Exports from Norway rose 5.9 percent from a year earlier to NOK 84.4 billion in December 2019, due to sales of mineral fuels, lubricants & related materials (2.9 percent), chemicals & related products (14.6 percent), food & live animals (14.8 percent), manufactured goods (4.8 percent), and machinery & transport equipment (12.7 percent). Considering 2019 full year, exports fell 9.4 percent to NOK 903.9 billion. Exports in Norway averaged 27588.73 NOK Million from 1960 until 2019, reaching an all time high of 98223.26 NOK Million in October of 2018 and a record low of 449 NOK Million in July of 1960. source: Statistics Norway
Exports in Norway is expected to be 82200.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Norway to stand at 79900.00 in 12 months time. In the long-term, the Norway Exports is projected to trend around 86400.00 NOK Million in 2020, according to our econometric models.