2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 27 / 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
$2,156CURRENT US$
Rnk 154 / 196
2013-2023
Flag
GDP PC GROWTH
58.3%CURRENT US$
Rnk 33 / 195

About

Norway-Zimbabwe Trade: In 2023, Norway exported $1.78M to Zimbabwe. The main products that Norway exported to Zimbabwe were Computers ($1.16M), Non-fillet Fresh Fish ($156k), and Fish Fillets ($149k). Over the past 5 years the exports of Norway to Zimbabwe have increased at an annualized rate of 41.3%, from $316k in 2018 to $1.78M in 2023.

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

Zimbabwe-Norway Trade: In 2023, Zimbabwe exported $1.36M to Norway. The main products that Zimbabwe exported to Norway were Legumes ($583k), Cut Flowers ($193k), and Citrus ($183k). Over the past 5 years the exports of Zimbabwe to Norway have decreased at an annualized rate of 3.82%,  from $2.17M in 2018 to $1.36M in 2023.

In 2023, Zimbabwe 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, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $1.78M to Zimbabwe. The main products exported from Norway to Zimbabwe were Computers ($1.16M), Non-fillet Fresh Fish ($156k), and Fish Fillets ($149k). During the last 5 years the exports of Norway to Zimbabwe have increased at an annualized rate of 41.3%, from $316k in 2018 to $1.78M in 2023.

In 2018, Zimbabwe exported $1.36M to Norway. The main products exported from Zimbabwe to Norway were Legumes ($583k), Cut Flowers ($193k), and Citrus ($183k). During the last 5 years the exports of Zimbabwe to Norway have decreased at an annualized rate of 3.82%, from $2.17M in 2023 to $1.36M in 2018.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Zimbabwe
Top Destination
United Arab Emirates$4.1B

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

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

In 2023, countries that imported more from Zimbabwe than Norway included United Arab Emirates ($4.1B), South Africa ($1.39B), and Mozambique ($391M).

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

Comparative Advantage Norway - Zimbabwe

Flow
Scale

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

During 2023, Norway had a large net trade with Zimbabwe in the exports of Machines ($1.18M), Animal Products ($370k), and Instruments ($88.8k).

During 2018, Zimbabwe had a large net trade with Norway in the exports of Vegetable Products ($1.13M), Plastics and Rubbers ($146k), and Textiles ($40.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Zimbabwe+$91kFish Fillets
Top Product Potential Zimbabwe Norway+$133kCut 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 Zimbabwe. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over Zimbabwe. Similarly, a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Norway.

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

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