2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 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

United Arab Emirates-Norway Trade: In 2022, United Arab Emirates exported $316M to Norway. The main products that United Arab Emirates exported to Norway were Refined Petroleum ($160M), Raw Aluminium ($83.2M), and Rapeseed Oil ($10.7M). Over the past 5 years the exports of United Arab Emirates to Norway have increased at an annualized rate of 41.2%, from $56.2M in 2017 to $316M in 2022.

In 2022, United Arab Emirates did not export any services to Norway.

Norway-United Arab Emirates Trade: In 2022, Norway exported $394M to United Arab Emirates. The main products that Norway exported to United Arab Emirates were Non-fillet Fresh Fish ($65.7M), Passenger and Cargo Ships ($59.2M), and Crude Petroleum ($48.8M). Over the past 5 years the exports of Norway to United Arab Emirates have decreased at an annualized rate of 5.23%,  from $515M in 2017 to $394M in 2022.

In 2022, Norway did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). 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, United Arab Emirates exported $316M to Norway. The main products exported from United Arab Emirates to Norway were Refined Petroleum ($160M), Raw Aluminium ($83.2M), and Rapeseed Oil ($10.7M). During the last 5 years the exports of United Arab Emirates to Norway have increased at an annualized rate of 41.2%, from $56.2M in 2017 to $316M in 2022.

In 2017, Norway exported $394M to United Arab Emirates. The main products exported from Norway to United Arab Emirates were Non-fillet Fresh Fish ($65.7M), Passenger and Cargo Ships ($59.2M), and Crude Petroleum ($48.8M). During the last 5 years the exports of Norway to United Arab Emirates have decreased at an annualized rate of 5.23%, from $515M in 2022 to $394M in 2017.

Exports from United Arab Emirates (Flag) to Norway (Flag) (2022)

Exports from Norway (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Norway (Flag)

United Arab Emirates Exports

Norway Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from United Arab Emirates than Norway included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

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

Difference in imports from Norway (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Norway

Flow
Scale

This chart compares trade between United Arab Emirates and Norway by product, considering products traded by both, United Arab Emirates and Norway.

During 2022, United Arab Emirates had a large net trade with Norway in the exports of Mineral Products ($160M), Metals ($88.5M), and Machines ($31.7M).

During 2017, Norway had a large net trade with United Arab Emirates in the exports of Machines ($97.2M), Animal Products ($77M), and Transportation ($63.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Norway+$80.9MRefined Petroleum
Top Product Potential Norway United Arab Emirates+$43.2MCrude Petroleum

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

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

Product Space of United Arab Emirates (Flag) and Norway (Flag) (2022)

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