Norway ExportsNorway ExportsNorway Exports

Norway Exports

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Key data points

Last release
Observation period
May 2024
Next release
Forecast
Highest
‪320.34 B‬NOK on Aug 31, 2022
Lowest
‪449.00 M‬NOK on Jul 31, 1960

About Norway Exports

Category
Trade
Frequency
Monthly
Units
NOK
In 2019, exports from Norway slumped 9.4 percent from the previous year to NOK 904 billion, amid sluggish global growth and trade tensions between the US and China. Main exports were: mineral fuels, lubricants and related materials (56 percent of total exports), in particular petroleum, petroleum products (34 percent) and gas, natural and manufactured (21 percent); fish, crustaceans, molluscs and prep. thereof (12 percent); machinery and transport equipment (10 percent) mostly general industrial machinery and equipment (2 percent) and electrical machinery and apparatus (2 percent); chemicals and related products (7 percent); and non-ferrous metals (6 percent). The UK was the largest destination of Norway's shipments (20 percent of total exports), followed by Germany (14 percent), the Netherlands (11 percent), Sweden (8 percent), France (6 percent), Denmark (5 percent), the US, China and Belgium (4 percent each).