Overall Exports and Imports for Norway 2020
- The total value of exports (FOB) is US$ 82,749 million.
- The total value of imports (CIF) is US$ 81,624 million.
- At the HS6 digit level, 3,610 products are exported to 199 countries and 4,358 products are imported from 191 countries.
Top 5 Products exports imports at HS 6 digit level 2020
The top five exported HS 6 digit level products to world by Norway along with trade value are:
- Norway exported Petroleum oils and oils obtained from bituminou , worth US$ 22,558,847.31 million.
- Norway exported Natural gas in gaseous state , worth US$ 12,093,117.71 million.
- Norway exported Fresh or chilled Pacific, Atlantic and Danube s , worth US$ 5,605,462.96 million.
- Norway exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 3,728,806.34 million.
- Norway exported Aluminium unwrought, alloyed , worth US$ 2,243,549.80 million.
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 US$ 4,474,955.56 million.
- Norway imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,964,438.63 million.
- Norway imported Nickel mattes , worth US$ 1,918,787.42 million.
- Norway imported Transmission apparatus, for radioteleph incorpo , worth US$ 1,731,076.38 million.
- Norway imported Other medicaments of mixed or unmixed products, , worth US$ 1,473,236.35 million.
Norway top 5 Export and Import partners 2020
The top five countries to which Norway exported 2020 along with the partner share in percentage are:
- Norway exports to United Kingdom worth US$ 14,324 million, with a partner share of 17.31 percent.
- Norway exports to Germany worth US$ 9,971 million, with a partner share of 12.05 percent.
- Norway exports to Netherlands worth US$ 8,151 million, with a partner share of 9.85 percent.
- Norway exports to Sweden worth US$ 8,064 million, with a partner share of 9.75 percent.
- Norway exports to China worth US$ 6,335 million, with a partner share of 7.66 percent.
The top five countries to which Norway imported goods 2020 along with the share in percentage are
- Norway imports from China worth US$ 9,740 million, with a partner share of 11.93 percent.
- Norway imports from Germany worth US$ 9,261 million, with a partner share of 11.35 percent.
- Norway imports from Sweden worth US$ 8,646 million, with a partner share of 10.59 percent.
- Norway imports from United States worth US$ 5,521 million, with a partner share of 6.76 percent.
- Norway imports from United Kingdom worth US$ 4,433 million, with a partner share of 5.43 percent.
Norway Exports and Imports of Product Groups 2020
Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import.
- Norway Raw materials exports are worth US$ 33,929 million, product share of 41.00%.
- Norway Raw materials imports are worth US$ 4,874 million, product share of 5.97%.
- Norway Intermediate goods exports are worth US$ 12,469 million, product share of 15.07%.
- Norway Intermediate goods imports are worth US$ 16,018 million, product share of 19.62%.
- Norway Consumer goods exports are worth US$ 23,260 million, product share of 28.11%.
- Norway Consumer goods imports are worth US$ 33,191 million, product share of 40.66%.
- Norway Capital goods exports are worth US$ 9,354 million, product share of 11.30%.
- Norway Capital goods imports are worth US$ 26,838 million, product share of 32.88%.
Norway Trade Indicators 2020
- Hirschman Herfindahl Market concentration index is 0.08.
- Index of export market penetration is 0.08.
- World Growth in percentage is 0.08 and Norway Country Growth is -10.04.
Norway Service Trade data from WDI 2020
- Norway, Service imports (BoP, current US$) is 36,518,490,371.95.
- Norway, Service exports (BoP, current US$) is 35,328,047,695.85.
- Norway, Imports of goods and services as percentage of GDP is 32.94 %.
- Norway, Exports of goods and services as percentage of GDP is 32.36 %.