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Norway Trade Summary

2023

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 2023

Overall Exports and Imports for Norway 2023

Exports and imports of Norway in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 177,196 million.
  • The total value of imports (CIF) was 96,985 million.
  • At the HS6 digit level, 3,793 products were exported to 207 countries and 4,359 products were imported from 208 countries.

Norway top 5 Export and Import partners 2023

Top five countries to which Norway exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Norway exports to United Kingdom worth US$ 33,741 million, with a partner share of 19.04 percent.
  2. Norway exports to Germany worth US$ 33,598 million, with a partner share of 18.96 percent.
  3. Norway exports to Netherlands worth US$ 14,737 million, with a partner share of 8.32 percent.
  4. Norway exports to Sweden worth US$ 13,685 million, with a partner share of 7.72 percent.
  5. Norway exports to Poland worth US$ 10,751 million, with a partner share of 6.07 percent.

Top five countries from which Norway imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Norway imports from Germany worth US$ 10,978 million, with a partner share of 11.32 percent.
  2. Norway imports from China worth US$ 10,831 million, with a partner share of 11.17 percent.
  3. Norway imports from Sweden worth US$ 10,460 million, with a partner share of 10.78 percent.
  4. Norway imports from United States worth US$ 7,351 million, with a partner share of 7.58 percent.
  5. Norway imports from Netherlands worth US$ 4,652 million, with a partner share of 4.80 percent.

Norway Top 5 Productsexports imports at HS 6 digit level 2023

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 57,212,323.05 (US$ Thousands).
  2. Norway exported Petroleum oils and oils obtained from bituminou , worth 50,212,905.02 (US$ Thousands).
  3. Norway exported Fresh or chilled Pacific, Atlantic and Danube s , worth 8,610,224.13 (US$ Thousands).
  4. Norway exported Petroleum oils, etc, (excl. crude); preparation , worth 6,493,115.21 (US$ Thousands).
  5. Norway exported Aluminium unwrought, alloyed , worth 3,468,000.95 (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 5,604,715.58 (US$ Thousands).
  2. Norway imported Petroleum oils, etc, (excl. crude); preparation , worth 5,205,615.64 (US$ Thousands).
  3. Norway imported Nickel mattes , worth 2,676,621.88 (US$ Thousands).
  4. Norway imported Transmission apparatus, for radioteleph incorpo , worth 1,922,672.86 (US$ Thousands).
  5. Norway imported Other medicaments of mixed or unmixed products, , worth 1,344,829.14 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Norway in 2023 are below

  • The maximum rate of tariff in percentage on any product was 1,128.95 percent.
  • The simple average tariff across all products was 2.31 percent.
  • The trade weighted average tariff was 2.25 .
  • The total duty free imports in thousands of US dollars were 69,916,539.56 and duty free tariff line items share was 89.76 percent.

Development Indicators 2023

Key Development Indicators of Norway in 2023 are below

  • Norway GDP in current US dollar was 482,950 million.
  • GNI per capita, Atlas method (current US$) was 103,170.00 .
  • Norway Trade balance: as % of GDP was 15.46.
  • Trade balance in current US$ was 74,666.00 million.
  • Trade as percentage of GDP was 80.36 .
  • Trade in services as percentage of GDP was 23.46 .

Trade Indicators 2023

Trade Indicators for Norway in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 9.66.
  • World Growth in percentage was -3.13 and Norway Country Growth was -11.41 .