Overall Exports and Imports for Norway 2023
- The total value of exports (FOB) is US$ 177,196 million.
- The total value of imports (CIF) is US$ 96,985 million.
- At the HS6 digit level, 3,793 products are exported to 207 countries and 4,359 products are imported from 208 countries.
Top 5 Products exports 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:
- Norway exported Natural gas in gaseous state , worth 57,212,323.05 (US$ Thousands).
- Norway exported Petroleum oils and oils obtained from bituminou , worth 50,212,905.02 (US$ Thousands).
- Norway exported Fresh or chilled Pacific, Atlantic and Danube s , worth 8,610,224.13 (US$ Thousands).
- Norway exported Petroleum oils, etc, (excl. crude); preparation , worth 6,493,115.21 (US$ Thousands).
- 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
- Norway imported Automobiles nes including gas turbine powered , worth 5,604,715.58 (US$ Thousands).
- Norway imported Petroleum oils, etc, (excl. crude); preparation , worth 5,205,615.64 (US$ Thousands).
- Norway imported Nickel mattes , worth 2,676,621.88 (US$ Thousands).
- Norway imported Transmission apparatus, for radioteleph incorpo , worth 1,922,672.86 (US$ Thousands).
- Norway imported Other medicaments of mixed or unmixed products, , worth 1,344,829.14 (US$ Thousands).
Norway top 5 Export and Import partners 2023
The top five countries to which Norway exported 2023 along with the partner share in percentage are:
- Norway exports to United Kingdom worth US$ 33,741 million, with a partner share of 19.04 percent.
- Norway exports to Germany worth US$ 33,598 million, with a partner share of 18.96 percent.
- Norway exports to Netherlands worth US$ 14,737 million, with a partner share of 8.32 percent.
- Norway exports to Sweden worth US$ 13,685 million, with a partner share of 7.72 percent.
- Norway exports to Poland worth US$ 10,751 million, with a partner share of 6.07 percent.
The top five countries to which Norway imported goods 2023 along with the share in percentage are
- Norway imports from Germany worth US$ 10,978 million, with a partner share of 11.32 percent.
- Norway imports from China worth US$ 10,831 million, with a partner share of 11.17 percent.
- Norway imports from Sweden worth US$ 10,460 million, with a partner share of 10.78 percent.
- Norway imports from United States worth US$ 7,351 million, with a partner share of 7.58 percent.
- Norway imports from Netherlands worth US$ 4,652 million, with a partner share of 4.80 percent.
Norway 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.
- Norway Raw materials exports are worth US$ 66,595 million, product share of 37.58%.
- Norway Raw materials imports are worth US$ 5,744 million, product share of 5.92%.
- Norway Intermediate goods exports are worth US$ 18,611 million, product share of 10.50%.
- Norway Intermediate goods imports are worth US$ 21,091 million, product share of 21.75%.
- Norway Consumer goods exports are worth US$ 75,313 million, product share of 42.50%.
- Norway Consumer goods imports are worth US$ 38,686 million, product share of 39.89%.
- Norway Capital goods exports are worth US$ 11,495 million, product share of 6.49%.
- Norway Capital goods imports are worth US$ 30,143 million, product share of 31.08%.
Norway Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.09.
- Index of export market penetration is 0.09.
- World Growth in percentage is 0.09 and Norway Country Growth is -11.41.
Norway Service Trade data from WDI 2023
- Norway, Service imports (BoP, current US$) is 60,035,638,359.69.
- Norway, Service exports (BoP, current US$) is 53,275,964,234.66.
- Norway, Imports of goods and services as percentage of GDP is 32.45 %.
- Norway, Exports of goods and services as percentage of GDP is 47.91 %.