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Norway: Trade Statistics

Exporter Rank

35 / 127

Importer Rank

40 / 127

Trade Balance Rank

20 / 127

Total Trade [1]

Total Exports (2019) $104,029,881,468
Total Imports (2019) $86,144,982,447
Trade Balance (2019) $17,884,899,021
Exports of goods and services (% of GDP) (2020) [2] 32.36%
Imports of goods and services (% of GDP) (2020) [2] 32.94%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United Kingdom $20,949,493,686
Germany $15,056,588,803
Netherlands $11,548,883,305
Sweden $7,988,391,057
France $6,179,485,901
Denmark $4,662,759,135
United States $4,481,684,795
Belgium $4,361,004,176
China $4,300,691,456
Poland $2,407,338,371

Import Partners

Top 10 Import Countries

Country Import USD$
Sweden $10,111,215,808
Germany $9,293,002,253
China $8,751,032,708
United States $6,815,785,812
Denmark $4,840,587,527
United Kingdom $4,276,015,244
Poland $3,307,926,155
Netherlands $3,240,747,559
France $2,839,384,194
Italy $2,686,483,685

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $58,243,903,097
(03) Seafood $11,672,187,402
(84) Industrial Machinery $4,545,686,882
(99) Items nesoi $4,385,599,362
(76) Aluminum $3,682,933,097
(85) Electrical Machinery $2,827,752,353
(90) Precision Instruments $1,687,703,203
(29) Organic Chemicals $1,382,211,305
(89) Ships & Boats $1,274,441,230
(75) Nickel $1,263,384,812

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $11,933,974,243
(87) Motor Vehicles & Parts $10,340,548,834
(85) Electrical Machinery $8,671,004,967
(27) Oil & Mineral Fuels $5,705,363,760
(73) Iron & Steel Articles $4,473,343,148
(94) Furniture $3,006,824,068
(90) Precision Instruments $2,887,489,009
(39) Plastics $2,457,913,062
(30) Pharmaceuticals $2,233,406,136
(75) Nickel $1,743,823,927

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 10/4/2021
Norway