Norway Exports  1960-2016 | Data | Chart | Calendar | Forecast | News

Exports from Norway fell 15.2 percent to NOK 59.1 billion in July 2016 from NOK 69.7 billion a year earlier, dragged down by ships and oil platforms (-99.7 percent), natural gas (-33.9 percent) and crude oil (-1.8 percent). Considering the first seven months of the year, exports dropped 15.5 percent to NOK 415.4 billion from the same period of the previous year. Exports in Norway averaged 24688.83 NOK Million from 1960 until 2016, 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. Exports in Norway is reported by the Statistics Norway.

Norway Exports
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Actual Previous Highest Lowest Dates Unit Frequency
59117.61 59914.82 91186.74 449.00 1960 - 2016 NOK Million Monthly
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 August of 2016.


Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 13951.12 6897.26 48677.18 -5680.00 NOK Million [+]
Exports 59117.61 59914.82 91186.74 449.00 NOK Million [+]
Imports 45166.50 53017.55 64327.68 696.00 NOK Million [+]
Current Account 54018.00 52857.00 126600.00 -16087.00 NOK Million [+]
Current Account to GDP 9.00 12.00 17.80 -6.10 percent [+]
External Debt 0.00 0.00 70780.00 0.00 NOK Million [+]
Terms of Trade 102.26 101.24 115.90 75.84 Index Points [+]
Capital Flows 14477.00 61722.00 163758.00 -60238.00 NOK Million [+]
Gold Reserves 36.70 36.73 36.83 36.70 Tonnes [+]
Crude Oil Production 1607.00 1665.00 3417.00 2.00 BBL/D/1K [+]
Foreign Direct Investment 51074.00 -67187.00 118173.00 -67187.00 NOK Million [+]
Terrorism Index 2.74 3.41 4.71 0.00 [+]
Weapons Sales 155.00 114.00 278.00 1.00 USD Million [+]


Last Reference Previous Highest
Exports 59117.61  NOK Million Jul/16 59914.82 91186.74 [+]
Imports 45166.50  NOK Million Jul/16 53017.55 64327.68 [+]