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How dependent is Sweden on Norway?

In 2024, Norway sold $14.1 billion to Sweden, 8% of its imports, ranking 3rd among its suppliers. Its share was 6.7% in 2019 and 7.3% in 1995. In 25 products it sells more than 50% of what Sweden buys of them (in 9, more than 75%); what Sweden buys from Norway in those products (dominated value) adds up to $8.7 billion, 5% of its imports.

Summary

Share of its imports
8%
Share of its imports from outside the EU
23.4%
Value imported
$14.1billion
Rank among its suppliers
3rd
Products where it sells over 50%
25
Products where it sells over 75%
9
Dominated value
$8.7billion
Share of total imports
5%

Trend

Trend in shares

Norway went from 7.3% to 8% of what Sweden buys

Share (%)

  • Norway 8%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19954,5867.3%4
19965,0867.8%3
19974,8497.5%4
19984,8997.4%4
19994,9447.7%3
20005,9678.4%3
20015,5058.6%2
20025,5608.2%4
20036,5067.8%4
20047,5717.6%3
20058,9778.1%3
200610,7418.5%3
200712,7828.4%3
200814,4618.9%3
200910,6459.1%2
201011,3287.9%3
201112,9447.8%3
201212,4117.8%3
201310,9947.3%4
201410,0506.6%4
20158,2786.3%5
20167,8155.9%5
20178,9396.2%4
201810,6706.7%4
201910,0556.7%3
202010,5807.6%3
202115,7019%3
202219,70810.4%2
202315,8518.8%3
202414,0618%3

Products where Norway sells more than half

ProductSupplierShareSecondValue
Crude petroleumNorway50.3%United States · 13.6%$5.6 billion
Fish filletsNorway85.7%over 75%Denmark · 3.6%$1.1 billion
Unwrought aluminumNorway73.8%Netherlands · 4.9%$389 million
Fresh fishNorway93.1%over 75%Denmark · 3.4%$337 million
ElectricityNorway52%Denmark · 19.3%$193 million
Dried, salted and smoked fishNorway84.8%over 75%Poland · 6.7%$189 million
Sawn woodNorway70.6%Estonia · 7.8%$151 million
NewsprintNorway93.9%over 75%Germany · 3.2%$135 million
Frozen fishNorway82.7%over 75%Netherlands · 5.3%$111 million
Soybean meal and pelletsNorway64.9%Netherlands · 16.6%$86 million
Halogenated hydrocarbonsNorway64.1%Germany · 11.9%$75 million
Gravel and crushed stoneNorway72%France · 9.5%$52 million
Dissolving wood pulpNorway95.1%over 75%France · 4.5%$51 million
PVC and other vinyl polymersNorway62.7%Germany · 14.1%$45 million
Unwrought zincNorway62.6%Finland · 13.9%$37 million
Plasterboard and plaster articlesNorway67.9%Denmark · 9.4%$32 million
Wood pulp lyes (lignosulfonates)Norway99%over 75%Germany · 0.44%$32 million
Soybean oilNorway88.7%over 75%United Kingdom · 3.3%$25 million
Tanned cattle hidesNorway52.4%Italy · 24.2%$20 million
Zinc dust and powderNorway72%India · 27%$12 million
Used clothingNorway74.4%India · 4.5%$11 million
Mechanical wood pulpNorway99%over 75%United States · 0.44%$8 million
Quartz and quartziteNorway71.9%Estonia · 11.3%$5 million
Cotton yarn put up for retail saleNorway59.5%China · 13%$4 million
FluoridesNorway62.8%Denmark · 11.9%$2 million

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from Norway

Sweden is Norway’s 4th-largest customer, with 8.2% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.