Country export capability

Norway
export capability

A reported view of Norway's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

NOR1995-2024 coverage270 active partner marketsMacro trend resilient
Latest exports$163.4B2024 reported value
Latest imports$94.0B2024 reported value
Trade balance$69.4BExports minus imports
Export growth-7.5%Latest year-on-year change
Active partners270Latest reported markets

Country export profile overview

Norway export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Norway recorded $163.4B in exports and $94.0B in imports. The resulting $69.4B trade balance gives the latest country-level position a clear context.

Exports changed -7.5% year on year and show a calculated -3.2% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

United Kingdom received $30.4B in reported exports, representing 18.6% of the latest country total. Mineral fuels was the largest displayed HS2 export sector at $107.8B and 65.9% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Norway's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$483.6B2024 macro context
GDP per capita$86.8KCurrent-dollar GDP
Population5.6MReported population
Labor force2.9KReported labor force
Investment rate24.5%National investment rate
Savings rate34.3%National savings rate
Trade openness40.3%Exports + imports / GDP
Exports / GDP25.6%Merchandise exports / GDP
Secondary education93%Education context
Tertiary education28%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Norway
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
GermanyDEUCritical attention57.7%47%4.3%Buyer-market concentration is the largest observed corridor exposure
United KingdomGBRCritical attention92.7%54.4%Not reportedBuyer-market concentration is the largest observed corridor exposure
BelgiumBELCritical attention87.3%58.1%4.4%Buyer-market concentration is the largest observed corridor exposure
FranceFRACritical attention66.2%60.2%4.4%Current trade remains materially below historical peaks
DenmarkDNKCritical attention78.3%23.6%4.4%Buyer-market concentration is the largest observed corridor exposure
NetherlandsNLDWatch43.3%36.9%4.4%Current trade remains materially below historical peaks
USA, Puerto Rico and US Virgin IslandsUSAWatch35.8%29.3%4.7%Buyer-market concentration is the largest observed corridor exposure
ChinaCHNHigh attention69.3%44%30.2%Volatile products account for the largest observed corridor exposure
LithuaniaLTUCritical attention91.7%17.3%2.2%Buyer-market concentration is the largest observed corridor exposure
SwedenSWEHigh attention75.2%34.6%3.9%Buyer-market concentration is the largest observed corridor exposure

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Norway
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1ChinaHS6 260111 · Iron ores and concentrates: non-agglomerated$111.0B$119.1B0%Stable -2.6%
2USA, Puerto Rico and US Virgin IslandsHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$165.0B$115.2B0.2%Slowing +1.1%
3ChinaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$291.6B$96.5B0.5%Growing -6.7%
4ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$93.1B0%Slowing +10.5%
5IndiaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$130.1B$72.9B0.1%Growing -0.5%
6ChinaHS6 854232 · Electronic integrated circuits: memories$80.6B$65.7B0%Stable +20.6%
7ChinaHS6 854239 · Electronic integrated circuits: n.e.c. in heading no. 8542$81.8B$61.4B0%Slowing +4%
8USA, Puerto Rico and US Virgin IslandsHS6 851712 · Telephones for cellular networks or for other wireless networks$53.9B$53.8B0%Stable -8.8%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Norway.
All HS4 export lines2024 ranking
Top HS4 export lines for Norway
RankHS4Parent HS2 sectorExportsShareActive HS6
12711HS4 detail codeMineral fuels (27) ↗$49.9B30.6%7
22709HS4 detail codeMineral fuels (27) ↗$49.9B30.6%1
30302HS4 detail codeFish and crustaceans (03) ↗$8.9B5.5%45
42710HS4 detail codeMineral fuels (27) ↗$5.4B3.3%5
50304HS4 detail codeFish and crustaceans (03) ↗$4.1B2.5%46
67601HS4 detail codeAluminium (76) ↗$3.8B2.3%2
72716HS4 detail codeMineral fuels (27) ↗$2.3B1.4%1
80303HS4 detail codeFish and crustaceans (03) ↗$1.8B1.1%42
97502HS4 detail codeNickel (75) ↗$1.1B0.7%2
107202HS4 detail codeIron and steel (72) ↗$1.0B0.6%15
110305HS4 detail codeFish and crustaceans (03) ↗$946.3M0.6%22
123105HS4 detail codeFertilisers (31) ↗$852.6M0.5%8

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Norway combines $163.4B in exports with a broad partner network.

