Norway Balance of Trade - Forecast

Balance of Trade in Norway is expected to be 5100.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Norway to stand at 25400.00 in 12 months time. In the long-term, the Norway Balance of Trade is projected to trend around 14900.00 NOK Million in 2020, according to our econometric models.


Norway Balance of Trade
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Norway Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 16283 5100 8900 19800 25400 14900
Exports 79827 69800 67900 79200 80100 85100
Imports 63543 64700 59000 59400 54700 70200
Current Account 60999 55235 44825 47822 53375 50481
Current Account to GDP 5.1 6.6 6.6 6.6 6.4 7.5
External Debt 5204408 5209099 5205718 5206972 5208000 5207535
Terms of Trade 106 106 105 105 106 105
Capital Flows 131480 82655 55989 59451 73640 68838
Crude Oil Production 1596 1599 1598 1598 1598 1598
Terrorism Index 0 0 0 0 0 0
Weapons Sales 134 134 134 134 134 134
Foreign Direct Investment -54502 -23604 -13621 -17907 -16067 -16620