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Pricing

2022
Flag → Flag
Exports $439MRnk 30 / 209
2022
Flag → Flag
Top Product $124MNon-fillet Fresh Fish
2022
Flag → Flag
Exports $529MRnk 47 / 210
2022
Flag → Flag
Top Product $62.6MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.58Rnk 41 / 124
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Norway-Chinese Taipei In 2022, Norway exported $439M to Chinese Taipei. The main products that Norway exported to Chinese Taipei are Non-fillet Fresh Fish ($124M), Ferroalloys ($68M), and Refined Petroleum ($59.9M). During the last 27 years the exports of Norway to Chinese Taipei have increased at an annualized rate of 5.2%, from $112M in 1995 to $439M in 2022.

In 2022, Norway did not export any services to Chinese Taipei.

Chinese Taipei-Norway In 2022, Chinese Taipei exported $529M to Norway. The main products that Chinese Taipei exported to Norway were Broadcasting Equipment ($62.6M), Integrated Circuits ($42.3M), and Large Flat-Rolled Stainless Steel ($35.5M). During the last 27 years the exports of Chinese Taipei to Norway have increased at an annualized rate of 3.06%, from $235M in 1995 to $529M in 2022.

In 2022, Chinese Taipei did not export any services to Norway.

Comparison In 2022,  Norway ranked 41 in the Economic Complexity Index (ECI 0.58),  and 28 in total exports ($285B). That same year, Chinese Taipei ranked 11 in total exports ($542B), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, Norway exported NOK188M and imported NOK498M from Chinese Taipei, resulting in a negative trade balance of NOK310M. Between February 2023 and February 2024 the exports of Norway have increased by NOK780k (0.42%) from NOK187M to NOK188M, while imports decreased by NOK-123M (-19.8%) from NOK621M to NOK498M.

Trade In February 2024, the top exports of Norway to Chinese Taipei were Fish (not marine mammals), crustaceans, molluscs... (NOK110M), Iron and steel (NOK21.1M), Professional, scientific and controlling instruments and... (NOK6.1M), Non-ferrous metals (NOK5.63M), and Machinery specialized for particular industries (NOK5.62M). In February 2024 the top imports of Norway from Chinese Taipei were Telecommunications and sound-recording and reproducing apparatus... (NOK105M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK94.2M), Office machines and automatic data-processing machines (NOK65.3M), Manufactures of metals, n.e.s. (NOK65.1M), and Road vehicles (including air-cushion vehicles) (NOK59.3M).

Growth In February 2024, the increase in Norway's year-by-year exports to Chinese Taipei was explained primarily by an increase in product exports in Machinery specialized for particular industries (NOK5.41M or 2.52k%), Chemical materials and products, n.e.s. (NOK4.43M or 1.05k%), and Professional, scientific and controlling instruments and... (NOK4.14M or 211%). In February 2024, the decrease in Norway's year-by-year imports  from Chinese Taipei was explained primarily by an decrease in product imports  in Miscellaneous manufactured articles, n.e.s. (NOK-18.2M or -45.6%), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK-16.4M or -14.8%), and Chemical materials and products, n.e.s. (NOK-14.7M or -97.5%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (February 2023 - February 2024)NOK780k(0.42%)
IMPORT GROWTH (February 2023 - February 2024)NOK-123M(-19.8%)

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 Chinese Taipei and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $439M to Chinese Taipei. The main products exported from Norway to Chinese Taipei were Non-fillet Fresh Fish ($124M), Ferroalloys ($68M), and Refined Petroleum ($59.9M). During the last 27 years the exports of Norway to Chinese Taipei have increased at an annualized rate of 5.2%, from $112M in 1995 to $439M in 2022.

In 2022, Chinese Taipei exported $529M to Norway. The main products exported from Chinese Taipei to Norway were Broadcasting Equipment ($62.6M), Integrated Circuits ($42.3M), and Large Flat-Rolled Stainless Steel ($35.5M). During the last 27 years the exports of Chinese Taipei to Norway have increased at an annualized rate of 3.06%, from $235M in 1995 to $529M in 2022.

Exports from Norway (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Chinese Taipei
Top DestinationChina$121B

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

In 2021, countries that imported more from Norway than Chinese Taipei were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Chinese Taipei than Norway were China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Chinese Taipei

Flow
Scale

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

During 2022, Norway had a large net trade with Chinese Taipei in the exports of Animal Products ($171M), Metals ($100M), and Mineral Products ($61.7M).

During 2022, Chinese Taipei had a large net trade with Norway in the exports of Machines ($257M), Metals ($109M), and Transportation ($54.4M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Norway has comparative advantage over Chinese Taipei. Similarly, the more yellow a dot/product is, the more Chinese Taipei has comparative advantage over Norway.

Product Space of Norway (Flag) and Chinese Taipei (Flag) (2022)

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