2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Saudi Arabia-Norway Trade: In 2022, Saudi Arabia exported $55.8M to Norway. The main products that Saudi Arabia exported to Norway were Ammonia ($34M), Acyclic Alcohols ($8.61M), and Ethylene Polymers ($3.1M). Over the past 5 years the exports of Saudi Arabia to Norway have increased at an annualized rate of 7.64%, from $38.6M in 2017 to $55.8M in 2022.

In 2022, Saudi Arabia did not export any services to Norway.

Norway-Saudi Arabia Trade: In 2022, Norway exported $152M to Saudi Arabia. The main products that Norway exported to Saudi Arabia were Non-fillet Fresh Fish ($40.2M), Fish Fillets ($20.3M), and Delivery Trucks ($11M). Over the past 5 years the exports of Norway to Saudi Arabia have decreased at an annualized rate of 3.23%,  from $179M in 2017 to $152M in 2022.

In 2022, Norway did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $55.8M to Norway. The main products exported from Saudi Arabia to Norway were Ammonia ($34M), Acyclic Alcohols ($8.61M), and Ethylene Polymers ($3.1M). During the last 5 years the exports of Saudi Arabia to Norway have increased at an annualized rate of 7.64%, from $38.6M in 2017 to $55.8M in 2022.

In 2017, Norway exported $152M to Saudi Arabia. The main products exported from Norway to Saudi Arabia were Non-fillet Fresh Fish ($40.2M), Fish Fillets ($20.3M), and Delivery Trucks ($11M). During the last 5 years the exports of Norway to Saudi Arabia have decreased at an annualized rate of 3.23%, from $179M in 2022 to $152M in 2017.

Exports from Saudi Arabia (Flag) to Norway (Flag) (2022)

Exports from Norway (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Norway (Flag)

Saudi Arabia Exports

Norway Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Saudi Arabia than Norway included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Norway than Saudi Arabia included Germany ($78.1B), United Kingdom ($59.1B), and Belgium ($20.3B).

Difference in imports from Norway (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Norway

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Norway in the exports of Chemical Products ($45.2M), Plastics and Rubbers ($6.47M), and Machines ($1.63M).

During 2017, Norway had a large net trade with Saudi Arabia in the exports of Animal Products ($71M), Machines ($29.8M), and Metals ($12.8M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Saudi Arabia and Norway. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Norway (Flag) (2022)

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