Imports to Norway increased 14.3 percent from a year earlier to NOK 64.6 billion in October 2018, led by machinery and transport equipment (16 percent); miscellaneous manufactured articles (9.2 percent); manufactured goods classified chiefly by material (9.4 percent); and chemicals (23 percent). Imports in Norway averaged 18016.09 NOK Million from 1960 until 2018, reaching an all time high of 84950.76 NOK Million in November of 2017 and a record low of 696 NOK Million in July of 1960.

Imports in Norway is expected to be 59400.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Norway to stand at 60313.21 in 12 months time. In the long-term, the Norway Imports is projected to trend around 70200.00 NOK Million in 2020, according to our econometric models.

Norway Imports
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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 Imports

In 2017, Norwegian imports rose by 12 percent from the previous year to NOK 683 billion. Main imports were: motor vehicles, trailers and semi-trailers (11 percent of total imports); machinery and equipment (10 percent); computer, electronic and optical products (9 percent); fabricated metal products, except machinery and equipment (8 percent); other transport equipment (7 percent); chemicals and chemical products (6 percent); food products (6 percent); basic metals (6 percent); electrical equipment (5 percent); and coke and refined petroleum products (4 percent). Main import partners were: Sweden and Germany (11 percent of total imports each); China (10 percent); the US and South Korea (7 percent each); Denmark and the UK (5 percent each); and the Netherlands (4 percent). This page provides the latest reported value for - Norway Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Imports - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
64619.13 60698.33 84950.76 696.00 1960 - 2018 NOK Million Monthly




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