Angola (AGO) and Norway (NOR) Trade | The Observatory of Economic Complexity

About

Angola-Norway Trade: In 2022, Angola exported $26M to Norway. The main products that Angola exported to Norway were Other Sea Vessels ($11.4M), Tug Boats ($4.01M), and Machinery Having Individual Functions ($2.91M). Over the past 5 years the exports of Angola to Norway have decreased at an annualized rate of 11.3%, from $47.5M in 2017 to $26M in 2022.

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

Norway-Angola Trade: In 2022, Norway exported $116M to Angola. The main products that Norway exported to Angola were Liquid Pumps ($15M), Valves ($13.8M), and Fish: dried, salted, smoked or in brine ($11.1M). Over the past 5 years the exports of Norway to Angola have decreased at an annualized rate of 8.86%, from $184M in 2017 to $116M in 2022.

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

Comparison: In 2022, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Angola exported $26M to Norway. The main products exported from Angola to Norway were Other Sea Vessels ($11.4M), Tug Boats ($4.01M), and Machinery Having Individual Functions ($2.91M). During the last 5 years the exports of Angola to Norway have decreased at an annualized rate of 11.3%, from $47.5M in 2017 to $26M in 2022.

In 2017, Norway exported $116M to Angola. The main products exported from Norway to Angola were Liquid Pumps ($15M), Valves ($13.8M), and Fish: dried, salted, smoked or in brine ($11.1M). During the last 5 years the exports of Norway to Angola have decreased at an annualized rate of 8.86%, from $184M in 2022 to $116M in 2017.

Exports from Angola () to Norway () (2022)

Exports from Norway () to Angola () (2022)

Latest Data

Trade between Angola () and Norway ()

Angola Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Angola than Norway included China ($21.8B), India ($4.81B), and United Arab Emirates ($3.63B).

In 2022, countries that imported more from Norway than Angola included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway () and Angola () (2022)

Comparative Advantage Angola - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Angola had a large net trade with Norway in the exports of Transportation ($15.5M), Machines ($7.59M), and Instruments ($1.73M).

During 2017, Norway had a large net trade with Angola in the exports of Machines ($65.2M), Metals ($19.2M), and Instruments ($12.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Norway+$327kValves

Top Product Potential Norway Angola+$478kComputers

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Angola () to Norway () (2022)

Exports from Norway () to Angola () (2022)

Latest Data

Trade between Angola () and Norway ()

Angola Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Angola () (2022)

Comparative Advantage Angola - Norway

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Angola () and Norway () (2022)

Keep Exploring