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Norway: Trade Statistics

Exporter Rank

30 / 119

Importer Rank

37 / 119

Trade Balance Rank

12 / 119

Total Trade [1]

Total Exports (2018) $122,636,310,493
Total Imports (2018) $87,440,059,696
Trade Balance (2018) $35,196,250,797
Exports of goods and services (% of GDP) (2018) [2] 38.44%
Imports of goods and services (% of GDP) (2018) [2] 32.63%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United Kingdom $26,541,847,067
Germany $19,593,251,989
Netherlands $13,019,159,623
France $8,232,321,502
Sweden $8,206,892,998
Belgium $6,412,227,398
United States $5,763,013,004
Denmark $5,681,438,064
Poland $2,765,593,251
China $2,576,986,818

Import Partners

Top 10 Import Countries

Country Import USD$
Sweden $10,568,398,769
Germany $9,531,479,821
China $8,779,918,450
United States $6,761,494,922
Denmark $4,792,234,251
United Kingdom $4,738,291,690
Netherlands $3,196,144,806
Poland $2,989,732,291
Italy $2,791,432,850
France $2,788,364,373

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $76,404,966,870
(03) Seafood $11,674,130,923
(99) Items nesoi $4,613,551,533
(84) Industrial Machinery $4,434,106,057
(76) Aluminum $4,066,373,150
(85) Electrical Machinery $2,666,235,920
(90) Precision Instruments $1,393,049,157
(72) Iron & Steel $1,301,485,773
(89) Ships & Boats $1,227,165,338
(75) Nickel $1,198,693,646

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $11,544,493,330
(87) Motor Vehicles & Parts $10,222,186,551
(85) Electrical Machinery $8,086,879,828
(27) Oil & Mineral Fuels $5,535,336,614
(73) Iron & Steel Articles $4,809,386,165
(94) Furniture $3,057,163,479
(90) Precision Instruments $2,747,308,764
(39) Plastics $2,586,754,409
(30) Pharmaceuticals $2,388,101,134
(75) Nickel $1,838,654,053

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 1/12/2020
Norway