Summary
- Norway → Thailand
- $606million
- Thailand → Norway
- $615million
- Norway’s balance
- -$9million
Balance
Norway’s trade balance with Thailand
Trade between Norway and Thailand grew 3.6-fold since 1995
USD millions (current). Norway’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 606
- Imports 615
- Balance -9.4
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $237 million | $99 million | $138 million |
| 1996 | $170 million | $106 million | $63 million |
| 1997 | $188 million | $112 million | $76 million |
| 1998 | $75 million | $119 million | -$44 million |
| 1999 | $68 million | $113 million | -$45 million |
| 2000 | $76 million | $121 million | -$45 million |
| 2001 | $106 million | $106 million | -$11 thousand |
| 2002 | $111 million | $123 million | -$12 million |
| 2003 | $109 million | $164 million | -$55 million |
| 2004 | $124 million | $188 million | -$64 million |
| 2005 | $117 million | $207 million | -$90 million |
| 2006 | $186 million | $355 million | -$169 million |
| 2007 | $278 million | $349 million | -$71 million |
| 2008 | $352 million | $385 million | -$33 million |
| 2009 | $179 million | $310 million | -$132 million |
| 2010 | $303 million | $374 million | -$72 million |
| 2011 | $369 million | $427 million | -$58 million |
| 2012 | $394 million | $673 million | -$279 million |
| 2013 | $437 million | $425 million | $12 million |
| 2014 | $331 million | $636 million | -$306 million |
| 2015 | $276 million | $409 million | -$133 million |
| 2016 | $348 million | $412 million | -$64 million |
| 2017 | $382 million | $741 million | -$358 million |
| 2018 | $380 million | $429 million | -$49 million |
| 2019 | $470 million | $419 million | $51 million |
| 2020 | $390 million | $375 million | $15 million |
| 2021 | $629 million | $805 million | -$176 million |
| 2022 | $732 million | $538 million | $194 million |
| 2023 | $498 million | $584 million | -$86 million |
| 2024 | $606 million | $615 million | -$9 million |
What they sell each other
What Norway sells to Thailand
The top 10 headings in 2024, with their share of the total.
What Thailand sells to Norway
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Oslo and Laem Chabang is 13,309 nautical miles (24,649 km) long: ≈ 31–39.5 days at sea (at 18 and 14 knots).
Because of the 2024 disruptions, traffic is split: 85% via the Strait of Dover, the Cape of Good Hope and the Strait of Malacca and Singapore (13,309 nautical miles); and 15% via the Strait of Dover, the Strait of Gibraltar, the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (9,867 nautical miles).
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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Thailand was Norway’s 31st largest trading partner (0.5% of its trade), and Norway was Thailand’s 47th (0.2%).
- Thailand in Norway’s trade
- 0.5%
- Thailand’s rank among Norway’s partners
- 31st
- Norway in Thailand’s trade
- 0.2%
- Norway’s rank among Thailand’s partners
- 47th
Compare with
Other partners of Norway
Other partners of Thailand
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.