Exporter Rank

28 / 119

Importer Rank

26 / 119

Trade Balance Rank

79 / 119

Total Trade [1]

Total Exports (2018) $165,958,909,216
Total Imports (2018) $170,106,748,278
Trade Balance (2018) ($4,147,839,062)
Exports of goods and services (% of GDP) (2018) [2] 47.04%
Imports of goods and services (% of GDP) (2018) [2] 43.89%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Germany $17,626,372,975
Norway $17,246,695,008
Finland $11,529,797,519
Denmark $11,439,475,627
United States $10,691,696,813
Netherlands $9,644,450,662
United Kingdom $9,187,166,539
China $7,690,178,965
France $6,983,064,472
Belgium $6,549,058,329

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $30,481,478,645
Netherlands $15,980,132,095
Norway $14,699,783,602
Denmark $12,028,268,991
United Kingdom $8,462,554,955
Finland $8,074,284,289
China $7,703,573,140
Belgium $7,191,383,862
Poland $6,823,274,013
France $6,307,205,575

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

Top 10 Export Goods

HS Code Export USD$
(84) Industrial Machinery $25,386,309,333
(87) Motor Vehicles & Parts $23,596,281,640
(85) Electrical Machinery $14,622,668,367
(27) Oil & Mineral Fuels $12,360,815,369
(48) Paper $8,955,791,949
(30) Pharmaceuticals $8,650,620,826
(99) Items nesoi $7,229,935,960
(72) Iron & Steel $7,135,441,636
(39) Plastics $5,564,523,432
(03) Seafood $4,685,302,130

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $21,342,569,205
(27) Oil & Mineral Fuels $20,201,763,232
(87) Motor Vehicles & Parts $19,225,184,269
(85) Electrical Machinery $19,208,072,112
(99) Items nesoi $8,393,443,630
(39) Plastics $5,755,412,028
(72) Iron & Steel $5,280,775,742
(03) Seafood $5,200,682,497
(30) Pharmaceuticals $4,611,328,938
(73) Iron & Steel Articles $4,028,264,788

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 9/30/2019
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