Imports to Norway dropped 2.6 percent from a year earlier to NOK 61.9 billion in March 2019, driven by decreases in purchases of manufactured goods classified chiefly by materials (-42.1 percent), and mineral fuels, lubricants and related materials (-9.3 percent). On the other hand, imports rose for machinery and transport equipment (15.4 percent), crude materials (13.8 percent) and food and live animals (6 percent). Imports in Norway averaged 18379.14 NOK Million from 1960 until 2019, reaching an all time high of 83879.95 NOK Million in November of 2017 and a record low of 696 NOK Million in July of 1960.

Imports in Norway is expected to be 62100.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Norway to stand at 64600.00 in 12 months time. In the long-term, the Norway Imports is projected to trend around 72200.00 NOK Million in 2020, according to our econometric models.

Norway Imports
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 17619.35 15785.98 48677.18 -5680.00 NOK Million [+]
Current Account 67779.00 47321.00 122200.00 -16087.00 NOK Million [+]
Current Account to GDP 8.10 5.70 16.20 -6.10 percent [+]
Imports 61863.46 66299.76 83879.95 696.00 NOK Million [+]
Exports 79482.81 82085.75 98223.26 449.00 NOK Million [+]
External Debt 5482151.00 5425403.00 5585278.00 0.00 NOK Million [+]
Terms of Trade 95.88 101.62 115.90 75.84 Index Points [+]
Capital Flows 32462.00 46939.00 189108.00 -61109.00 NOK Million [+]
Crude Oil Production 1420.00 1488.00 3417.00 2.00 BBL/D/1K [+]
Terrorism Index 0.15 0.00 4.71 0.00 [+]
Weapons Sales 64.00 153.00 278.00 1.00 USD Million [+]
Foreign Direct Investment -11977.00 -35230.00 118173.00 -219186.00 NOK Million [+]

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



Norway Imports

In 2017, Norwegian imports rose by 12 percent from the previous year to NOK 683 billion. Main imports were: motor vehicles, trailers and semi-trailers (11 percent of total imports); machinery and equipment (10 percent); computer, electronic and optical products (9 percent); fabricated metal products, except machinery and equipment (8 percent); other transport equipment (7 percent); chemicals and chemical products (6 percent); food products (6 percent); basic metals (6 percent); electrical equipment (5 percent); and coke and refined petroleum products (4 percent). Main import partners were: Sweden and Germany (11 percent of total imports each); China (10 percent); the US and South Korea (7 percent each); Denmark and the UK (5 percent each); and the Netherlands (4 percent). This page provides the latest reported value for - Norway Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Imports - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
61863.46 66299.76 83879.95 696.00 1960 - 2019 NOK Million Monthly




Related

Latest