Norway vs Spain: Net trade in goods and services

Norway
61.59 billion BoP, current US$
in 2025
Spain
73.36 billion BoP, current US$
in 2025
Norway rank
10th
Spain rank
8th

Net trade in goods and services over time

  • Norway
  • Spain
-100.0B0100.0B200.0B197520002025

How they compare

Spain currently reports 73.36 billion BoP, current US$ against 61.59 billion BoP, current US$ in Norway, a difference of 11.77 billion BoP, current US$.

That makes Spain's figure about 1.2 times Norway's.

The two have swapped places 7 times across 51 shared years of data; in 1975 it was Norway ahead.

Norway ranks 10th and Spain ranks 8th of 199 countries.

Norway has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Norway Spain Difference Ahead
1970s -1.60 billion BoP, current US$ -2.22 billion BoP, current US$ 621.09 million BoP, current US$ Norway
1980s 2.40 billion BoP, current US$ -2.24 billion BoP, current US$ 4.64 billion BoP, current US$ Norway
1990s 9.26 billion BoP, current US$ -6.52 billion BoP, current US$ 15.78 billion BoP, current US$ Norway
2000s 43.63 billion BoP, current US$ -41.00 billion BoP, current US$ 84.63 billion BoP, current US$ Norway
2010s 35.68 billion BoP, current US$ 32.53 billion BoP, current US$ 3.14 billion BoP, current US$ Norway
2020s 73.98 billion BoP, current US$ 42.30 billion BoP, current US$ 31.69 billion BoP, current US$ Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net trade in goods and services, Norway or Spain?
Spain, at 73.36 billion BoP, current US$ against 61.59 billion BoP, current US$ in Norway as of 2025.
What is the difference in net trade in goods and services between Norway and Spain?
11.77 billion BoP, current US$, with Spain ahead.
How many years of comparable data are there for Norway and Spain?
51 years are reported by both, from 1975 to 2025.
How do Norway and Spain rank globally for net trade in goods and services?
Norway ranks 10th and Spain ranks 8th of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Spain: Net trade in goods and services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 25 August 2026, from https://economy.statizoid.com/compare/net-trade-in-goods-and-services-bop-current-us/norway/spain/

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About this data

Indicator
Net trade in goods and services (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,808 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.