2022
Flag  
GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
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GDP PC 
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186
2022
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GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Ukraine-Norway In 2022, Ukraine exported $52.2M to Norway. The main products that Ukraine exported to Norway are Non-Iron and Steel Slag, Ash and Residues ($4.69M), Recreational Boats ($4.36M), and Ferroalloys ($3.42M). During the last 27 years the exports of Ukraine to Norway have increased at an annualized rate of 3.65%, from $19.8M in 1995 to $52.2M in 2022.

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

Norway-Ukraine In 2022, Norway exported $335M to Ukraine. The main products that Norway exported to Ukraine were Non-fillet Fresh Fish ($124M), Explosive Ammunition ($76.4M), and Non-fillet Frozen Fish ($27.5M). During the last 27 years the exports of Norway to Ukraine have increased at an annualized rate of 9.66%, from $27.8M in 1995 to $335M in 2022.

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

Comparison In 2022,  Ukraine ranked 43 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ukraine exported $52.2M to Norway. The main products exported from Ukraine to Norway were Non-Iron and Steel Slag, Ash and Residues ($4.69M), Recreational Boats ($4.36M), and Ferroalloys ($3.42M). During the last 27 years the exports of Ukraine to Norway have increased at an annualized rate of 3.65%, from $19.8M in 1995 to $52.2M in 2022.

In 2022, Norway exported $335M to Ukraine. The main products exported from Norway to Ukraine were Non-fillet Fresh Fish ($124M), Explosive Ammunition ($76.4M), and Non-fillet Frozen Fish ($27.5M). During the last 27 years the exports of Norway to Ukraine have increased at an annualized rate of 9.66%, from $27.8M in 1995 to $335M in 2022.

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

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

Latest Data

Trade between Ukraine (Flag) and Norway (Flag)

Ukraine Exports

Norway Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Norway
Top Destination
Germany$78.1B

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

In 2021, countries that imported more from Ukraine than Norway were Romania ($3.94B), Hungary ($2.28B), and Turkey ($3.02B).

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

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

Comparative Advantage Ukraine - Norway

Flow
Scale

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

During 2022, Ukraine had a large net trade with Norway in the exports of Machines ($7.74M), Textiles ($7.34M), and Transportation ($6.35M).

During 2022, Norway had a large net trade with Ukraine in the exports of Animal Products ($175M), Weapons ($82.7M), and Metals ($21.1M).

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 Ukraine has comparative advantage over Norway. Similarly, the more yellow a dot/product is, the more Norway has comparative advantage over Ukraine.

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

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