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Norway: Trade Statistics

Exporter Rank

33 / 138

Importer Rank

38 / 138

Trade Balance Rank

9 / 138

Total Trade [1]

Total Exports (2021) $161,686,747,944
Total Imports (2021) $99,193,357,823
Trade Balance (2021) $62,493,390,121
Exports of goods and services (% of GDP) (2022) [2] 55.67%
Imports of goods and services (% of GDP) (2022) [2] 27.33%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United Kingdom $33,171,493,451
Germany $30,919,503,151
Netherlands $12,782,190,300
Sweden $12,598,657,878
France $11,666,284,196
Belgium $9,437,337,354
China $9,329,561,206
Denmark $4,556,790,373
United States $4,440,787,403
Poland $3,383,121,790

Import Partners

Top 10 Import Countries

Country Import USD$
China $13,118,530,939
Sweden $11,165,103,945
Germany $10,983,927,802
United States $6,272,770,400
United Kingdom $4,593,300,942
Denmark $4,592,778,534
Netherlands $3,550,045,785
Poland $3,358,889,104
Italy $2,958,731,767
France $2,837,440,826

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $107,849,096,899
(03) Seafood $13,405,815,192
(76) Aluminum $5,303,377,353
(99) Items nesoi $5,090,186,985
(84) Industrial Machinery $4,443,940,436
(85) Electrical Machinery $3,002,808,963
(89) Ships & Boats $2,088,271,520
(75) Nickel $1,658,473,763
(90) Precision Instruments $1,643,251,163
(72) Iron & Steel $1,550,931,865

Top 10 Import Goods

HS Code Import USD$
(87) Motor Vehicles & Parts $12,680,501,233
(84) Industrial Machinery $12,399,444,328
(85) Electrical Machinery $9,214,263,403
(27) Oil & Mineral Fuels $5,479,033,847
(73) Iron & Steel Articles $4,352,394,151
(94) Furniture $3,400,029,292
(39) Plastics $3,143,796,343
(90) Precision Instruments $3,103,328,190
(30) Pharmaceuticals $2,921,980,029
(75) Nickel $2,524,921,283

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 9/11/2023
Norway