Importing from Norway

Norway Import Guide | Trade Finance Global

Importing from Norway

Imports in Norway are at around NOK 51000 million, which is mainly driven by machinery, transport equipment and miscellaneous manufactured articles. The imports have been at an average level of about 16000 NOK Million from around 1960 until 2015, which has reached a height of around 64000 NOK Million at the start of 2015 and a record low of almost 700 NOK Million in the middle of 1960.

The main imports are machinery and transport equipment (around 40%), manufactured articles (around 15%), food (around 6%), crude materials (around 6%) and mineral fuels (around 5%). The main import partners are Sweden (around 11%), Germany (around 10%), China (around 10%), the UK and the US (6%). The developed economy of

Norway is supported by a strong shipping industry in order to support the export sector. This has been complimented by the high availability of natural resources, which has included petroleum exploration, fisheries and power relating to hydroelectrics. Agriculture and heavy manufacturing have reduced compared to oil-related companies.

Importing from Norway? Contact our local experts


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British Pound
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Norwegian Krone
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Country Profile

CapitalKingdom of Norwayl Kongeriket Norge(Norwegian Bokml) Kongeriket Noreg(Norwegian Nynorsk) Norgga gonagasriika(Northern Sami) Flag Coat of arms Motto:Enig og tro til Dovre faller (Eidsvoll oath)(Norwegian) Anthem: Ja, vi elsker dette landet(de facto) (English: "Yes, we love this country") Norges Skaal (de jure, not used from
Population
Area385,178 km2 (61st)
148,718 sq mi
Currency Norwegian krone
GDP
LanguagesNorwegian

0.82

Econ Complexity 20th of 89
1980
2016

$89.4B

Exports 30th of 120
1980
2016

$72.3B

Imports 34th of 120
1980
2016

$59.3k

GDP Per Capita 5th of 89
1990
2016

Norway: Exports Profile

Exports from Norway

Exports from Norway: $92.4 billion
Export commodities:Petroleum and petroleum products, machinery and equipment, metals, chemicals, ships, fish
Top export destinations:United Kingdom 22.2%, Germany 17.9%, Netherlands 10,2%, France 6.6%, Sweden 6.1%, Belgium 5.0%
GDP growth (annual %)

Importing from Norway? Contact our local experts

Country Profile

CapitalKingdom of Norwayl Kongeriket Norge(Norwegian Bokml) Kongeriket Noreg(Norwegian Nynorsk) Norgga gonagasriika(Northern Sami) Flag Coat of arms Motto:Enig og tro til Dovre faller (Eidsvoll oath)(Norwegian) Anthem: Ja, vi elsker dette landet(de facto) (English: "Yes, we love this country") Norges Skaal (de jure, not used from
Population
Area385,178 km2 (61st)
148,718 sq mi
Currency Norwegian krone
GDP
LanguagesNorwegian

0.82

Econ Complexity 20th of 89
1980
2016

$89.4B

Exports 30th of 120
1980
2016

$72.3B

Imports 34th of 120
1980
2016

$59.3k

GDP Per Capita 5th of 89
1990
2016
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