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Trade between Canada and Norway

In 2024, Canada exported $2.1 billion to Norway and imported $985 million. Canada ran a surplus of $1.1 billion with Norway, compared with a surplus of $1.2 billion in 2019. Norway was Canada’s 30th largest trading partner (0.3% of its trade), and Canada was Norway’s 16th (1%).

Summary

Canada → Norway
$2.1billion
Norway → Canada
$985million
Canada’s balance
$1.1billion

Balance

Canada’s trade balance with Norway

Trade between Canada and Norway grew 25% since 1995

USD billions (current). Canada’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 2.1
  • Imports 1
  • Balance +1.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$732 million$1.7 billion-$972 million
1996$846 million$2.1 billion-$1.2 billion
1997$729 million$2.4 billion-$1.7 billion
1998$746 million$1.7 billion-$944 million
1999$675 million$1.8 billion-$1.1 billion
2000$1 billion$3 billion-$2 billion
2001$1 billion$2.3 billion-$1.3 billion
2002$824 million$2.5 billion-$1.7 billion
2003$867 million$3 billion-$2.2 billion
2004$1.3 billion$3.8 billion-$2.5 billion
2005$1.5 billion$4.9 billion-$3.4 billion
2006$1.9 billion$4.7 billion-$2.8 billion
2007$3.6 billion$4.9 billion-$1.3 billion
2008$2.6 billion$5.7 billion-$3 billion
2009$1.7 billion$3.1 billion-$1.4 billion
2010$2.7 billion$2.7 billion-$57 million
2011$3.9 billion$4.2 billion-$333 million
2012$2.8 billion$3.4 billion-$647 million
2013$2.2 billion$1.6 billion$648 million
2014$2.5 billion$1.7 billion$782 million
2015$1.7 billion$835 million$896 million
2016$1.3 billion$1.2 billion$119 million
2017$1.9 billion$1.6 billion$339 million
2018$2.2 billion$1.2 billion$967 million
2019$2.3 billion$1.1 billion$1.2 billion
2020$2.3 billion$884 million$1.4 billion
2021$3.4 billion$823 million$2.6 billion
2022$3.7 billion$856 million$2.8 billion
2023$2.7 billion$683 million$2 billion
2024$2.1 billion$985 million$1.1 billion

What they sell each other

What Canada sells to Norway

The top 10 headings in 2024, with their share of the total.

  1. Nickel matte$1.4 billion · 66.7%
    106 thousand tonnes
  2. Copper matte$118 million · 5.8%
    16 thousand tonnes
  3. Precious metal scrap$72 million · 3.5%
    2 tonnes
  4. Vaccines, blood and antisera$54 million · 2.6%
    12 tonnes
  5. Slag and ash with metals$45 million · 2.2%
    2 tonnes
  6. Cobalt$40 million · 2%
    2 thousand tonnes
  7. Turbojets and gas turbines$26 million · 1.3%
    24 tonnes · Canada’s destinations
  8. Aircraft parts$23 million · 1.1%
    30 tonnes
  9. Soybeans$19 million · 0.94%
    34 thousand tonnes · Canada’s destinations
  10. Surveying instruments$17 million · 0.8%
    18 tonnes

What Norway sells to Canada

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$283 million · 28.8%
    502 thousand tonnes · Norway’s destinations
  2. Fish fillets$85 million · 8.7%
    7 thousand tonnes
  3. Cargo and cruise ships$56 million · 5.7%
    10 tonnes
  4. Refined petroleum$50 million · 5.1%
    88 thousand tonnes · Norway’s destinations
  5. Ferroalloys$45 million · 4.6%
    33 thousand tonnes
  6. Warships and other vessels$37 million · 3.7%
    1 tonne
  7. 4 thousand tonnes
  8. Fresh fish$18 million · 1.8%
    2 thousand tonnes
  9. 6 thousand tonnes
  10. Frozen fish$13 million · 1.4%
    5 thousand tonnes

How it travels

Estimated sea route from Vancouver to Oslo.

The estimated sea route between Vancouver and Oslo is 9,286 nautical miles (17,198 km) long: ≈ 21.5–27.5 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.4 billion · 79.5%
  2. Air$623 million · 20.5%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Norway was Canada’s 30th largest trading partner (0.3% of its trade), and Canada was Norway’s 16th (1%).

Norway in Canada’s trade
0.3%
Norway’s rank among Canada’s partners
30th
Canada in Norway’s trade
1.1%
Canada’s rank among Norway’s partners
16th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.