In 2024, Norway recorded $163.4B in reported exports and $94.0B in imports, producing a reported trade surplus of $69.4B. Exports changed -7.5% year on year and -3.2% annualized over three years. Mineral fuels (HS2 27) was the largest displayed export sector by value.

Destination network

Where Norway exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Norway
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1United KingdomGBR$30.4B18.6%-7.3%-5.4%
2GermanyDEU$27.4B16.8%-17.3%-13.6%
3NetherlandsNLD$13.4B8.2%-16%-3.5%
4SwedenSWE$13.4B8.2%-13.2%-3.3%
5FranceFRA$9.7B5.9%+5.8%+1.5%
6PolandPOL$8.9B5.4%-8.2%+40.1%
7BelgiumBEL$7.7B4.7%-17.7%-5.2%
8DenmarkDNK$7.5B4.6%-1.1%+17.1%
9USA, Puerto Rico and US Virgin IslandsUSA$6.1B3.7%+5.1%+2.7%
10FinlandFIN$5.8B3.5%-6.8%+44.2%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$161.1B
2014
$152.5B
2015
$112.9B
2016
$96.7B
2017
$110.3B
2018
$133.0B
2019
$114.9B
2020
$92.0B
2021
$180.0B
2022
$262.1B
2023
$176.6B
2024
$163.4B

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets62Reported count
WTO partner markets169Reported count
EU partner markets28Reported count
Shared-border partners3Country context
Shared-language partners0Country context
Average partner distance6,842 kmCalculated average
Partners with FTA23%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share70.3%

Covered value under attention

Critical share28.1%

Covered value marked critical

Below historical peak40.3%

Distance below route peaks

FTA-covered exports88.5%

Covered value with FTA context

Weighted tariff context0.1%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: Trade remains below historical peaks.

Momentum score-6.2

History-based indicator

Partner concentration914.9

Partner HHI

Product concentration1,757.9

Product HHI

Country attention level: Critical attention. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3NOR
Exports Usd$163.4B
Imports Usd$94.0B
Trade Balance Usd$69.4B
Yoy Exports Growth Pct-7.5%
Yoy Imports Growth Pct2.8%
Exports Cagr 3y Pct-3.2%
Imports Cagr 3y Pct0.2%
Export Partner Hhi914.9
Export Product Hhi1,757.9
Momentum Score-6.2
Risk Score13.4
Gdp Million Usd483,592.65 million USD
Gdp Per Capita Usd$86.8K
Population5,572,279
Labor Force2,933.1
Investment Rate Pct24.5%
Savings Rate Pct34.3%
Secondary Education Pct93%
Tertiary Education Pct28%
Total Factor Productivity3,939.2
Trade Openness Pct40.3%
Exports Gdp Pct25.6%
Num Active Partners270
Num Fta Partners62
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners3
Num Shared Language Partners0
Avg Partner Distance Km6,842 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta23
Pct Partners Shared Language0
Pct Partners Shared Border1
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km6,820
Num Border Partners75
Num Colonial Partners0
Avg Substitution Elasticity-10.6
Pct Products High Elasticity75
Pct Products Low Elasticity3
Real Market Potential250,106.4
Foreign Market Potential29,376.8

