Exports from Norway fell 0.4 percent from a year earlier to NOK 79.5 billion in March 2019, due to lower sales of mineral fuels, lubricants and related materials (-7.5 percent) and chemicals and related products (-3.7 percent). In contrast, sales grew for machinery and transport equipment (43.5 percent), food and live animals (11.4 percent) and manufactured goods classified chiefly by material (2.2 percent). Exports in Norway averaged 27095.04 NOK Million from 1960 until 2019, reaching an all time high of 98223.26 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 75400.00 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 82400.00 in 12 months time. In the long-term, the Norway Exports is projected to trend around 89400.00 NOK Million in 2020, according to our econometric models.