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2022
Flag → Flag
Exports $31.2MRnk 85 / 209
2022
Flag → Flag
Top Product $15.2MFerroalloys
2022
Flag → Flag
Exports $48.8MRnk 42 / 125
2022
Flag → Flag
Top Product $47.7MAmmonia
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.64Rnk 95 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH-8.2%CURRENT US$
Rnk 173 / 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$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH-23.8%CURRENT US$
Rnk 175 / 186

About

Norway-Algeria Trade: In 2022, Norway exported $31.2M to Algeria. The main products that Norway exported to Algeria were Ferroalloys ($15.2M), Carboxyimide Compounds ($3.44M), and Plastic Pipes ($2.2M). Over the past 5 years the exports of Norway to Algeria have decreased at an annualized rate of 14.5%, from $68.4M in 2017 to $31.2M in 2022.

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

Algeria-Norway Trade: In 2022, Algeria exported $48.8M to Norway. The main products that Algeria exported to Norway were Ammonia ($47.7M), Hydrogen ($915k), and Tropical Fruits ($89.4k). Over the past 5 years the exports of Algeria to Norway have increased at an annualized rate of 6.54%,  from $35.5M in 2017 to $48.8M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Latest Trends

July, 2024

About

Overview In July 2024, Norway exported NOK13.8M and imported NOK107M from Algeria, resulting in a negative trade balance of NOK93.5M. Between July 2023 and July 2024 the exports of Norway have decreased by NOK-40.4M (-74.5%) from NOK54.3M to NOK13.8M, while imports increased by NOK105M (4.12k%) from NOK2.55M to NOK107M.

Trade In July 2024, the top exports of Norway to Algeria were Medicinal and pharmaceutical products (NOK4.9M), Crude fertilizers, other than those of... (NOK730k), Telecommunications and sound-recording and reproducing apparatus... (NOK521k), Machinery specialized for particular industries (NOK145k), and Road vehicles (including air-cushion vehicles) (NOK129k). In July 2024 the top imports of Norway from Algeria were Inorganic chemicals (NOK225M), Iron and steel (NOK320k), Essential oils and resinoids and perfume... (NOK10k), General industrial machinery and equipment, n.e.s.,... (NOK5k), and Articles of apparel and clothing accessories (NOK5k).

Growth In July 2024, the decrease in Norway's year-by-year exports to Algeria was explained primarily by an decrease in product exports in Non-ferrous metals (NOK-1.75M or -100%), Professional, scientific and controlling instruments and... (NOK-105k or -100%), and Machinery specialized for particular industries (NOK-51k or -26%). In July 2024, the increase in Norway's year-by-year imports  from Algeria was explained primarily by an increase in product imports  in Inorganic chemicals (NOK223M or 11.5k%) and Essential oils and resinoids and perfume... (NOK9k or 900%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)NOK-40.4M(-74.5%)
IMPORT GROWTH (July 2023 - July 2024)NOK105M(4.12k%)

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 Algeria and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Algeria and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $31.2M to Algeria. The main products exported from Norway to Algeria were Ferroalloys ($15.2M), Carboxyimide Compounds ($3.44M), and Plastic Pipes ($2.2M). During the last 5 years the exports of Norway to Algeria have decreased at an annualized rate of 14.5%, from $68.4M in 2017 to $31.2M in 2022.

In 2017, Algeria exported $48.8M to Norway. The main products exported from Algeria to Norway were Ammonia ($47.7M), Hydrogen ($915k), and Tropical Fruits ($89.4k). During the last 5 years the exports of Algeria to Norway have increased at an annualized rate of 6.54%, from $35.5M in 2022 to $48.8M in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Algeria
Top DestinationItaly$16.9B

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

In 2022, countries that imported more from Norway than Algeria included Germany ($78.1B), United Kingdom ($59.1B), and Belgium ($20.3B).

In 2022, countries that imported more from Algeria than Norway included Italy ($16.9B), Spain ($7.11B), and Tunisia ($1.54B).

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

Comparative Advantage Norway - Algeria

Flow
Scale

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

During 2022, Norway had a large net trade with Algeria in the exports of Metals ($16.2M), Machines ($5.45M), and Chemical Products ($3.92M).

During 2017, Algeria had a large net trade with Norway in the exports of Chemical Products ($48.6M), Vegetable Products ($89.4k), and Machines ($13.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Algeria+$1.02MPackaged Medicaments
Top Product Potential Algeria Norway+$1.16MHydrogen

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

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

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