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Norway flag Norway:

Presentation of Norway : Foreign trade

Imports of Goods
(million USD) :
80,447 (Source: WTO – World Trade Organisation, 2020)
Exports of Goods
(million USD) :
84,459 (Source: WTO – World Trade Organisation, 2020)
Imports of Services
(million USD) :
36,864 (Source: WTO – World Trade Organisation, 2020)
Exports of Services
(million USD) :
35,414 (Source: WTO – World Trade Organisation, 2020)
Trade Balance (million USD) :
-832 (Source: World Bank, 2020)
Foreign Trade
(in % of GDP) :
65.5 (Source: World Bank, 2020)
 

Main Partner Countries

Main Customers
(% of Exports)
2020
United Kingdom 17.4%
Germany 11.7%
Netherlands 9.9%
Sweden 9.9%
China 7.8%
See More Countries 43.4%
Main Suppliers
(% of Imports)
2020
China 12.1%
Germany 11.5%
Sweden 10.7%
United States 6.8%
United Kingdom 5.4%
See More Countries 53.5%

Source: Comtrade, Latest Available Data

 
 

Main Products

82.7 bn USD of products exported in 2020
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals, crude 27.5%
Petroleum gas and other gaseous hydrocarbonsPetroleum gas and other gaseous hydrocarbons 16.6%
Fish, fresh or chilled (excl. fish fillets and...Fish, fresh or chilled (excl. fish fillets and other fish meat of heading 0304) 7.6%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 4.5%
Unwrought aluminiumUnwrought aluminium 3.1%
See More Products 40.6%
81.3 bn USD of products imported in 2020
Motor cars and other motor vehicles principally...Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 7.0%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 2.4%
Electrical apparatus for line telephony or line...Electrical apparatus for line telephony or line telegraphy, incl. line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones; parts thereof 2.4%
Nickel mattes, nickel oxide sinters and other...Nickel mattes, nickel oxide sinters and other intermediate products of nickel metallurgy : 2.4%
Automatic data processing machines and units...Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s. 2.0%
See More Products 83.8%

Source: Comtrade, Latest Available Data

 

Main Services

4.2 bn USD of services exported in 2018
45.01%
21.84%
14.66%
4.58%
4.11%
2.84%
2.30%
1.52%
1.37%
1.05%
0.72%
5.0 bn USD of services imported in 2018
35.85%
24.94%
19.04%
8.73%
3.90%
2.40%
1.65%
1.54%
1.34%
0.35%
0.25%

Source: Comtrade, Latest Available Data

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Latest Update: June 2022