Exports in Norway decreased to 153587 NOK Million in April from 171337 NOK Million in March of 2023. source: Statistics Norway

Exports in Norway averaged 33296.28 NOK Million from 1960 until 2023, reaching an all time high of 321894.00 NOK Million in August of 2022 and a record low of 449.00 NOK Million in July of 1960. 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 - values, historical data and charts - was last updated on June of 2023.

Exports in Norway is expected to be 236000.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Exports is projected to trend around 298000.00 NOK Million in 2024 and 312400.00 NOK Million in 2025, according to our econometric models.

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Norway Exports

Related Last Previous Unit Reference
Balance of Trade 76100.00 71100.00 NOK Million Apr 2023
Current Account to GDP 30.30 13.60 percent of GDP Dec 2022
Current Account 361204.00 361204.00 NOK Million Dec 2022
Imports 77509.00 101243.00 NOK Million Apr 2023
Exports 153587.00 171337.00 NOK Million Apr 2023
External Debt 7549121.00 7971397.00 NOK Million Dec 2022
Terms of Trade 98.74 92.56 points Mar 2023
Capital Flows 293332.00 542497.00 NOK Million Dec 2022
Oil Exports 45601.00 41213.00 NOK Million Apr 2023
Foreign Direct Investment -12341.00 41790.00 NOK Million Dec 2022

Norway Exports
In 2019, exports from Norway slumped 9.4 percent from the previous year to NOK 904 billion, amid sluggish global growth and trade tensions between the US and China. Main exports were: mineral fuels, lubricants and related materials (56 percent of total exports), in particular petroleum, petroleum products (34 percent) and gas, natural and manufactured (21 percent); fish, crustaceans, molluscs and prep. thereof (12 percent); machinery and transport equipment (10 percent) mostly general industrial machinery and equipment (2 percent) and electrical machinery and apparatus (2 percent); chemicals and related products (7 percent); and non-ferrous metals (6 percent). The UK was the largest destination of Norway's shipments (20 percent of total exports), followed by Germany (14 percent), the Netherlands (11 percent), Sweden (8 percent), France (6 percent), Denmark (5 percent), the US, China and Belgium (4 percent each).
Actual Previous Highest Lowest Dates Unit Frequency
153587.00 171337.00 321894.00 449.00 1960 - 2023 NOK Million Monthly

United Nations Comtrade Database
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