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Norway Trade Summary

2022

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 2022

Overall Exports and Imports for Norway 2022

Exports and imports of Norway in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 276,926 million.
  • The total value of imports (CIF) was 107,197 million.
  • At the HS6 digit level, 3,681 products were exported to 208 countries and 4,348 products were imported from 205 countries.

Norway top 5 Export and Import partners 2022

Top five countries to which Norway exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Norway exports to Germany worth US$ 76,611 million, with a partner share of 27.66 percent.
  2. Norway exports to United Kingdom worth US$ 61,828 million, with a partner share of 22.33 percent.
  3. Norway exports to France worth US$ 25,845 million, with a partner share of 9.33 percent.
  4. Norway exports to Belgium worth US$ 20,756 million, with a partner share of 7.50 percent.
  5. Norway exports to Netherlands worth US$ 17,427 million, with a partner share of 6.29 percent.

Top five countries from which Norway imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Norway imports from Sweden worth US$ 13,503 million, with a partner share of 12.60 percent.
  2. Norway imports from China worth US$ 13,167 million, with a partner share of 12.28 percent.
  3. Norway imports from Germany worth US$ 12,217 million, with a partner share of 11.40 percent.
  4. Norway imports from United States worth US$ 6,720 million, with a partner share of 6.27 percent.
  5. Norway imports from Denmark worth US$ 4,972 million, with a partner share of 4.64 percent.

Norway Top 5 Productsexports imports at HS 6 digit level 2022

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 143,198,725.38 (US$ Thousands).
  2. Norway exported Petroleum oils and oils obtained from bituminou , worth 58,262,106.77 (US$ Thousands).
  3. Norway exported Fresh or chilled Pacific, Atlantic and Danube s , worth 8,146,688.75 (US$ Thousands).
  4. Norway exported Petroleum oils, etc, (excl. crude); preparation , worth 7,483,865.05 (US$ Thousands).
  5. Norway exported Aluminium unwrought, alloyed , worth 4,831,691.92 (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 7,795,460.17 (US$ Thousands).
  2. Norway imported Petroleum oils, etc, (excl. crude); preparation , worth 7,074,349.57 (US$ Thousands).
  3. Norway imported Nickel mattes , worth 3,176,555.63 (US$ Thousands).
  4. Norway imported Electrical energy , worth 2,302,169.50 (US$ Thousands).
  5. Norway imported Transmission apparatus, for radioteleph incorpo , worth 1,970,074.86 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Norway in 2022 are below

  • The maximum rate of tariff in percentage on any product was 1,273.59 percent.
  • The simple average tariff across all products was 2.68 percent.
  • The trade weighted average tariff was 2.43 .
  • The total duty free imports in thousands of US dollars were 75,076,432.52 and duty free tariff line items share was 90.37 percent.

Development Indicators 2022

Key Development Indicators of Norway in 2022 are below

  • Norway GDP in current US dollar was 579,267 million.
  • GNI per capita, Atlas method (current US$) was 95,510.00 .
  • Norway Trade balance: as % of GDP was 28.35.
  • Trade balance in current US$ was 164,212.00 million.
  • Trade as percentage of GDP was 83.00 .
  • Trade in services as percentage of GDP was 17.96 .

Trade Indicators 2022

Trade Indicators for Norway in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 9.14.
  • World Growth in percentage was 5.18 and Norway Country Growth was 20.14 .