Imports to Norway surged 20.2 percent from a year earlier to NOK 61.4 billion in February 2019, boosted by purchases of manufactured goods (76.3 percent) in particular metals (270.7 percent); miscellaneous manufactures articles (8.1 percent); food and live animals (12.5 percent); and mineral fuels, lubricants and related materials (21 percent). Imports in Norway averaged 18251.22 NOK Million from 1960 until 2019, 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 61700.00 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 58700.00 in 12 months time. In the long-term, the Norway Imports is projected to trend around 72200.00 NOK Million in 2020, according to our econometric models.