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

Exports from Norway increased by 29 percent year-on-year to NOK 79.71 billion in March 2017, driven by ships and oil platforms (1,820.6 percent), crude oil (50.7 percent), natural gas (29.3 percent) and natural gas condensates (26.9 percent). In the first quarter of the year, exports rose 25.1 percent to NOK 228.68 billion compared with the same period of 2016. Exports in Norway averaged 25217.06 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 22719.43 23258.76 48677.18 -5680.00 NOK Million [+]
Exports 79706.77 72144.38 91186.74 449.00 NOK Million [+]
Imports 56987.34 48885.62 64327.68 696.00 NOK Million [+]
Current Account 59304.00 19019.00 122316.00 -16087.00 NOK Million [+]
Current Account to GDP 9.00 12.00 17.80 -6.10 percent [+]
External Debt 5247666.00 0.00 5247666.00 0.00 NOK Million [+]
Terms of Trade 105.95 104.77 115.90 75.84 Index Points [+]
Capital Flows 35688.00 15501.00 189363.00 -61109.00 NOK Million [+]
Gold Reserves 36.70 36.73 36.83 36.70 Tonnes [+]
Crude Oil Production 1706.00 1784.00 3417.00 2.00 BBL/D/1K [+]
Foreign Direct Investment -189382.00 -27417.00 118173.00 -189382.00 NOK Million [+]
Terrorism Index 2.08 2.74 4.71 0.00 [+]
Weapons Sales 155.00 114.00 278.00 1.00 USD Million [+]

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Norway Exports Notes

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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
79706.77 72144.38 91186.74 449.00 1960 - 2017 NOK Million Monthly