Exporter Rank

35 / 138

Importer Rank

35 / 138

Trade Balance Rank

30 / 138

Total Trade [1]

Total Exports (2021) $125,014,614,347
Total Imports (2021) $121,784,025,735
Trade Balance (2021) $3,230,588,612
Exports of goods and services (% of GDP) (2022) [2] 69.31%
Imports of goods and services (% of GDP) (2022) [2] 58.69%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Germany $16,167,690,196
Sweden $11,630,394,208
Norway $7,165,777,136
United Kingdom $6,285,190,278
United States $5,921,059,170
Netherlands $5,873,940,888
China $4,366,826,441
Poland $4,199,370,305
France $3,750,073,576
Italy $2,743,400,715

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $25,133,194,322
Sweden $15,384,759,196
Netherlands $10,029,830,441
China $9,802,665,670
Poland $5,338,771,862
Norway $4,666,778,624
United States $4,411,518,114
Italy $4,116,040,686
Belgium $3,914,766,545
France $3,597,526,138

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(30) Pharmaceuticals $19,444,268,534
(84) Industrial Machinery $16,614,820,774
(85) Electrical Machinery $9,553,299,178
(27) Oil & Mineral Fuels $6,119,915,334
(90) Precision Instruments $4,700,335,068
(02) Meat $4,307,307,287
(94) Furniture $3,912,827,655
(87) Motor Vehicles & Parts $3,780,208,101
(03) Seafood $3,552,417,270
(39) Plastics $3,139,521,205

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $14,685,098,145
(85) Electrical Machinery $11,567,551,484
(27) Oil & Mineral Fuels $10,136,375,464
(87) Motor Vehicles & Parts $9,836,223,997
(30) Pharmaceuticals $6,542,466,380
(39) Plastics $5,352,546,621
(73) Iron & Steel Articles $3,594,686,582
(94) Furniture $3,541,342,844
(90) Precision Instruments $3,418,983,733
(72) Iron & Steel $3,129,639,244

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 9/11/2023
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