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Trade between Norway and Switzerland

In 2024, Norway exported $599 million to Switzerland and imported $973 million. Norway ran a deficit of $374 million with Switzerland, compared with a deficit of $385 million in 2019. Switzerland was Norway’s 23rd largest trading partner (0.6% of its trade), and Norway was Switzerland’s 54th (0.2%).

Summary

Norway → Switzerland
$599million
Switzerland → Norway
$973million
Norway’s balance
-$374million

Balance

Norway’s trade balance with Switzerland

Trade between Norway and Switzerland grew 2.2-fold since 1995

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

  • Exports 0.6
  • Imports 1
  • Balance -0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$258 million$459 million-$201 million
1996$228 million$490 million-$262 million
1997$214 million$421 million-$208 million
1998$212 million$502 million-$290 million
1999$189 million$394 million-$205 million
2000$186 million$384 million-$198 million
2001$192 million$423 million-$232 million
2002$230 million$438 million-$208 million
2003$220 million$459 million-$238 million
2004$258 million$489 million-$231 million
2005$302 million$560 million-$258 million
2006$336 million$687 million-$351 million
2007$766 million$826 million-$59 million
2008$971 million$970 million$423 thousand
2009$629 million$754 million-$124 million
2010$725 million$785 million-$60 million
2011$803 million$1 billion-$213 million
2012$685 million$1.2 billion-$535 million
2013$503 million$1.1 billion-$643 million
2014$504 million$1.2 billion-$708 million
2015$405 million$904 million-$499 million
2016$510 million$861 million-$351 million
2017$462 million$970 million-$509 million
2018$473 million$960 million-$487 million
2019$459 million$844 million-$385 million
2020$479 million$808 million-$329 million
2021$533 million$943 million-$409 million
2022$591 million$835 million-$244 million
2023$600 million$916 million-$316 million
2024$599 million$973 million-$374 million

What they sell each other

What Norway sells to Switzerland

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

  1. Gold$184 million · 30.7%
    2 tonnes · Switzerland’s sources
  2. Fish fillets$49 million · 8.2%
    3 thousand tonnes
  3. Unwrought aluminum$36 million · 6%
    12 thousand tonnes · Norway’s destinations
  4. Fresh fish$30 million · 5.1%
    3 thousand tonnes
  5. 1 thousand tonnes
  6. Aluminum sheet$26 million · 4.3%
    6 thousand tonnes
  7. Firearm parts$24 million · 4%
    23 tonnes
  8. Other plastic articles$22 million · 3.7%
    91 tonnes
  9. Unwrought zinc$18 million · 3%
    6 thousand tonnes
  10. Alcohols$10 million · 1.7%
    29 thousand tonnes

What Switzerland sells to Norway

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

  1. Vaccines, blood and antisera$115 million · 11.9%
    15 tonnes · Switzerland’s destinations
  2. 1 thousand tonnes · Switzerland’s destinations
  3. 341 tonnes
  4. Other wristwatches$46 million · 4.8%
    17 tonnes
  5. Soft drinks$20 million · 2%
    12 thousand tonnes
  6. Coffee$20 million · 2%
    792 tonnes · Switzerland’s destinations
  7. Precious metal watches$19 million · 2%
    1 tonne
  8. 201 tonnes
  9. 225 tonnes
  10. 96 tonnes · Switzerland’s destinations

How it travels

Estimated sea route from Oslo to Rotterdam (Netherlands).

The estimated sea route between Oslo and Rotterdam (Netherlands) is 557 nautical miles (1,032 km) long: ≈ 1.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Switzerland is landlocked: it ships through Rotterdam (Netherlands).

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$554 million · 35.3%
  2. Air$1 billion · 64.7%

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

How much each matters to the other

Switzerland was Norway’s 23rd largest trading partner (0.6% of its trade), and Norway was Switzerland’s 54th (0.2%).

Switzerland in Norway’s trade
0.6%
Switzerland’s rank among Norway’s partners
23rd
Norway in Switzerland’s trade
0.2%
Norway’s rank among Switzerland’s partners
54th

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.