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Norway Trade Summary

2021

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 2021

Overall Exports and Imports for Norway 2021

Exports and imports of Norway in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 173,814 million.
  • The total value of imports (CIF) was 99,254 million.
  • At the HS6 digit level, 3,628 products were exported to 206 countries and 4,370 products were imported from 199 countries.

Norway top 5 Export and Import partners 2021

Top five countries to which Norway exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Norway exports to United Kingdom worth US$ 37,178 million, with a partner share of 21.39 percent.
  2. Norway exports to Germany worth US$ 35,548 million, with a partner share of 20.45 percent.
  3. Norway exports to France worth US$ 13,160 million, with a partner share of 7.57 percent.
  4. Norway exports to Netherlands worth US$ 12,844 million, with a partner share of 7.39 percent.
  5. Norway exports to Sweden worth US$ 12,600 million, with a partner share of 7.25 percent.

Top five countries from which Norway imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Norway imports from China worth US$ 13,122 million, with a partner share of 13.22 percent.
  2. Norway imports from Sweden worth US$ 11,115 million, with a partner share of 11.20 percent.
  3. Norway imports from Germany worth US$ 10,976 million, with a partner share of 11.06 percent.
  4. Norway imports from United States worth US$ 6,276 million, with a partner share of 6.32 percent.
  5. Norway imports from United Kingdom worth US$ 4,597 million, with a partner share of 4.63 percent.

Norway Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. Norway exported Natural gas in gaseous state , worth 66,470,316.89 (US$ Thousands).
  2. Norway exported Petroleum oils and oils obtained from bituminou , worth 41,896,621.06 (US$ Thousands).
  3. Norway exported Fresh or chilled Pacific, Atlantic and Danube s , worth 7,110,906.59 (US$ Thousands).
  4. Norway exported Petroleum oils, etc, (excl. crude); preparation , worth 6,330,132.02 (US$ Thousands).
  5. Norway exported Aluminium unwrought, alloyed , worth 3,962,059.98 (US$ Thousands).

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

  1. Norway imported Automobiles nes including gas turbine powered , worth 7,342,676.96 (US$ Thousands).
  2. Norway imported Petroleum oils, etc, (excl. crude); preparation , worth 2,890,606.17 (US$ Thousands).
  3. Norway imported Nickel mattes , worth 2,489,955.96 (US$ Thousands).
  4. Norway imported Transmission apparatus, for radioteleph incorpo , worth 1,948,024.65 (US$ Thousands).
  5. Norway imported Other medicaments of mixed or unmixed products, , worth 1,451,162.89 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Norway in 2021 are below

  • The maximum rate of tariff in percentage on any product was 1,821.06 percent.
  • The simple average tariff across all products was 3.49 percent.
  • The trade weighted average tariff was 3 .
  • The total duty free imports in thousands of US dollars were 77,438,954.52 and duty free tariff line items share was 89.83 percent.

Development Indicators 2021

Key Development Indicators of Norway in 2021 are below

  • Norway GDP in current US dollar was 490,293 million.
  • GNI per capita, Atlas method (current US$) was 83,190.00 .
  • Norway Trade balance: as % of GDP was 12.93.
  • Trade balance in current US$ was 63,390.00 million.
  • Trade as percentage of GDP was 70.55 .
  • Trade in services as percentage of GDP was 17.00 .

Trade Indicators 2021

Trade Indicators for Norway in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 9.30.
  • World Growth in percentage was 12.50 and Norway Country Growth was 31.83 .