Summary
- Norway → Sweden
- $14.1billion
- Sweden → Norway
- $11.1billion
- Norway’s balance
- $3billion
Balance
Norway’s trade balance with Sweden
Trade between Norway and Sweden grew 2.6-fold since 1995
USD billions (current). Norway’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 14.1
- Imports 11.1
- Balance +3
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $4.6 billion | $5.1 billion | -$546 million |
| 1996 | $5.1 billion | $5.9 billion | -$864 million |
| 1997 | $4.8 billion | $5.7 billion | -$844 million |
| 1998 | $4.9 billion | $5.7 billion | -$772 million |
| 1999 | $4.9 billion | $5.3 billion | -$322 million |
| 2000 | $6 billion | $5.2 billion | $755 million |
| 2001 | $5.5 billion | $5.2 billion | $277 million |
| 2002 | $5.6 billion | $5.7 billion | -$105 million |
| 2003 | $6.5 billion | $6.7 billion | -$174 million |
| 2004 | $7.6 billion | $7.8 billion | -$249 million |
| 2005 | $9 billion | $8.3 billion | $715 million |
| 2006 | $10.7 billion | $9.8 billion | $962 million |
| 2007 | $12.8 billion | $11.9 billion | $865 million |
| 2008 | $14.5 billion | $12.9 billion | $1.6 billion |
| 2009 | $10.6 billion | $9.7 billion | $929 million |
| 2010 | $11.3 billion | $11.1 billion | $202 million |
| 2011 | $12.9 billion | $12.5 billion | $479 million |
| 2012 | $12.4 billion | $12.1 billion | $276 million |
| 2013 | $11 billion | $12.3 billion | -$1.3 billion |
| 2014 | $10 billion | $11.3 billion | -$1.2 billion |
| 2015 | $8.3 billion | $9.2 billion | -$924 million |
| 2016 | $7.8 billion | $9 billion | -$1.2 billion |
| 2017 | $8.9 billion | $10.1 billion | -$1.2 billion |
| 2018 | $10.7 billion | $10.9 billion | -$191 million |
| 2019 | $10.1 billion | $10.6 billion | -$511 million |
| 2020 | $10.6 billion | $9.1 billion | $1.4 billion |
| 2021 | $15.7 billion | $11.6 billion | $4.1 billion |
| 2022 | $19.7 billion | $13.6 billion | $6.1 billion |
| 2023 | $15.9 billion | $10.9 billion | $4.9 billion |
| 2024 | $14.1 billion | $11.1 billion | $3 billion |
What they sell each other
What Norway sells to Sweden
The top 10 headings in 2024, with their share of the total.
What Sweden sells to Norway
The top 10 headings in 2024, with their share of the total.
How it travels
Norway and Sweden traded $25.1 billion in 2024 (both directions together). They trade mostly over land: 81% of the value travels by truck, rail or pipeline.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Sweden was Norway’s 3rd largest trading partner (9% of its trade), and Norway was Sweden’s 4th (7%).
- Sweden in Norway’s trade
- 9.2%
- Sweden’s rank among Norway’s partners
- 3rd
- Norway in Sweden’s trade
- 7%
- Norway’s rank among Sweden’s partners
- 4th
Compare with
Other partners of Norway
Other partners of Sweden
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.