Exporter Rank

34 / 127

Importer Rank

35 / 127

Trade Balance Rank

23 / 127

Total Trade [1]

Total Exports (2019) $109,991,554,571
Total Imports (2019) $97,209,693,724
Trade Balance (2019) $12,781,860,847
Exports of goods and services (% of GDP) (2019) [2] 58.32%
Imports of goods and services (% of GDP) (2019) [2] 50.97%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Germany $15,066,491,294
Sweden $10,848,038,040
Norway $6,372,629,375
United Kingdom $6,090,728,189
Netherlands $5,357,043,768
United States $5,194,240,882
China $3,803,406,025
Poland $3,370,942,337
France $3,244,281,289
Italy $2,330,676,259

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $21,006,193,187
Sweden $11,646,639,195
Netherlands $7,653,823,880
China $7,064,541,922
Norway $4,091,343,300
Poland $4,050,130,527
United Kingdom $3,653,101,720
United States $3,326,311,275
Italy $3,183,512,370
Belgium $2,958,798,416

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

Top 10 Export Goods

HS Code Export USD$
(30) Pharmaceuticals $17,478,296,302
(84) Industrial Machinery $15,377,644,869
(85) Electrical Machinery $9,742,075,454
(27) Oil & Mineral Fuels $4,915,570,870
(90) Precision Instruments $4,018,396,506
(02) Meat $3,796,366,322
(94) Furniture $3,079,928,590
(87) Motor Vehicles & Parts $3,079,095,174
(03) Seafood $2,894,755,510
(04) Dairy Products $2,707,086,194

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $12,157,804,856
(85) Electrical Machinery $9,904,381,565
(87) Motor Vehicles & Parts $8,370,074,309
(27) Oil & Mineral Fuels $6,594,256,269
(30) Pharmaceuticals $4,471,415,967
(39) Plastics $3,885,554,135
(90) Precision Instruments $2,862,026,136
(73) Iron & Steel Articles $2,678,683,651
(62) Apparel: Non Knit $2,651,675,841
(94) Furniture $2,518,575,616

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 1/31/2021
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