Norway (NOR)

Annual exports and imports in 2024 (USD).

Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.

Exports

$168.27B

Imports

$101.27B

Total trade

$269.53B

Trade balance

$67.00B

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Norway - trade dependency by partner, 2024 (USD)

Share of exports, imports, and total trade attributed to each partner.

Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade

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Showing top 10 partners by total dependency.

Rank #1

Germany (DEU)

Total

13.6%

Exports

15.6%

$26.24B

Imports

10.4%

$10.49B

Total

13.6%

$36.73B

Rank #2

United Kingdom (GBR)

Total

13.6%

Exports

19.0%

$32.03B

Imports

4.6%

$4.66B

Total

13.6%

$36.69B

Rank #3

Netherlands (NLD)

Total

8.3%

Exports

10.6%

$17.82B

Imports

4.5%

$4.58B

Total

8.3%

$22.40B

Rank #4

Sweden (SWE)

Total

8.2%

Exports

6.9%

$11.60B

Imports

10.4%

$10.50B

Total

8.2%

$22.10B

Rank #5

China (CHN)

Total

5.9%

Exports

2.3%

$3.93B

Imports

11.9%

$12.06B

Total

5.9%

$15.98B

Rank #6

USA (USA)

Total

5.0%

Exports

3.4%

$5.79B

Imports

7.6%

$7.69B

Total

5.0%

$13.48B

Rank #7

Poland (POL)

Total

4.9%

Exports

5.8%

$9.77B

Imports

3.4%

$3.44B

Total

4.9%

$13.22B

Rank #8

France (FRA)

Total

4.8%

Exports

6.1%

$10.28B

Imports

2.7%

$2.78B

Total

4.8%

$13.06B

Rank #9

Denmark (DNK)

Total

4.6%

Exports

4.9%

$8.21B

Imports

4.2%

$4.26B

Total

4.6%

$12.48B

Rank #10

Belgium (BEL)

Total

4.0%

Exports

5.1%

$8.60B

Imports

2.1%

$2.09B

Total

4.0%

$10.69B

Rank	Partner	Export dependency	Import dependency	Total dependency
1	Germany (DEU)	15.6% $26.24B	10.4% $10.49B	13.6% $36.73B
2	United Kingdom (GBR)	19.0% $32.03B	4.6% $4.66B	13.6% $36.69B
3	Netherlands (NLD)	10.6% $17.82B	4.5% $4.58B	8.3% $22.40B
4	Sweden (SWE)	6.9% $11.60B	10.4% $10.50B	8.2% $22.10B
5	China (CHN)	2.3% $3.93B	11.9% $12.06B	5.9% $15.98B
6	USA (USA)	3.4% $5.79B	7.6% $7.69B	5.0% $13.48B
7	Poland (POL)	5.8% $9.77B	3.4% $3.44B	4.9% $13.22B
8	France (FRA)	6.1% $10.28B	2.7% $2.78B	4.8% $13.06B
9	Denmark (DNK)	4.9% $8.21B	4.2% $4.26B	4.6% $12.48B
10	Belgium (BEL)	5.1% $8.60B	2.1% $2.09B	4.0% $10.69B

Generated by TradeVedia.comSource: UN Comtrade

Norway's total trade in 2024 reached $269.5B, ranking 31st globally.
Exports were valued at $168.3B (rank 30) and imports at $101.3B (rank 36), yielding a trade surplus of $67.0B.
The country's top export destination was the United Kingdom, receiving $32.0B (19.0%) of total exports.
China was the leading source of imports, accounting for $12.1B (11.9%) of Norway's import market.
The top export product category was Mineral fuels (HS2 27), with a total value of $110.3B.
The most imported product category was Machinery and mechanical appliances (HS2 84), valued at $15.1B.

Norway's Trade Performance in 2024

In 2024, Norway's international trade activity involved $168.3B in exports and $101.3B in imports, creating a total trade volume of $269.5B. This placed Norway at rank 31 for total trade globally. The country maintained a positive trade balance of $67.0B. Key export markets included the United Kingdom, with shipments valued at $32.0B (19.0%), and Germany, with $26.2B (15.6%). On the import side, Norway's top partners were China ($12.1B, 11.9%) and Sweden ($10.5B, 10.4%).

Top Traded Products

Norway's export economy in 2024 was dominated by Mineral fuels, mineral oils and products of their distillation (HS2 27), which accounted for $110.3B or 65.5% of total exports. The second-largest export category was Fish and crustaceans (HS2 03), valued at $15.5B. For imports, the leading category was Machinery and mechanical appliances (HS2 84), with a total value of $15.1B, representing 14.9% of imports. This was followed by Vehicles (HS2 87) at $10.1B.

Exports

Norway - exports over time (Exports), 2015-2024 (USD)

Annual reported export values across available years.

Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top export categories

Largest HS2 categories by export value in the selected year.

#1 • HS 27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

$110.26B

65.5% share

#2 • HS 03

Fish and crustaceans, molluscs and other aquatic invertebrates

$15.46B

9.2% share

#3 • HS 84

Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof

$5.79B

3.4% share

#4 • HS 99

Commodities not specified according to kind

$5.26B

3.1% share

#5 • HS 76

Aluminium and articles thereof

$4.99B

3.0% share

#6 • HS 85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

$3.82B

2.3% share

#7 • HS 90

Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories

$2.17B

1.3% share

#8 • HS 75

Nickel and articles thereof

$1.63B

1.0% share

#9 • HS 89

Ships, boats and floating structures

$1.52B

0.9% share

#10 • HS 72

Iron and steel

$1.40B

0.8% share

#11 • HS 87

Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

$1.38B

0.8% share

#12 • HS 73

Iron or steel articles

$1.25B

0.7% share

#13 • HS 44

Wood and articles of wood; wood charcoal

$974.99M

0.6% share

#14 • HS 30

Pharmaceutical products

$944.80M

0.6% share

#15 • HS 38

Chemical products n.e.c.

$797.87M

0.5% share

Rank	Category	Value	Share
1	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	$110.26B	65.5%
2	Fish and crustaceans, molluscs and other aquatic invertebrates	$15.46B	9.2%
3	Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof	$5.79B	3.4%
4	Commodities not specified according to kind	$5.26B	3.1%
5	Aluminium and articles thereof	$4.99B	3.0%
6	Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles	$3.82B	2.3%
7	Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories	$2.17B	1.3%
8	Nickel and articles thereof	$1.63B	1.0%
9	Ships, boats and floating structures	$1.52B	0.9%
10	Iron and steel	$1.40B	0.8%
11	Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof	$1.38B	0.8%
12	Iron or steel articles	$1.25B	0.7%
13	Wood and articles of wood; wood charcoal	$974.99M	0.6%
14	Pharmaceutical products	$944.80M	0.6%
15	Chemical products n.e.c.	$797.87M	0.5%

Labels hide HS codes by default — hover a category to reveal the code.

Norway - export composition by product categories (Exports), 2024 (USD)

Largest product categories by export value in the selected year.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Norway - export composition by 4-digit product groups (Exports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Imports

Norway - imports over time (Imports), 2015-2024 (USD)

Annual reported import values across available years.

Flow: Imports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top import categories

Largest HS2 categories by import value in the selected year.

#1 • HS 84

Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof

$15.06B

14.9% share

#2 • HS 87

Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

$10.05B

9.9% share

#3 • HS 85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

$9.42B

9.3% share

#4 • HS 27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

$6.60B

6.5% share

#5 • HS 73

Iron or steel articles

$4.61B

4.6% share

#6 • HS 99

Commodities not specified according to kind

$3.46B

3.4% share

#7 • HS 90

Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories

$3.23B

3.2% share

#8 • HS 30

Pharmaceutical products

$3.03B

3.0% share

#9 • HS 39

Plastics and articles thereof

$2.71B

2.7% share

#10 • HS 94

Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.c.; illuminated signs, illuminated name-plates and the like; prefabricated buildings

$2.66B

2.6% share

#11 • HS 28

Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes

$2.22B

2.2% share

#12 • HS 89

Ships, boats and floating structures

$2.15B

2.1% share

#13 • HS 75

Nickel and articles thereof

$2.08B

2.1% share

#14 • HS 15

Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes

$1.88B

1.9% share

#15 • HS 23

Food industries, residues and wastes thereof; prepared animal fodder

$1.70B

1.7% share

Rank	Category	Value	Share
1	Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof	$15.06B	14.9%
2	Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof	$10.05B	9.9%
3	Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles	$9.42B	9.3%
4	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	$6.60B	6.5%
5	Iron or steel articles	$4.61B	4.6%
6	Commodities not specified according to kind	$3.46B	3.4%
7	Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories	$3.23B	3.2%
8	Pharmaceutical products	$3.03B	3.0%
9	Plastics and articles thereof	$2.71B	2.7%
10	Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.c.; illuminated signs, illuminated name-plates and the like; prefabricated buildings	$2.66B	2.6%
11	Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes	$2.22B	2.2%
12	Ships, boats and floating structures	$2.15B	2.1%
13	Nickel and articles thereof	$2.08B	2.1%
14	Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes	$1.88B	1.9%
15	Food industries, residues and wastes thereof; prepared animal fodder	$1.70B	1.7%

Labels hide HS codes by default — hover a category to reveal the code.

Norway - import composition by product categories (Imports), 2024 (USD)

Largest product categories by import value in the selected year.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Norway - import composition by 4-digit product groups (Imports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade