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

Exports from Norway grew by 3.5 percent year-on-year to NOK 71.27 billion in October of 2017, mainly supported by natural gas (11.0 percent) and mainland exports (21.6 percent). Exports in Norway averaged 25628.51 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 15129.00 10496.00 48677.18 -5680.00 NOK Million [+]
Exports 71273.00 65189.00 91186.74 449.00 NOK Million [+]
Imports 56145.00 54693.00 67377.00 696.00 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 105.44 106.98 115.90 75.84 Index Points [+]
Capital Flows 29843.00 127397.00 186517.00 -61109.00 NOK Million [+]
Crude Oil Production 1614.00 1600.00 3417.00 2.00 BBL/D/1K [+]
Terrorism Index 2.08 2.74 4.71 0.00 [+]
Weapons Sales 150.00 240.00 278.00 1.00 USD Million [+]
Foreign Direct Investment -31842.00 -197185.00 118173.00 -197185.00 NOK 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
71273.00 65189.00 91186.74 449.00 1960 - 2017 NOK Million Monthly