549k in 2018.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Zambia
Top Destination
Switzerland$4.26B

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

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

In 2023, countries that imported more from Zambia than Norway included Switzerland ($4.26B), Democratic Republic of the Congo ($1.6B), and United Arab Emirates ($1.84B).

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

Comparative Advantage Norway - Zambia

Flow
Scale

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

During 2023, Norway had a large net trade with Zambia in the exports of Chemical Products ($1.89M), Paper Goods ($348k), and Plastics and Rubbers ($302k).

During 2018, Zambia had a large net trade with Norway in the exports of Animal Products ($530k), Vegetable Products ($8.7k), and Machines ($4.69k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Zambia+$51.3kComputers
Top Product Potential Zambia Norway+$29.9kCut Flowers

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

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

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