Ukraine (UKR) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Ukraine-Norway Trade: In 2023, Ukraine exported $100M to Norway. The main products that Ukraine exported to Norway were Rapeseed Oil ($36.5M), Starch Residue ($6.25M), and Sports Equipment ($5.66M). Over the past 5 years the exports of Ukraine to Norway have increased at an annualized rate of 7.51%, from $69.7M in 2018 to $100M in 2023.

In 2023, Ukraine did not export any services to Norway.

Norway-Ukraine Trade: In 2023, Norway exported $456M to Ukraine. The main products that Norway exported to Ukraine were Non-fillet Fresh Fish ($174M), Explosive Ammunition ($57.3M), and Fish Fillets ($46.3M). Over the past 5 years the exports of Norway to Ukraine have increased at an annualized rate of 15.2%, from $225M in 2018 to $456M in 2023.

In 2023, Norway did not export any services to Ukraine.

Comparison: In 2023, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). That same year, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ukraine exported $100M to Norway. The main products exported from Ukraine to Norway were Rapeseed Oil ($36.5M), Starch Residue ($6.25M), and Sports Equipment ($5.66M). During the last 5 years the exports of Ukraine to Norway have increased at an annualized rate of 7.51%, from $69.7M in 2018 to $100M in 2023.

In 2018, Norway exported $456M to Ukraine. The main products exported from Norway to Ukraine were Non-fillet Fresh Fish ($174M), Explosive Ammunition ($57.3M), and Fish Fillets ($46.3M). During the last 5 years the exports of Norway to Ukraine have increased at an annualized rate of 15.2%, from $225M in 2023 to $456M in 2018.

Exports from Ukraine () to Norway () (2023)

Exports from Norway () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Norway ()

Ukraine Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$4.83B

Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from Ukraine than Norway included Romania ($3.56B), Turkey ($2.88B), and Moldova ($1.13B).

In 2023, countries that imported more from Norway than Ukraine included United Kingdom ($32.6B), Germany ($33.8B), and Sweden ($15.9B).

Difference in imports from Norway () and Ukraine () (2023)

Comparative Advantage Ukraine - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ukraine had a large net trade with Norway in the exports of Animal and Vegetable Bi-Products ($41.9M), Foodstuffs ($9.55M), and Miscellaneous ($7.69M).

During 2018, Norway had a large net trade with Ukraine in the exports of Animal Products ($276M), Weapons ($75.1M), and Transportation ($47.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Norway+$3.05MOther Furniture

Top Product Potential Norway Ukraine+$2.59MCars

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Norway () (2023)

Exports from Norway () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Norway ()

Ukraine Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Ukraine () (2023)

Comparative Advantage Ukraine - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ukraine () and Norway () (2023)

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