Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Norway | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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2023
TOTAL. ALL COMMODITIESNorwayWorldExportsValue (US$)160,952,207,393.00155,350,552,822.00144,611,289,843.00103,785,482,320.3689,628,326,847.00101,976,020,159.69123,040,316,872.77104,029,881,468.0182,748,920,957.74161,686,747,944.17276,926,311,861.95176,896,550,418.72
Value Growth, YoY (%)0.33-3.48-6.91-28.23-13.6413.7720.65-15.45-20.4595.3971.27-36.12
ImportsValue (US$)87,307,781,576.0089,807,226,946.0089,439,400,931.0076,399,025,807.7272,809,787,770.0085,525,862,977.2887,434,996,146.2786,144,982,447.5181,623,755,550.3499,193,357,823.76107,197,454,805.4496,667,095,950.09
Value Growth, YoY (%)-3.822.86-0.40-14.58-4.6917.462.23-1.47-5.2421.528.06-9.82

The value of merchandise exports from Norway totalled $ 176 billion in 2023. Overall commodity exports from Norway decreased by 36% compared to 2022. Merchandise exports decreased by $ 100 billion (the value of merchandise exports from Norway amounted to $276 billion in 2022)

Norway's exports 2023 by country

Top export destinations of commodities from Norway in 2023:

  • United Kingdom with a share of 19% (33 billion US$)
  • Germany with a share of 19% (33 billion US$)
  • Netherlands with a share of 8.32% (14.7 billion US$)
  • Sweden with a share of 7.71% (13.6 billion US$)
  • Poland with a share of 6.06% (10.7 billion US$)
  • France with a share of 5.93% (10.5 billion US$)
  • Belgium with a share of 5.53% (9.79 billion US$)
  • Denmark with a share of 4.99% (8.82 billion US$)
  • Finland with a share of 3.32% (5.87 billion US$)
  • USA with a share of 3.21% (5.68 billion US$)

Exports structure from Norway in 2023 represented by the following main commodity groups:

  • 68% (120 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 8.72% (15.4 billion US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
  • 2.93% (5.18 billion US$): 99 - Commodities not specified according to kind
  • 2.87% (5.09 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 2.72% (4.82 billion US$): 76 - Aluminum and articles thereof
  • 1.79% (3.17 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 1.17% (2.08 billion US$): 75 - Nickel and articles thereof
  • 1.12% (1.98 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 0.935% (1.65 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 0.828% (1.46 billion US$): 72 - Iron and steel

What did Norway export in 2023?

Norway's Top Exports in 2023:

  • 34% ($61 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 28% ($50 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 5.31% ($9.4 billion): 0302 - Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 0304
  • 3.66% ($6.48 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 2.09% ($3.7 billion): 7601 - Unwrought aluminium
  • 1.78% ($3.15 billion): 0304 - Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen.
  • 1.45% ($2.58 billion): 2716 - Electrical energy. (optional heading)
  • 1.16% ($2.06 billion): 7502 - Unwrought nickel
  • 0.92% ($1.62 billion): 0303 - Fish, frozen, excluding fish fillets and other fish meat of heading 03.04.

The value of merchandise imports to Norway totalled $ 96 billion in 2023. Overall commodity imports to Norway decreased by 9.82% compared to 2022. Merchandise imports decreased by $ 10.5 billion (the value of merchandise imports to Norway was equal to $107 billion in 2022)

Norway's imports 2023 by country

Top trading partners (import sources) of Norway in 2023:

  • Germany with a share of 11.3% (10.9 billion US$)
  • China with a share of 11.1% (10.7 billion US$)
  • Sweden with a share of 10.8% (10.4 billion US$)
  • USA with a share of 7.6% (7.35 billion US$)
  • Netherlands with a share of 4.77% (4.62 billion US$)
  • Denmark with a share of 4.66% (4.5 billion US$)
  • United Kingdom with a share of 4.48% (4.33 billion US$)
  • Poland with a share of 3.59% (3.47 billion US$)
  • Italy with a share of 3.1% (2.99 billion US$)
  • France with a share of 2.84% (2.74 billion US$)

Imports structure to Norway in 2023 represented by the following main commodity groups:

  • 13.4% (12.9 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 11.2% (10.9 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 9.66% (9.34 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 8.48% (8.2 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 4.39% (4.24 billion US$): 73 - Articles of iron or steel
  • 3.1% (2.99 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.85% (2.75 billion US$): 39 - Plastics and articles thereof
  • 2.84% (2.74 billion US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 2.83% (2.74 billion US$): 75 - Nickel and articles thereof
  • 2.66% (2.57 billion US$): 30 - Pharmaceutical products

What did Norway import in 2023?

Norway's Top Imports in 2023:

  • 6.38% ($6.16 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 5.36% ($5.18 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 2.77% ($2.67 billion): 7501 - Nickel mattes, nickel oxide sinters and other intermediate products of nickel metallurgy
  • 2.2% ($2.13 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 1.97% ($1.9 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 1.86% ($1.8 billion): 8704 - Motor vehicles for the transport of goods
  • 1.71% ($1.65 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 1.3% ($1.26 billion): 7308 - Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel
  • 1.24% ($1.2 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude

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Norway | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023