Norway Imports

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.

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Norway Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	13869.80	15207.02	48677.18	-6100.20	NOK Million	[+]
Current Account	46795.00	91355.00	122200.00	-16087.00	NOK Million	[+]
Current Account to GDP	8.10	5.70	16.20	-6.10	percent	[+]
Imports	65796.78	62053.48	84950.76	696.00	NOK Million	[+]
Exports	79666.58	77260.50	99710.44	449.00	NOK Million	[+]
External Debt	5425403.00	5235309.00	5585278.00	0.00	NOK Million	[+]
Terms of Trade	105.38	108.23	115.90	75.84	Index Points	[+]
Capital Flows	54753.00	53275.00	189108.00	-61109.00	NOK Million	[+]
Crude Oil Production	1535.00	1525.00	3417.00	2.00	BBL/D/1K	[+]
Terrorism Index	0.15	0.00	4.71	0.00		[+]
Weapons Sales	134.00	150.00	278.00	1.00	USD Million	[+]
Foreign Direct Investment	-40950.00	-4796.00	118173.00	-219186.00	NOK Million	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

Norway Imports

In 2017, Norwegian imports rose by 12 percent from the previous year to NOK 683 billion. Main imports were: motor vehicles, trailers and semi-trailers (11 percent of total imports); machinery and equipment (10 percent); computer, electronic and optical products (9 percent); fabricated metal products, except machinery and equipment (8 percent); other transport equipment (7 percent); chemicals and chemical products (6 percent); food products (6 percent); basic metals (6 percent); electrical equipment (5 percent); and coke and refined petroleum products (4 percent). Main import partners were: Sweden and Germany (11 percent of total imports each); China (10 percent); the US and South Korea (7 percent each); Denmark and the UK (5 percent each); and the Netherlands (4 percent). This page provides the latest reported value for - Norway Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Imports - actual data, historical chart and calendar of releases - was last updated on April of 2019.