2022
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GDP
$301BCURRENT US$
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GDP GROWTH
68.2%CURRENT US$
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$579BCURRENT US$
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GDP GROWTH
13%CURRENT US$
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GDP PC 
$15,892CURRENT US$
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GDP PC GROWTH
77.9%CURRENT US$
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GDP PC
$106,149CURRENT US$
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3.89%CURRENT US$
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About

Romania-Norway In 2022, Romania exported $559M to Norway. The main products that Romania exported to Norway are Other Sea Vessels ($173M), Passenger and Cargo Ships ($91.7M), and Medical Instruments ($30.6M). During the last 27 years the exports of Romania to Norway have increased at an annualized rate of 12.1%, from $25.6M in 1995 to $559M in 2022.

In 2020, Romania exported services to Norway worth $126M, with Computer and information services ($52.7M), Other business services ($34.7M), and Travel ($21.9M) being the largest in terms of value.

Norway-Romania In 2022, Norway exported $213M to Romania. The main products that Norway exported to Romania were Crude Petroleum ($61.4M), Non-fillet Fresh Fish ($16.6M), and Mixed Mineral or Chemical Fertilizers ($13M). During the last 27 years the exports of Norway to Romania have increased at an annualized rate of 7.77%, from $28.3M in 1995 to $213M in 2022.

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

Comparison In 2022,  Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $559M to Norway. The main products exported from Romania to Norway were Other Sea Vessels ($173M), Passenger and Cargo Ships ($91.7M), and Medical Instruments ($30.6M). During the last 27 years the exports of Romania to Norway have increased at an annualized rate of 12.1%, from $25.6M in 1995 to $559M in 2022.

In 2022, Norway exported $213M to Romania. The main products exported from Norway to Romania were Crude Petroleum ($61.4M), Non-fillet Fresh Fish ($16.6M), and Mixed Mineral or Chemical Fertilizers ($13M). During the last 27 years the exports of Norway to Romania have increased at an annualized rate of 7.77%, from $28.3M in 1995 to $213M in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Norway (Flag)

Romania Exports

Norway Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Norway
Top Destination
Germany$78.1B

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

In 2021, countries that imported more from Romania than Norway were Hungary ($6.75B), Bulgaria ($3.9B), and Italy ($9.55B).

In 2021, countries that imported more from Norway than Romania were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Romania - Norway

Flow
Scale

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

During 2022, Romania had a large net trade with Norway in the exports of Transportation ($277M), Machines ($107M), and Instruments ($40.1M).

During 2022, Norway had a large net trade with Romania in the exports of Mineral Products ($61.6M), Machines ($56.3M), and Animal Products ($25.5M).

Service Trade

Bilateral Service Trade

In 2020, Romania exported services to Norway worth $126M, with Computer and information services ($52.7M), Other business services ($34.7M), and Travel ($21.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Norway (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Romania has comparative advantage over Norway. Similarly, the more yellow a dot/product is, the more Norway has comparative advantage over Romania.

Product Space of Romania (Flag) and Norway (Flag) (2022)

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