Portugal / Norway

Portugal-Norway Trade: In 2022, Portugal exported $382M to Norway. The main products that Portugal exported to Norway were Zinc Ore ($118M), Raw Iron Bars ($29.7M), and Leather Footwear ($18.1M). Over the past 5 years the exports of Portugal to Norway have increased at an annualized rate of 7.37%, from $268M in 2017 to $382M in 2022.

In 2020, Portugal exported services to Norway worth $35.4M, with Travel ($35.4M) being the largest in terms of value.

Norway-Portugal Trade: In 2022, Norway exported $713M to Portugal. The main products that Norway exported to Portugal were Fish: dried, salted, smoked or in brine ($318M), Raw Aluminium ($133M), and Non-fillet Fresh Fish ($95.1M). Over the past 5 years the exports of Norway to Portugal have increased at an annualized rate of 3.31%,  from $606M in 2017 to $713M in 2022.

In 2009, Norway exported services to Portugal worth $108M, with Financial services ($41.6M), Travel ($24.3M), and Transportation ($18.1M) being the largest in terms of value.

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).