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Norway is the 36th largest export economy in the world and the 22nd most complex economy according to the Economic Complexity Index (ECI). In 2017, Norway exported $106B and imported $84.8B, resulting in a positive trade balance of $21.2B. In 2017 the GDP of Norway was $398B and its GDP per capita was $61.4k.

The top exports of Norway are Crude Petroleum ($28.1B), Petroleum Gas ($27.7B), Non-fillet Fresh Fish ($5.61B), Refined Petroleum ($4.81B) and Raw Aluminium ($3.12B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($6.29B), Iron Structures ($4.11B), Refined Petroleum ($2.28B), Broadcasting Equipment ($1.69B) and Packaged Medicaments ($1.64B).

The top export destinations of Norway are the United Kingdom ($21.4B), Germany ($16.4B), Sweden ($9B), the Netherlands ($7.88B) and France ($7.5B). The top import origins are Sweden ($10.1B), Germany ($9.6B), China ($8.17B), South Korea ($5.71B) and the United States ($5.5B).

Norway borders Finland, Russia and Sweden by land and Denmark, the United Kingdom, Iceland and Greenland by sea.

Economic Complexity of Norway

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