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

Exports in Norway decreased by 16.9 percent year-on-year to 56204 NOK Million in May of 2016, dragged down by crude oil (-21.4 percent) and gas (-31.4 percent). The main exports partners were UK, Germany and Netherlands. Exports in Norway averaged 24585.47 NOK Million from 1960 until 2016, reaching an all time high of 91187 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
56204.00 60622.00 91187.00 449.00 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 June of 2016.


Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 6567.00 10602.00 48677.00 -5680.00 NOK Million [+]
Exports 56204.00 60622.00 91187.00 449.00 NOK Million [+]
Imports 49636.00 50020.00 64328.00 696.00 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 101.24 100.92 115.90 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 1674.00 1662.00 3417.00 2.00 BBL/D/1K [+]
Foreign Direct Investment -72000.00 -37327.00 118173.00 -72000.00 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 56204.00  NOK Million May/16 60622.00 91187.00 [+]
Imports 49636.00  NOK Million May/16 50020.00 64328.00 [+]