Norway recorded a trade surplus of 60066 NOK Million in August of 2025. This dataset provides the latest reported value for - Norway Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Norway's Trade Balance

• Norway's Trade Balance recorded a surplus of 8.4 USD bn in Jan 2025, compared with a surplus of 7.4 USD bn in the previous month
• Norway's Trade Balance data is updated monthly, available from Jan 1957 to Jan 2025, with an averaged value of 375.1 USD mn
• The data reached an all-time high of 23.7 USD bn in Aug 2022 and a record low of -986.4 USD mn in Jun 2020

CEIC converts monthly Trade Balance into USD. Statistics Norway provides Trade Balance in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Trade Balance prior to January 1976 is sourced from the International Monetary Fund.

Further information about Norway's Trade Balance

• In the latest reports, Norway's Total Exports reached 15.1 USD bn in Dec 2024, an increase of 1.0% YoY (year-on-year)
• Total Imports recorded 7.3 USD bn in Jan 2025, an increase of 1.0% YoY (year-on-year)

Trade (% of GDP) in Norway was reported at 81.22 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Norway - Trade (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Norway (XTNTVA01NOQ667S) from Q1 1957 to Q2 2025 about Norway, trade, Net, and goods.

Key information about Norway Total Imports Growth

• Norway Total Imports grew 1.0 % YoY in Jan 2025, compared with a decrease of 9.3 % YoY in the previous month
• Norway Total Imports Growth data is updated monthly, available from Jan 1977 to Jan 2025, with an averaged rate of 6.8 %
• The data reached an all-time high of 58.7 % in Jul 1977 and a record low of -47.1 % in Jul 1978

CEIC calculates Total Imports Growth from monthly Total Imports. Statistical Norway provides Total Imports in local currency.


Further information about Norway Total Imports Growth

• In the latest reports, Norway Total Imports recorded 7.3 USD bn in Jan 2025
• Total Exports reached 15.1 USD bn in Dec 2024, which registered an increase of 8.4 % year on year
• Norway Trade Balance recorded a surplus of 8.4 USD bn in Jan 2025

Time series data for the statistic Trade_Balance_Norway_with_Sao_Tome_and_Principe. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe Serie's long term average value is 81.63 Thousand. It's latest available value, on 4/30/2025, is -92.61 Thousand lower, compared to it's long term average value.The Serie's change from it's minimum value, on 8/31/2000, to it's latest available value, on 4/30/2025, is +658.99 Thousand.The Serie's change from it's maximum value, on 7/31/1992, to it's latest available value, on 4/30/2025, is -847.06 Thousand.

Time series data for the statistic Trade_Balance_Norway_with_Qatar. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -2.99 Million as of 5/31/2025, the lowest value since 6/30/2021. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -8.14 Million compared to the value the year prior.The Serie's long term average value is 2.78 Million. It's latest available value, on 5/31/2025, is -5.77 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 11/30/2015, to it's latest available value, on 5/31/2025, is +46.89 Million.The Serie's change from it's maximum value, on 3/31/2023, to it's latest available value, on 5/31/2025, is -114.02 Million.

European Union Trade Balance: EA 20: Norway: Petroleum Products data was reported at -1.799 EUR bn in Feb 2025. This records an increase from the previous number of -2.748 EUR bn for Jan 2025. European Union Trade Balance: EA 20: Norway: Petroleum Products data is updated monthly, averaging -1.253 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of -0.274 EUR bn in Apr 2020 and a record low of -2.748 EUR bn in Jan 2025. European Union Trade Balance: EA 20: Norway: Petroleum Products data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA093: Eurostat: Trade Statistics: By SITC: Euro Area: Norway.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Norway (XTNTVA01NOM667S) from Jan 1957 to Jul 2025 about Norway, trade, Net, and goods.

Norway recorded a Current Account surplus of 16.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Norway Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Norway Total Exports

• Norway Total Exports expanded 19.9 % YoY in Jan 2025, compared with an increase of 8.4 % YoY in the previous month
• Norway Total Exports Growth data is updated monthly, available from Jan 1976 to Jan 2025, with an averaged rate of 8.0 %
• The data reached an all-time high of 186.7 % in Dec 2021 and a record low of -55.0 % in Aug 2023

CEIC calculates Total Exports Growth from monthly Total Exports. Statistics Norway provides Total Exports in local currency.


