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2022
Flag → Flag
Exports $55.1MRnk 56 / 210
2022
Flag → Flag
Top Product $10.7MRaw Aluminium
2022
Flag → Flag
Exports $61.9MRnk 68 / 209
2022
Flag → Flag
Top Product $10.8MMixed Mineral or Chemical Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC $48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

New Zealand-Norway Trade: In 2022, New Zealand exported $55.1M to Norway. The main products that New Zealand exported to Norway were Raw Aluminium ($10.7M), Other Fruits ($6.26M), and Packaged Medicaments ($5M). Over the past 5 years the exports of New Zealand to Norway have increased at an annualized rate of 3.29%, from $46.9M in 2017 to $55.1M in 2022.

In 2022, New Zealand did not export any services to Norway.

Norway-New Zealand Trade: In 2022, Norway exported $61.9M to New Zealand. The main products that Norway exported to New Zealand were Mixed Mineral or Chemical Fertilizers ($10.8M), Processed Crustaceans ($4.65M), and Delivery Trucks ($3.35M). Over the past 5 years the exports of Norway to New Zealand have increased at an annualized rate of 9.95%,  from $38.5M in 2017 to $61.9M in 2022.

In 2009, Norway exported services to New Zealand worth $36.9M, with Transportation ($14.9M), Financial services ($9.75M), and Travel ($7.35M) being the largest in terms of value.

Comparison: In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $55.1M to Norway. The main products exported from New Zealand to Norway were Raw Aluminium ($10.7M), Other Fruits ($6.26M), and Packaged Medicaments ($5M). During the last 5 years the exports of New Zealand to Norway have increased at an annualized rate of 3.29%, from $46.9M in 2017 to $55.1M in 2022.

In 2017, Norway exported $61.9M to New Zealand. The main products exported from Norway to New Zealand were Mixed Mineral or Chemical Fertilizers ($10.8M), Processed Crustaceans ($4.65M), and Delivery Trucks ($3.35M). During the last 5 years the exports of Norway to New Zealand have increased at an annualized rate of 9.95%, from $38.5M in 2022 to $61.9M in 2017.

Exports from New Zealand (Flag) to Norway (Flag) (2022)

Exports from Norway (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Norway (Flag)

New Zealand Exports

Norway Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$13.1B
Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from New Zealand than Norway included China ($13.1B), Australia ($5.35B), and Japan ($2.75B).

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

Difference in imports from Norway (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Norway

Flow
Scale

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

During 2022, New Zealand had a large net trade with Norway in the exports of Metals ($12.1M), Vegetable Products ($11M), and Instruments ($7.13M).

During 2017, Norway had a large net trade with New Zealand in the exports of Chemical Products ($18.6M), Machines ($10.2M), and Transportation ($7.15M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Norway+$2.01MWine
Top Product Potential Norway New Zealand+$1.26MDelivery Trucks

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

Product Space of New Zealand (Flag) and Norway (Flag) (2022)

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