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.