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Norway Trade Summary

2016

Norway exports, imports, tariff by year.
Norway monthly trade data
Norway quarterly trade data

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 2016

Overall Exports and Imports for Norway 2016

Exports and imports of Norway in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 89,628 million.
  • The total value of imports (CIF) was 72,810 million.
  • At the HS6 digit level, 3,664 products were exported to 210 countries and 4,374 products were imported from 201 countries.

Norway top 5 Export and Import partners 2016

Top five countries to which Norway exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Norway exports to United Kingdom worth US$ 18,549 million, with a partner share of 20.70 percent.
  2. Norway exports to Germany worth US$ 12,775 million, with a partner share of 14.25 percent.
  3. Norway exports to Netherlands worth US$ 9,524 million, with a partner share of 10.63 percent.
  4. Norway exports to France worth US$ 6,133 million, with a partner share of 6.84 percent.
  5. Norway exports to Sweden worth US$ 5,757 million, with a partner share of 6.42 percent.

Top five countries from which Norway imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Norway imports from Germany worth US$ 8,713 million, with a partner share of 11.97 percent.
  2. Norway imports from Sweden worth US$ 8,676 million, with a partner share of 11.92 percent.
  3. Norway imports from China worth US$ 8,012 million, with a partner share of 11.00 percent.
  4. Norway imports from United States worth US$ 4,673 million, with a partner share of 6.42 percent.
  5. Norway imports from Denmark worth US$ 4,065 million, with a partner share of 5.58 percent.

Norway Top 5 Productsexports imports at HS 6 digit level 2016

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 22,832,062.04 (US$ Thousands).
  2. Norway exported Natural gas in gaseous state , worth 18,262,979.17 (US$ Thousands).
  3. Norway exported Fresh or chilled Pacific, Atlantic and Danube s , worth 5,834,609.91 (US$ Thousands).
  4. Norway exported Petroleum oils, etc, (excl. crude); preparation , worth 3,242,642.89 (US$ Thousands).
  5. Norway exported Aluminium unwrought, alloyed , worth 2,318,646.89 (US$ Thousands).

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

  1. Norway imported Petroleum oils, etc, (excl. crude); preparation , worth 1,804,302.45 (US$ Thousands).
  2. Norway imported Automobiles with diesel engine displacing more , worth 1,636,050.47 (US$ Thousands).
  3. Norway imported Automobiles with reciprocating piston engine di , worth 1,457,402.35 (US$ Thousands).
  4. Norway imported Tankers , worth 1,422,681.93 (US$ Thousands).
  5. Norway imported Other medicaments of mixed or unmixed products, , worth 1,144,975.70 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Norway in 2016 are below

  • The maximum rate of tariff in percentage on any product was 2,622.63 percent.
  • The simple average tariff across all products was 3.69 percent.
  • The trade weighted average tariff was 3.41 .
  • The total duty free imports in thousands of US dollars were 66,808,045.68 and duty free tariff line items share was 90.71 percent.

Development Indicators 2016

Key Development Indicators of Norway in 2016 are below

  • Norway GDP in current US dollar was 370,957 million.
  • GNI per capita, Atlas method (current US$) was 81,870.00 .
  • Norway Trade balance: as % of GDP was 2.76.
  • Trade balance in current US$ was 10,237.00 million.
  • Trade as percentage of GDP was 69.12 .
  • Trade in services as percentage of GDP was 24.21 .

Trade Indicators 2016

Trade Indicators for Norway in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 9.04.
  • World Growth in percentage was -1.35 and Norway Country Growth was -6.15 .