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2022
Flag → Flag
Exports $16.3BRnk 6 / 209
2022
Flag → Flag
Top Product $9.73BCrude Petroleum
2022
Flag → Flag
Exports $5.88BRnk 21 / 224
2022
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Top Product $1.29BRefined Petroleum
2022
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Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
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Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
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GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
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GDP PC$55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Norway-Netherlands Trade: In 2022, Norway exported $16.3B to Netherlands. The main products that Norway exported to Netherlands were Crude Petroleum ($9.73B), Raw Aluminium ($944M), and Non-fillet Fresh Fish ($802M). Over the past 5 years the exports of Norway to Netherlands have increased at an annualized rate of 11.1%, from $9.63B in 2017 to $16.3B in 2022.

In 2009, Norway exported services to Netherlands worth $1.22B, with Other business services ($427M), Transportation ($347M), and Travel ($276M) being the largest in terms of value.

Netherlands-Norway Trade: In 2022, Netherlands exported $5.88B to Norway. The main products that Netherlands exported to Norway were Refined Petroleum ($1.29B), Industrial Fatty Acids, Oils and Alcohols ($171M), and Broadcasting Equipment ($143M). Over the past 5 years the exports of Netherlands to Norway have increased at an annualized rate of 6.98%,  from $4.2B in 2017 to $5.88B in 2022.

In 2020, Netherlands exported services to Norway worth $1.63B, with Transportation ($562M), Other business services ($477M), and Royalties and license fees ($391M) being the largest in terms of value.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Latest Trends

October, 2024

About

Overview In October 2024, Norway exported NOK16.5B and imported NOK3.6B from Netherlands, resulting in a positive trade balance of NOK12.9B. Between October 2023 and October 2024 the exports of Norway have increased by NOK1.88B (12.8%) from NOK14.7B to NOK16.5B, while imports decreased by NOK-907M (-20.1%) from NOK4.51B to NOK3.6B.

Trade In October 2024, the top exports of Norway to Netherlands were Petroleum, petroleum products and related materials (NOK8.58B), Non-ferrous metals (NOK1.94B), Fish (not marine mammals), crustaceans, molluscs... (NOK723M), Gas, natural and manufactured (NOK454M), and Electric current (NOK364M). In October 2024 the top imports of Norway from Netherlands were Petroleum, petroleum products and related materials (NOK1.66B), Road vehicles (including air-cushion vehicles) (NOK218M), Crude animal and vegetable materials, n.e.s. (NOK123M), General industrial machinery and equipment, n.e.s.,... (NOK108M), and Beverages (NOK107M).

Growth In October 2024, the increase in Norway's year-by-year exports to Netherlands was explained primarily by an increase in product exports in Petroleum, petroleum products and related materials (NOK3.16B or 58.3%), Non-ferrous metals (NOK513M or 35.9%), and Organic chemicals (NOK173M or 614%). In October 2024, the decrease in Norway's year-by-year imports  from Netherlands was explained primarily by an decrease in product imports  in Electrical machinery, apparatus and appliances, n.e.s.,... (NOK-75.2M or -48.5%), Organic chemicals (NOK-73.5M or -45.2%), and Power-generating machinery and equipment (NOK-60.5M or -63.2%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)NOK1.88B(12.8%)
IMPORT GROWTH (October 2023 - October 2024)NOK-907M(-20.1%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Netherlands and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Netherlands and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $16.3B to Netherlands. The main products exported from Norway to Netherlands were Crude Petroleum ($9.73B), Raw Aluminium ($944M), and Non-fillet Fresh Fish ($802M). During the last 5 years the exports of Norway to Netherlands have increased at an annualized rate of 11.1%, from $9.63B in 2017 to $16.3B in 2022.

In 2017, Netherlands exported $5.88B to Norway. The main products exported from Netherlands to Norway were Refined Petroleum ($1.29B), Industrial Fatty Acids, Oils and Alcohols ($171M), and Broadcasting Equipment ($143M). During the last 5 years the exports of Netherlands to Norway have increased at an annualized rate of 6.98%, from $4.2B in 2022 to $5.88B in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Netherlands
Top DestinationGermany$131B

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

In 2022, countries that imported more from Norway than Netherlands included United Kingdom ($59.1B), Finland ($6.36B), and Bermuda ($310M).

In 2022, countries that imported more from Netherlands than Norway included Belgium ($94.3B), Germany ($131B), and France ($59.9B).

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

Comparative Advantage Norway - Netherlands

Flow
Scale

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

During 2022, Norway had a large net trade with Netherlands in the exports of Mineral Products ($11.6B), Metals ($2.37B), and Animal Products ($960M).

During 2017, Netherlands had a large net trade with Norway in the exports of Mineral Products ($1.53B), Machines ($951M), and Chemical Products ($824M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Netherlands+$1.17BPetroleum Gas
Top Product Potential Netherlands Norway+$45.6MCars

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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Bilateral Service Trade

In 2009, Norway exported services to Netherlands worth $1.22B, with Other business services ($427M), Transportation ($347M), and Travel ($276M) being the largest in terms of value.

In 2020, Netherlands exported services to Norway worth $1.63B, with Transportation ($562M), Other business services ($477M), and Royalties and license fees ($391M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Norway (Flag) to Netherlands (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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