Exporter Rank

31 / 146

Importer Rank

27 / 145

Trade Balance Rank

68 / 145

Total Trade [1]

Total Exports (2016) $139,610,460,248
Total Imports (2016) $140,725,666,141
Trade Balance (2016) ($1,115,205,893)
Exports of goods and services (% of GDP) (2017) [2] 45.32%
Imports of goods and services (% of GDP) (2017) [2] 41.12%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Germany $14,308,492,682
Norway $14,119,983,244
United States $9,818,690,527
Denmark $9,703,089,232
Finland $9,394,261,152
United Kingdom $8,178,782,271
Netherlands $7,467,286,003
Belgium $6,345,341,433
France $6,056,842,847
China $5,336,022,628

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $26,476,328,076
Netherlands $11,738,785,220
Norway $11,602,718,611
Denmark $10,722,165,388
United Kingdom $7,275,375,579
Belgium $6,690,011,265
China $6,511,679,182
Finland $6,405,692,076
France $5,732,418,253
Poland $5,177,059,350

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

Top 10 Export Goods

HS Code Export USD$
(84) Industrial Machinery $21,429,684,037
(87) Motor Vehicles & Parts $17,722,372,926
(85) Electrical Machinery $14,437,521,341
(48) Paper $8,260,849,128
(27) Oil & Mineral Fuels $7,863,039,665
(30) Pharmaceuticals $7,185,327,385
(99) Items nesoi $5,597,277,077
(72) Iron & Steel $5,530,110,322
(39) Plastics $4,941,237,694
(03) Seafood $4,284,722,950

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $17,349,856,814
(87) Motor Vehicles & Parts $17,259,473,158
(85) Electrical Machinery $17,259,127,355
(27) Oil & Mineral Fuels $12,466,167,021
(99) Items nesoi $7,445,924,576
(03) Seafood $4,832,778,890
(39) Plastics $4,815,274,282
(30) Pharmaceuticals $4,254,867,634
(72) Iron & Steel $3,583,415,501
(90) Precision Instruments $3,559,818,259

Sources:

  1. UN Comtrade (2016) except where stated otherwise.
  2. The World Bank. Accessed: 6/29/2018
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