Exports from Norway soared 32.2 percent from a year earlier to NOK 99.5 billion in October 2018, driven by sales of mineral fuels, lubricants & related materials (47.3 percent), in particular petroleum, petroleum products (60.3 percent) and gas, natural and manufactured (34.3 percent); food and live animals (12.1 percent); manufactured goods (9.4 percent); machinery & transport equipment (7.6 percent); and chemicals (24.5 percent). Exports in Norway averaged 26611 NOK Million from 1960 until 2018, reaching an all time high of 99517.64 NOK Million in October of 2018 and a record low of 449 NOK Million in July of 1960.

Exports in Norway is expected to be 79200.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Norway to stand at 94002.96 in 12 months time. In the long-term, the Norway Exports is projected to trend around 85100.00 NOK Million in 2020, according to our econometric models.

Norway Exports
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Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 34898.50 22205.70 48677.18 -6100.20 NOK Million [+]
Current Account 91780.00 79084.00 122200.00 -16087.00 NOK Million [+]
Current Account to GDP 5.70 4.00 16.20 -6.10 percent [+]
Imports 64619.13 60698.33 84950.76 696.00 NOK Million [+]
Exports 99517.64 82904.03 99517.64 449.00 NOK Million [+]
External Debt 5235309.00 5222383.00 5585278.00 0.00 NOK Million [+]
Terms of Trade 108.23 108.40 115.90 75.84 Index Points [+]
Capital Flows 58208.00 154192.00 189108.00 -61109.00 NOK Million [+]
Crude Oil Production 1526.00 1555.00 3417.00 2.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 4.71 0.00 [+]
Weapons Sales 134.00 150.00 278.00 1.00 USD Million [+]
Foreign Direct Investment 9055.00 -32914.00 118173.00 -219186.00 NOK Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Norway Exports

In 2017, exports from Norway increased by 12 percent from the previous year to NOK 843 billion, amid a recovery in oil prices. The country exported mainly: crude petroleum and natural gas (49 percent of total exports); coke and refined petroleum products (8 percent); basic metals (8 percent); fish and other fishing products (7 percent); food products (5 percent); chemicals and chemical products (5 percent); and machinery and equipment (4 percent). Main export partners were: the United Kingdom (21 percent of total exports); Germany (16 percent); the Netherlands (10 percent); Sweden (7 percent); France (6 percent); Belgium, Denmark and the US (5 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
99517.64 82904.03 99517.64 449.00 1960 - 2018 NOK Million Monthly




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