Exports from Norway fell 3.2 percent from a year earlier to NOK 79.7 billion in March 2019, mainly dragged by mineral fuels, lubricants and related materials (-11.3 percent) and manufactured goods (-1.9 percent). By contrast, exports of machinery and transport equipment jumped 29.7 percent while those of food and live animals increased 3.5 percent. Considering the first quarter of the year, exports rose 0.9 percent year-on-year to NOK 245.8 billion. Exports in Norway averaged 27011.61 NOK Million from 1960 until 2019, reaching an all time high of 99710.44 NOK Million in October of 2018 and a record low of 449 NOK Million in July of 1960.

Exports in Norway is expected to be 75400.00 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 82400.00 in 12 months time. In the long-term, the Norway Exports is projected to trend around 89400.00 NOK Million in 2020, according to our econometric models.

Norway Exports
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Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 13869.80 15207.02 48677.18 -6100.20 NOK Million [+]
Current Account 46795.00 91355.00 122200.00 -16087.00 NOK Million [+]
Current Account to GDP 8.10 5.70 16.20 -6.10 percent [+]
Imports 65796.78 62053.48 84950.76 696.00 NOK Million [+]
Exports 79666.58 77260.50 99710.44 449.00 NOK Million [+]
External Debt 5425403.00 5235309.00 5585278.00 0.00 NOK Million [+]
Terms of Trade 105.38 108.23 115.90 75.84 Index Points [+]
Capital Flows 54753.00 53275.00 189108.00 -61109.00 NOK Million [+]
Crude Oil Production 1535.00 1525.00 3417.00 2.00 BBL/D/1K [+]
Terrorism Index 0.15 0.00 4.71 0.00 [+]
Weapons Sales 134.00 150.00 278.00 1.00 USD Million [+]
Foreign Direct Investment -40950.00 -4796.00 118173.00 -219186.00 NOK Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Norway Exports

In 2017, exports from Norway increased by 12 percent from the previous year to NOK 843 billion, amid a recovery in oil prices. The country exported mainly: crude petroleum and natural gas (49 percent of total exports); coke and refined petroleum products (8 percent); basic metals (8 percent); fish and other fishing products (7 percent); food products (5 percent); chemicals and chemical products (5 percent); and machinery and equipment (4 percent). Main export partners were: the United Kingdom (21 percent of total exports); Germany (16 percent); the Netherlands (10 percent); Sweden (7 percent); France (6 percent); Belgium, Denmark and the US (5 percent each). This page provides the latest reported value for - Norway Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Exports - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
79666.58 77260.50 99710.44 449.00 1960 - 2019 NOK Million Monthly




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