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Pricing

2022
Flag → Flag
Exports $66.9MRnk 67 / 209
2022
Flag → Flag
Top Product $61.5MFish: dried, salted, smoked or in brine
2022
Flag → Flag
Exports $4.78MRnk 28 / 109
2022
Flag → Flag
Top Product $4.43MOscilloscopes
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186

About

Norway-Republic of the Congo Trade: In 2022, Norway exported $66.9M to Republic of the Congo. The main products that Norway exported to Republic of the Congo were Fish: dried, salted, smoked or in brine ($61.5M), Thermostats ($622k), and Non-fillet Frozen Fish ($523k). Over the past 5 years the exports of Norway to Republic of the Congo have decreased at an annualized rate of 18.5%, from $187M in 2017 to $66.9M in 2022.

In 2022, Norway did not export any services to Republic of the Congo.

Republic of the Congo-Norway Trade: In 2022, Republic of the Congo exported $4.78M to Norway. The main products that Republic of the Congo exported to Norway were Oscilloscopes ($4.43M), Other Iron Products ($328k), and Nonaqueous Paints ($6.9k). Over the past 5 years the exports of Republic of the Congo to Norway have decreased at an annualized rate of 20.6%,  from $15.2M in 2017 to $4.78M in 2022.

In 2022, Republic of the Congo did not export any services to Norway.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Latest Trends

July, 2024

About

Overview In July 2024, Norway exported NOK58.9M and imported NOK241k from Republic of the Congo, resulting in a positive trade balance of NOK58.7M. Between July 2023 and July 2024 the exports of Norway have increased by NOK14.8M (33.6%) from NOK44.1M to NOK58.9M, while imports increased by NOK97k (67.4%) from NOK144k to NOK241k.

Trade In July 2024, the top exports of Norway to Republic of the Congo were Fish (not marine mammals), crustaceans, molluscs... (NOK52.3M), Power-generating machinery and equipment (NOK382k), Manufactures of metals, n.e.s. (NOK264k), General industrial machinery and equipment, n.e.s.,... (NOK226k), and Professional, scientific and controlling instruments and... (NOK206k). In July 2024 the top imports of Norway from Republic of the Congo were Articles of apparel and clothing accessories (NOK5k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0).

Growth In July 2024, the increase in Norway's year-by-year exports to Republic of the Congo was explained primarily by an increase in product exports in Fish (not marine mammals), crustaceans, molluscs... (NOK10.5M or 25.2%), Power-generating machinery and equipment (NOK240k or 169%), and Professional, scientific and controlling instruments and... (NOK177k or 610%). In July 2024, the increase in Norway's year-by-year imports  from Republic of the Congo was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)NOK14.8M(33.6%)
IMPORT GROWTH (July 2023 - July 2024)NOK97k(67.4%)

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 Republic of the Congo and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Republic of the Congo and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $66.9M to Republic of the Congo. The main products exported from Norway to Republic of the Congo were Fish: dried, salted, smoked or in brine ($61.5M), Thermostats ($622k), and Non-fillet Frozen Fish ($523k). During the last 5 years the exports of Norway to Republic of the Congo have decreased at an annualized rate of 18.5%, from $187M in 2017 to $66.9M in 2022.

In 2017, Republic of the Congo exported $4.78M to Norway. The main products exported from Republic of the Congo to Norway were Oscilloscopes ($4.43M), Other Iron Products ($328k), and Nonaqueous Paints ($6.9k). During the last 5 years the exports of Republic of the Congo to Norway have decreased at an annualized rate of 20.6%, from $15.2M in 2022 to $4.78M in 2017.

Exports from Norway (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Republic of the Congo
Top DestinationChina$4.82B

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

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

In 2022, countries that imported more from Republic of the Congo than Norway included United Arab Emirates ($1.87B), India ($2.44B), and Vietnam ($537M).

Difference in imports from Republic of the Congo (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Republic of the Congo

Flow
Scale

This chart compares trade between Norway and Republic of the Congo by product, considering products traded by both, Norway and Republic of the Congo.

During 2022, Norway had a large net trade with Republic of the Congo in the exports of Animal Products ($62.3M), Machines ($2.16M), and Instruments ($995k).

During 2017, Republic of the Congo had a large net trade with Norway in the exports of Instruments ($4.43M), Metals ($328k), and Machines ($11k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Republic of the Congo+$495kNon-fillet Frozen Fish
Top Product Potential Republic of the Congo Norway+$27.4kOther Iron Products

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 Norway and Republic of the Congo. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over Republic of the Congo. Similarly, a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Norway.

Product Space of Norway (Flag) and Republic of the Congo (Flag) (2022)

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