Norway Exports  1960-2017 | Data | Chart | Calendar | Forecast | News

Exports from Norway jumped 11.2 percent year-on-year to NOK 63.94 billion in September 2017, mainly driven by higher sales of natural gas (59.1 percent), crude oil (11.5 percent), and mainland exports (1 percent), in particular fish (7.5 percent). Exports in Norway averaged 25500.02 NOK Million from 1960 until 2017, reaching an all time high of 91186.74 NOK Million in January of 2014 and a record low of 449 NOK Million in July of 1960.

Norway Exports
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Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 9180.00 11058.00 48677.18 -5680.00 NOK Million [+]
Exports 63935.00 65255.00 91186.74 449.00 NOK Million [+]
Imports 54755.00 54196.00 67371.00 696.00 NOK Million [+]
Current Account 35817.00 41621.00 122316.00 -16087.00 NOK Million [+]
Current Account to GDP 4.90 8.70 16.20 -6.10 percent [+]
External Debt 5307950.00 5388325.00 5388325.00 0.00 NOK Million [+]
Terms of Trade 106.98 108.68 115.90 75.84 Index Points [+]
Capital Flows 29843.00 127397.00 186517.00 -61109.00 NOK Million [+]
Gold Reserves 36.70 36.73 36.83 36.70 Tonnes [+]
Crude Oil Production 1600.00 1651.00 3417.00 2.00 BBL/D/1K [+]
Foreign Direct Investment -31842.00 -197185.00 118173.00 -197185.00 NOK Million [+]
Terrorism Index 2.08 2.74 4.71 0.00 [+]
Weapons Sales 150.00 240.00 278.00 1.00 USD Million [+]

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Norway Exports

Exports amount to approximately 40 percent of Norway’s GDP. In 2015, exports decreased by 7 percent from 2014 and ended just under NOK 850 billion, as a decline in oil prices led to a fall in crude oil exports to just below NOK 200 billion, now lower than sales of natural gas. The country exports mainly: natural gas (27 percent of total exports); crude oil (24 percent), machinery and transport equipment (23 percent), manufactured goods (19 percent), food, beverages and tobacco (19 percent) and fish (18 percent). Main exports partners are: the United Kingdom (22 percent of total exports), Germany (18 percent), the Netherlands (10 percent), France and Sweden (6 percent each). 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 - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
63935.00 65255.00 91186.74 449.00 1960 - 2017 NOK Million Monthly