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Norway is the 30th largest export economy in the world and the 24th most complex economy according to the Economic Complexity Index (ECI). In 2016, Norway exported $89.4B and imported $72.3B, resulting in a positive trade balance of $17.1B. In 2016 the GDP of Norway was $370B and its GDP per capita was $59.3k.

The top exports of Norway are Crude Petroleum ($22.8B), Petroleum Gas ($20.7B), Non-fillet Fresh Fish ($6.4B), Unspecified ($3.49B) and Refined Petroleum ($3.21B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($5.15B), Passenger and Cargo Ships ($2.14B), Refined Petroleum ($1.8B), Computers ($1.46B) and Packaged Medicaments ($1.33B).

The top export destinations of Norway are the United Kingdom ($18.5B), Germany ($12.8B), the Netherlands ($9.5B), France ($6.13B) and Sweden ($5.76B). The top import origins are Sweden ($14.1B), Germany ($10B), Denmark ($5.87B), the Netherlands ($4.21B) and the United Kingdom ($4.14B).

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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