In Europe, Norway had the largest export-to-import ratio in the period 2002-2013. Other European countries show a smaller ratio, however most show an increasing ratio after 2009
The export-to-import ratio is the value of export of goods and services divided by the imports of goods and services. Values higher than one indicate a positive trade balance whereas values smaller than one indicate a negative trade balance (source: Eurostat website).
This ratio is known for 30 countries for the period 2002 to 2013. Norway is the country with the highest ratio, followed by Austria and Germany. In the early 2000s, Norway had a much higher ratio, but since 2009 the ratio has been increasing for most of the other countries. Therefore the difference between Norway and for example Austria and Germany is now smaller.
Discover all countries' ratio below: