Summary
- Norway → Vietnam
- $424million
- Vietnam → Norway
- $1.1billion
- Norway’s balance
- -$684million
Balance
Norway’s trade balance with Vietnam
Trade between Norway and Vietnam grew 78.6-fold since 1995
USD billions (current). Norway’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 0.4
- Imports 1.1
- Balance -0.7
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $3 million | $16 million | -$13 million |
| 1996 | $3 million | $24 million | -$20 million |
| 1997 | $4 million | $35 million | -$31 million |
| 1998 | $3 million | $42 million | -$39 million |
| 1999 | $3 million | $43 million | -$40 million |
| 2000 | $10 million | $44 million | -$34 million |
| 2001 | $7 million | $46 million | -$39 million |
| 2002 | $9 million | $51 million | -$42 million |
| 2003 | $11 million | $72 million | -$61 million |
| 2004 | $24 million | $88 million | -$64 million |
| 2005 | $22 million | $104 million | -$82 million |
| 2006 | $32 million | $118 million | -$86 million |
| 2007 | $34 million | $145 million | -$111 million |
| 2008 | $102 million | $215 million | -$113 million |
| 2009 | $97 million | $170 million | -$74 million |
| 2010 | $249 million | $315 million | -$66 million |
| 2011 | $234 million | $249 million | -$15 million |
| 2012 | $197 million | $387 million | -$190 million |
| 2013 | $196 million | $398 million | -$202 million |
| 2014 | $244 million | $407 million | -$163 million |
| 2015 | $257 million | $339 million | -$82 million |
| 2016 | $305 million | $394 million | -$89 million |
| 2017 | $308 million | $547 million | -$240 million |
| 2018 | $289 million | $578 million | -$289 million |
| 2019 | $303 million | $704 million | -$401 million |
| 2020 | $288 million | $945 million | -$657 million |
| 2021 | $359 million | $912 million | -$553 million |
| 2022 | $398 million | $921 million | -$522 million |
| 2023 | $415 million | $899 million | -$485 million |
| 2024 | $424 million | $1.1 billion | -$684 million |
What they sell each other
What Norway sells to Vietnam
The top 10 headings in 2024, with their share of the total.
What Vietnam 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 Phu My is 13,141 nautical miles (24,338 km) long: ≈ 30.5–39 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 (13,141 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 (9,688 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
Vietnam was Norway’s 24th largest trading partner (0.6% of its trade), and Norway was Vietnam’s 37th (0.2%).
- Vietnam in Norway’s trade
- 0.6%
- Vietnam’s rank among Norway’s partners
- 24th
- Norway in Vietnam’s trade
- 0.2%
- Norway’s rank among Vietnam’s partners
- 37th
Compare with
Other partners of Norway
Other partners of Vietnam
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.