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Norway Trade Summary

1998

Norway exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR NORWAY 1998

Overall Exports and Imports for Norway 1998

Exports and imports of Norway in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 40,402 million.
  • The total value of imports (CIF) was 37,478 million.
  • At the HS6 digit level, 3,928 products were exported to 195 countries and 4,790 products were imported from 163 countries.

Norway top 5 Export and Import partners 1998

Top five countries to which Norway exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Norway exports to United Kingdom worth US$ 6,839 million, with a partner share of 16.93 percent.
  2. Norway exports to Germany worth US$ 4,986 million, with a partner share of 12.34 percent.
  3. Norway exports to Sweden worth US$ 3,951 million, with a partner share of 9.78 percent.
  4. Norway exports to Netherlands worth US$ 3,899 million, with a partner share of 9.65 percent.
  5. Norway exports to France worth US$ 3,417 million, with a partner share of 8.46 percent.

Top five countries from which Norway imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Norway imports from Sweden worth US$ 5,526 million, with a partner share of 14.75 percent.
  2. Norway imports from Germany worth US$ 5,049 million, with a partner share of 13.47 percent.
  3. Norway imports from United Kingdom worth US$ 3,702 million, with a partner share of 9.88 percent.
  4. Norway imports from United States worth US$ 2,955 million, with a partner share of 7.88 percent.
  5. Norway imports from Denmark worth US$ 2,493 million, with a partner share of 6.65 percent.

Norway Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Norway along with trade value are:

  1. Norway exported Petroleum oils and oils obtained from bituminou , worth US$ 12,079,449.09 million.
  2. Norway exported Natural gas in gaseous state , worth US$ 3,609,944.58 million.
  3. Norway exported Aluminium unwrought, alloyed , worth US$ 1,496,087.55 million.
  4. Norway exported Fresh or chilled Pacific, Atlantic and Danube s , worth US$ 827,729.47 million.
  5. Norway exported Cargo vessels nes and other vessels for the tra , worth US$ 624,136.77 million.

The top five imported HS 6 digit level products from world by Norway along with trade value are

  1. Norway imported Automobiles with reciprocating piston engine di , worth US$ 1,358,344.58 million.
  2. Norway imported Tankers , worth US$ 767,579.33 million.
  3. Norway imported Floating or submersible drilling or production , worth US$ 754,062.27 million.
  4. Norway imported Cargo vessels nes and other vessels for the tra , worth US$ 725,121.54 million.
  5. Norway imported Parts and accessories of automatic data process , worth US$ 500,554.82 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Norway in 1998 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 6.92 percent.
  • The trade weighted average tariff was 3.61 .
  • The total duty free imports in thousands of US dollars were 32,466,892.53 and duty free tariff line items share was 69.31 percent.

Development Indicators 1998

Key Development Indicators of Norway in 1998 are below

  • Norway GDP in current US dollar was 154,230 million.
  • GNI per capita, Atlas method (current US$) was 36,110.00 .
  • Norway Trade balance: as % of GDP was 1.89.
  • Trade balance in current US$ was 2,910.00 million.
  • Trade as percentage of GDP was 71.62 .
  • Trade in services as percentage of GDP was 20.40 .

Trade Indicators 1998

Trade Indicators for Norway in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 7.83.
  • World Growth in percentage was -0.47 and Norway Country Growth was -8.38 .