Norway-Belarus Bilateral Trade Analysis 2023
Complete trade statistics: $151.41M total volume •Norway deficit: $151.41M
Norway → Belarus
$0
Exports (2023)
Belarus → Norway
$151.41M
Imports (2023)
Trade Balance
$151.41M
Deficit for Norway
Total Trade
$151.41M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Norway and Belarus. Green line shows exports from Norway, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Norway-Belarus commercial relationship and competitive positioning in global markets.
Norway → Belarus Exports
Export Market Intelligence
🎯 Strategic Export Focus
Norway's export portfolio to Belarus demonstrates strategic specialization, with fish: fresh or chilled, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, fish meat of 0304, and edible fish offal of 0302.9 representing a key competitive advantage in this bilateral market.
Belarus → Norway Imports
Import Dependency Profile
📦 Import Strategy Analysis
Norway's import pattern from Belarus reveals significant dependencyin vegetable oils: low erucic acid rape or colza oil and its fractions, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Norway demonstrates competitive strength in exportingfish: fresh or chilled, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, fish meat of 0304, and edible fish offal of 0302.9 to Belarus, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $151.41M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Norway-Belarus Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $151.41 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Norway maintains a deficit of $151.41 million
- Export Focus: Norway's primary exports include fish: fresh or chilled, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, fish meat of 0304, and edible fish offal of 0302.9, fish meat, excluding fillets, whether or not minced: frozen, n.e.c. in item no. 0304.9, fish: frozen, mackerel (scomber scombrus, scomber australasicus, scomber japonicus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
- Import Dependencies: Key imports from Belarus include vegetable oils: low erucic acid rape or colza oil and its fractions, crude, sugars: molasses, from sugar beet, resulting from the extraction or refining of sugar, vegetable oils: linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $151.41M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Norway leveraging its comparative advantages in fish: fresh or chilled, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, fish meat of 0304, and edible fish offal of 0302.9.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Norway's specialization in fish: fresh or chilled, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, fish meat of 0304, and edible fish offal of 0302.9complements Belarus's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vegetable oils: low erucic acid rape or colza oil and its fractions, crude.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $151.41M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $151.41M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $151.41 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in fish: fresh or chilled, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, fish meat of 0304, and edible fish offal of 0302.9 and vegetable oils: low erucic acid rape or colza oil and its fractions, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Norway's trade deficit of $151.41 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Norway and Belarus represents a total trade volume of $151.41 million in 2023. This partnership demonstrates an unfavorable trade balance for Norway, with imports exceeding exportsby $151.41 million.
Export Strengths
Norway's exports to Belarus total $0.00, with competitive advantages in fish: fresh or chilled, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, fish meat of 0304, and edible fish offal of 0302.9, representing $12.43M orInfinity% of bilateral exports.
Import Dependencies
Imports from Belarus amount to $151.41 million, highlighting economic interdependence in vegetable oils: low erucic acid rape or colza oil and its fractions, crude, with Vegetable oils: low erucic acid rape or colza oil and its fractions, crude comprising86.6% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Norway's strategic sourcing from Belarus. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Norway and Belarus in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023