2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH
20.8%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH
-1.8%CURRENT US$
Rnk 147 / 186

About

Norway-Zimbabwe Trade: In 2022, Norway exported $1.68M to Zimbabwe. The main products that Norway exported to Zimbabwe were Navigation Equipment ($903k), Non-fillet Fresh Fish ($244k), and Fish Fillets ($99.4k). Over the past 5 years the exports of Norway to Zimbabwe have increased at an annualized rate of 0.51%, from $1.64M in 2017 to $1.68M in 2022.

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

Zimbabwe-Norway Trade: In 2022, Zimbabwe exported $883k to Norway. The main products that Zimbabwe exported to Norway were Legumes ($356k), Cut Flowers ($213k), and Other Plastic Products ($92k). Over the past 5 years the exports of Zimbabwe to Norway have decreased at an annualized rate of 9.3%,  from $1.59M in 2017 to $883k in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $1.68M to Zimbabwe. The main products exported from Norway to Zimbabwe were Navigation Equipment ($903k), Non-fillet Fresh Fish ($244k), and Fish Fillets ($99.4k). During the last 5 years the exports of Norway to Zimbabwe have increased at an annualized rate of 0.51%, from $1.64M in 2017 to $1.68M in 2022.

In 2017, Zimbabwe exported $883k to Norway. The main products exported from Zimbabwe to Norway were Legumes ($356k), Cut Flowers ($213k), and Other Plastic Products ($92k). During the last 5 years the exports of Zimbabwe to Norway have decreased at an annualized rate of 9.3%, from $1.59M in 2022 to $883k in 2017.

Exports from Norway (Flag) to Zimbabwe (Flag) (2022)

Exports from Zimbabwe (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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

In 2022, countries that imported more from Zimbabwe than Norway included United Arab Emirates ($4.78B), South Africa ($1.47B), and Mozambique ($191M).

Difference in imports from Zimbabwe (Flag) and Norway (Flag) (2022)

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 2022, Norway had a large net trade with Zimbabwe in the exports of Machines ($908k), Animal Products ($451k), and Plastics and Rubbers ($174k).

During 2017, Zimbabwe had a large net trade with Norway in the exports of Vegetable Products ($746k), Plastics and Rubbers ($92k), and Wood Products ($26k).

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) (2022)

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