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Pricing

2022
Flag → Flag
Exports $4.79MRnk 124 / 209
2022
Flag → Flag
Top Product $1.9MNon-fillet Fresh Fish
2022
Flag → Flag
Exports $1.13MRnk 38 / 123
2022
Flag → Flag
Top Product $503kIron Housewares
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$22BCURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP GROWTH-49.1%CURRENT US$
Rnk 185 / 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$31,618CURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP PC GROWTH-57.3%CURRENT US$
Rnk 184 / 186

About

Norway-Macau Trade: In 2022, Norway exported $4.79M to Macau. The main products that Norway exported to Macau were Non-fillet Fresh Fish ($1.9M), Packaged Medicaments ($556k), and Trunks and Cases ($470k). Over the past 5 years the exports of Norway to Macau have decreased at an annualized rate of 12.9%, from $9.54M in 2017 to $4.79M in 2022.

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

Macau-Norway Trade: In 2022, Macau exported $1.13M to Norway. The main products that Macau exported to Norway were Iron Housewares ($503k), Electrical Transformers ($196k), and Leather Footwear ($164k). Over the past 5 years the exports of Macau to Norway have decreased at an annualized rate of 6.54%,  from $1.58M in 2017 to $1.13M in 2022.

In 2022, Macau 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, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Norway exported NOK2.36M and imported NOK722k from Macau, resulting in a positive trade balance of NOK1.64M. Between July 2023 and July 2024 the exports of Norway have decreased by NOK-895k (-27.5%) from NOK3.25M to NOK2.36M, while imports increased by NOK260k (56.3%) from NOK462k to NOK722k.

Trade In July 2024, the top exports of Norway to Macau were Articles of apparel and clothing accessories (NOK1.26M), Fish (not marine mammals), crustaceans, molluscs... (NOK901k), Essential oils and resinoids and perfume... (NOK86k), General industrial machinery and equipment, n.e.s.,... (NOK74k), and Miscellaneous manufactured articles, n.e.s. (NOK73k). In July 2024 the top imports of Norway from Macau were Articles of apparel and clothing accessories (NOK171k), Telecommunications and sound-recording and reproducing apparatus... (NOK31k), Footwear (NOK20k), General industrial machinery and equipment, n.e.s.,... (NOK12k), and Professional, scientific and controlling instruments and... (NOK12k).

Growth In July 2024, the decrease in Norway's year-by-year exports to Macau was explained primarily by an decrease in product exports in Travel goods, handbags and similar containers (NOK-382k or -100%), Fish (not marine mammals), crustaceans, molluscs... (NOK-157k or -14.8%), and Miscellaneous manufactured articles, n.e.s. (NOK-17k or -18.9%). In July 2024, the increase in Norway's year-by-year imports  from Macau was explained primarily by an increase in product imports  in Articles of apparel and clothing accessories (NOK106k or 163%) and Footwear (NOK14k or 233%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)NOK-895k(-27.5%)
IMPORT GROWTH (July 2023 - July 2024)NOK260k(56.3%)

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 Macau and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Macau and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $4.79M to Macau. The main products exported from Norway to Macau were Non-fillet Fresh Fish ($1.9M), Packaged Medicaments ($556k), and Trunks and Cases ($470k). During the last 5 years the exports of Norway to Macau have decreased at an annualized rate of 12.9%, from $9.54M in 2017 to $4.79M in 2022.

In 2017, Macau exported $1.13M to Norway. The main products exported from Macau to Norway were Iron Housewares ($503k), Electrical Transformers ($196k), and Leather Footwear ($164k). During the last 5 years the exports of Macau to Norway have decreased at an annualized rate of 6.54%, from $1.58M in 2022 to $1.13M in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Macau
Top DestinationHong Kong$1.22B

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

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

In 2022, countries that imported more from Macau than Norway included Hong Kong ($1.22B), Madagascar ($547k), and Timor-Leste ($181k).

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

Comparative Advantage Norway - Macau

Flow
Scale

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

During 2022, Norway had a large net trade with Macau in the exports of Animal Products ($2.48M), Chemical Products ($613k), and Animal Hides ($520k).

During 2017, Macau had a large net trade with Norway in the exports of Metals ($513k), Machines ($209k), and Footwear and Headwear ($168k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Macau+N/AN/A
Top Product Potential Macau Norway+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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