Further information about Norway Total Exports

• In the latest reports, Norway Total Exports recorded 15.7 USD bn in Jan 2025
• Total Imports recorded 7.3 USD bn in Jan 2025, which registered an increase of 1.0 % year on year
• Norway Trade Balance recorded a surplus of 8.4 USD bn in Jan 2025

Time series data for the statistic Trade_Balance_Norway_with_Vietnam. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -72.30 Million as of 5/31/2025, the lowest value since 9/30/2024. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -19.39 Million compared to the value the year prior.The Serie's long term average value is -15.14 Million. It's latest available value, on 5/31/2025, is -57.17 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 8/31/2020, to it's latest available value, on 5/31/2025, is +56.79 Million.The Serie's change from it's maximum value, on 6/30/2010, to it's latest available value, on 5/31/2025, is -143.48 Million.

Time series data for the statistic Trade_Balance_Norway_with_China. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -0.3679 Billion as of 5/31/2025, the highest value since 4/30/2024. Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.3596 Billion compared to the value the year prior.The Serie's long term average value is -0.25 Billion. It's latest available value, on 5/31/2025, is -0.117 Billion lower, compared to it's long term average value.The Serie's change from it's minimum value, on 10/31/2024, to it's latest available value, on 5/31/2025, is +0.7395 Billion.The Serie's change from it's maximum value, on 1/31/2021, to it's latest available value, on 5/31/2025, is -0.6272 Billion.

Current account balance (% of GDP) in Norway was reported at 17.06 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Norway - Current account balance (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

United States Exports to Norway was US$4.55 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to Norway - data, historical chart and statistics - was last updated on September of 2025.

Time series data for the statistic Trade_Balance_Norway_with_Finland. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 182.27 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 147.73 Million compared to the value the year prior.The Serie's long term average value is 9.36 Million. It's latest available value, on 5/31/2025, is 172.91 Million higher, compared to it's long term average value.The Serie's change from it's minimum value, on 9/30/2007, to it's latest available value, on 5/31/2025, is +731.20 Million.The Serie's change from it's maximum value, on 5/31/2022, to it's latest available value, on 5/31/2025, is -421.18 Million.

Time series data for the statistic Trade_Balance_Norway_with_Eritrea. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 0.0049 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.004 Million compared to the value the year prior.The Serie's long term average value is 0.0621 Million. It's latest available value, on 5/31/2025, is -0.0573 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 11/30/2024, to it's latest available value, on 5/31/2025, is +0.027 Million.The Serie's change from it's maximum value, on 1/31/2013, to it's latest available value, on 5/31/2025, is -1.22 Million.

Trade Balance: swda: EU 27E: Norway: Other Manufactured Products data was reported at 0.736 EUR bn in Feb 2025. This records an increase from the previous number of 0.688 EUR bn for Jan 2025. Trade Balance: swda: EU 27E: Norway: Other Manufactured Products data is updated monthly, averaging 0.548 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 0.736 EUR bn in Feb 2025 and a record low of 0.153 EUR bn in Jun 2003. Trade Balance: swda: EU 27E: Norway: Other Manufactured Products data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA039: Eurostat: Trade Statistics: By SITC: European Union: Norway.

Time series data for the statistic Trade_Balance_Norway_with_Aruba. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe Serie's long term average value is 0.198 Million. It's latest available value, on 4/30/2025, is 0.0536 Million higher, compared to it's long term average value.The Serie's change from it's minimum value, on 3/31/2025, to it's latest available value, on 4/30/2025, is +0.3596 Million.The Serie's change in percent from it's maximum value, on 11/30/1999, to it's latest available value, on 4/30/2025, is -99.38%.

Time series data for the statistic Trade_Balance_Norway_with_Benin. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 0.0188 Million as of 5/31/2025, the lowest value since 6/30/2020. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.029 Million compared to the value the year prior.The Serie's long term average value is 0.248 Million. It's latest available value, on 5/31/2025, is -0.229 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 5/31/2020, to it's latest available value, on 5/31/2025, is +0.0367 Million.The Serie's change from it's maximum value, on 2/29/2016, to it's latest available value, on 5/31/2025, is -5.03 Million.