Imports to Norway rose 2.2 percent from a year earlier to NOK 65.8 billion in March 2019, boosted by purchases of miscellaneous manufactures articles (17.6 percent); food and live animals (8.6 percent); chemicals and related products, n.e.s (13 percent); and machinery and transport equipment (16.9 percent). Considering the first quarter of the year, imports surged 10.5 percent year-on-year to NOK 188.3 billion. Imports in Norway averaged 18319.52 NOK Million from 1960 until 2019, reaching an all time high of 84950.76 NOK Million in November of 2017 and a record low of 696 NOK Million in July of 1960.
Imports in Norway is expected to be 62100.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Norway to stand at 64600.00 in 12 months time. In the long-term, the Norway Imports is projected to trend around 72200.00 NOK Million in 2020, according to our econometric models.