Exposure fields

Country Iso3NOR
All History Lane Count23,658
Current Lane Count15,616
Critical Lane Count109
High Attention Lane Count1,871
High Volatility Lane Count9,401
Unrecovered Drawdown Lane Count8,327
Declining Demand Lane Count108
Concentrated Market Lane Count5,204
Access Friction Lane Count1,848
Buyer Macro Weakness Lane Count595
Monitored Exports Current Usd$159.0B
Attention Exports Usd$111.8B
Critical Exports Usd$44.7B
High Volatility Exports Usd$55.5B
Unrecovered Drawdown Exports Usd$77.0B
Non Fta Exports Usd$17.4B
Monitored Attention Share Pct70.3%
Monitored Critical Share Pct28.1%
Fta Covered Exports Share Pct88.5%
Export Weighted Volatility Cv1
Export Weighted Below Peak Pct40.3%
Export Weighted Distance Km1,883 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$163.4B
Total Imports Latest Usd$94.0B
Trade Balance Latest Usd$69.4B
Exports Yoy Latest Pct-7.5%
Exports Cagr 3y Latest Pct-3.2%
Gdp Latest Million Usd483,592.65 million USD
Gdp Per Capita Latest Usd$86.8K
Population Latest5,572,279
Investment Rate Latest Pct24.5%
Savings Rate Latest Pct34.3%
Trade Openness Latest Pct40.3%
Exports Gdp Latest Pct25.6%
Active Partners Latest270
Fta Partners Latest62
Foreign Market Potential Latest29,376.8
Gdp 5y Cagr Pct3.4%
Gdp Per Capita 5y Cagr Pct2.6%
Population 5y Cagr Pct0.8%
Partner Hhi Latest914.9
Partner Top1 Share Latest Pct18.6%
Partner Top3 Share Latest Pct43.6%
Partner Hhi All Avg1,024.8
Partner Hhi All Max1,385.4
Product Hhi Latest1,757.9
Product Top1 Share Latest Pct30.6%
Product Top3 Share Latest Pct63.4%
Product Hhi All Avg1,832.3
Product Hhi All Max2,830
Total Exports Attention Share Pct68.4%
Total Exports Critical Share Pct27.3%
Attention LevelCritical attention
Primary Risk DriverTrade remains below historical peaks
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$41.0B$29.9B$11.2BNot reportedNot reported
1996$47.5B$31.7B$15.8B+15.9%Not reported
1997$47.1B$33.8B$13.3B-1%Not reported
1998$39.7B$35.4B$4.3B-15.7%-1.1%
1999$44.5B$32.3B$12.2B+12.2%-2.2%
2000$61.3B$32.3B$29.0B+37.6%+9.2%
2001$57.5B$31.4B$26.0B-6.2%+13.1%
2002$58.3B$33.4B$24.8B+1.4%+9.4%
2003$66.6B$39.2B$27.5B+14.3%+2.8%
2004$82.1B$47.5B$34.5B+23.2%+12.6%
2005$101.2B$53.9B$47.3B+23.3%+20.2%
2006$117.9B$62.3B$55.6B+16.5%+21%
2007$129.9B$77.2B$52.7B+10.2%+16.6%
2008$167.3B$86.1B$81.2B+28.7%+18.2%
2009$113.0B$67.1B$45.9B-32.4%-1.4%
2010$135.4B$74.8B$60.6B+19.8%+1.4%
2011$168.0B$86.7B$81.3B+24.1%+0.1%
2012$155.7B$84.0B$71.7B-7.3%+11.3%
2013$161.1B$85.7B$75.4B+3.5%+6%
2014$152.5B$85.4B$67.1B-5.3%-3.2%
2015$112.9B$74.2B$38.8B-26%-10.2%
2016$96.7B$70.8B$25.9B-14.4%-15.6%
2017$110.3B$80.3B$30.1B+14.1%-10.2%
2018$133.0B$83.8B$49.2B+20.6%+5.6%
2019$114.9B$84.2B$30.7B-13.6%+5.9%
2020$92.0B$78.6B$13.4B-20%-5.9%
2021$180.0B$93.6B$86.4B+95.6%+10.6%
2022$262.1B$99.8B$162.3B+45.6%+31.6%
2023$176.6B$91.5B$85.1B-32.6%+24.3%
2024$163.4B$94.0B$69.4B-7.5%-3.2%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
127Mineral fuels$107.8B65.9%9643
203Fish and crustaceans$16.1B9.9%144214
384Machinery$5.1B3.1%177514
476Aluminium$5.1B3.1%12035
585Electrical machinery$3.4B2.1%180261
690Optical and medical instruments$2.0B1.2%171142
789Ships and boats$1.8B1.1%10217
872Iron and steel$1.7B1%99166
929Organic chemicals$1.3B0.8%120355
1087Vehicles$1.3B0.8%15187

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
12711Mineral fuels (27)$49.9B30.6%7
22709Mineral fuels (27)$49.9B30.6%1
30302Fish and crustaceans (03)$8.9B5.5%45
42710Mineral fuels (27)$5.4B3.3%5
50304Fish and crustaceans (03)$4.1B2.5%46
67601Aluminium (76)$3.8B2.3%2
72716Mineral fuels (27)$2.3B1.4%1
80303Fish and crustaceans (03)$1.8B1.1%42
97502Nickel (75)$1.1B0.7%2
107202Iron and steel (72)$1.0B0.6%15
110305Fish and crustaceans (03)$946.3M0.6%22
123105Fertilisers (31)$852.6M0.5%8

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1United KingdomGBR$30.4B18.6%-7.3%-5.4%
2GermanyDEU$27.4B16.8%-17.3%-13.6%
3NetherlandsNLD$13.4B8.2%-16%-3.5%
4SwedenSWE$13.4B8.2%-13.2%-3.3%
5FranceFRA$9.7B5.9%+5.8%+1.5%
6PolandPOL$8.9B5.4%-8.2%+40.1%
7BelgiumBEL$7.7B4.7%-17.7%-5.2%
8DenmarkDNK$7.5B4.6%-1.1%+17.1%
9USA, Puerto Rico and US Virgin IslandsUSA$6.1B3.7%+5.1%+2.7%
10FinlandFIN$5.8B3.5%-6.8%+44.2%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1Germany (DEU)Critical attention57.7%47%4.3%Buyer-market concentration is the largest observed corridor exposure
2United Kingdom (GBR)Critical attention92.7%54.4%Not reportedBuyer-market concentration is the largest observed corridor exposure
3Belgium (BEL)Critical attention87.3%58.1%4.4%Buyer-market concentration is the largest observed corridor exposure
4France (FRA)Critical attention66.2%60.2%4.4%Current trade remains materially below historical peaks
5Denmark (DNK)Critical attention78.3%23.6%4.4%Buyer-market concentration is the largest observed corridor exposure
6Netherlands (NLD)Watch43.3%36.9%4.4%Current trade remains materially below historical peaks
7USA, Puerto Rico and US Virgin Islands (USA)Watch35.8%29.3%4.7%Buyer-market concentration is the largest observed corridor exposure
8China (CHN)High attention69.3%44%30.2%Volatile products account for the largest observed corridor exposure
9Lithuania (LTU)Critical attention91.7%17.3%2.2%Buyer-market concentration is the largest observed corridor exposure
10Sweden (SWE)High attention75.2%34.6%3.9%Buyer-market concentration is the largest observed corridor exposure

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1Colombia (COL)880390new$5.3M6.3%100
2Côte d\'Ivoire (CIV)880211new$2.5M77%100
3Côte d\'Ivoire (CIV)890200new$6.6M99.8%100
4United Kingdom (GBR)251010new$617.6K16.9%100
5Bulgaria (BGR)750610new$599.3K35.7%100
6Austria (AUT)480592new$15.0M25.1%100
7Bulgaria (BGR)310240new$20.3M5.1%100
8Bulgaria (BGR)040510new$50.3M1.6%100
9Costa Rica (CRI)847410new$1.9M14.5%100
10Austria (AUT)810197new$69.0M0.4%100

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1China (CHN)260111$111.0B$119.1B0%Stable (-2.6%)
2USA, Puerto Rico and US Virgin Islands (USA)270900$165.0B$115.2B0.2%Slowing (+1.1%)
3China (CHN)270900$291.6B$96.5B0.5%Growing (-6.7%)
4China (CHN)854231$158.0B$93.1B0%Slowing (+10.5%)
5India (IND)270900$130.1B$72.9B0.1%Growing (-0.5%)
6China (CHN)854232$80.6B$65.7B0%Stable (+20.6%)
7China (CHN)854239$81.8B$61.4B0%Slowing (+4%)
8USA, Puerto Rico and US Virgin Islands (USA)851712$53.9B$53.8B0%Stable (-8.8%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Norway export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Norway export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Norway.

What is the latest reported export value for Norway?

Norway recorded $163.4B in reported exports in 2024.

Which markets receive the most exports from Norway?

United Kingdom leads by reported export value at $30.4B in 2024. Five destination lanes are highlighted.

Which sectors lead Norway's exports?

Mineral fuels leads by reported value at $107.8B. Five HS2 chapters are highlighted.

How many years of Norway trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

Take the country view into a broader Yugalinks workspace.

Compare countries, products, sectors, and routes using the available trade evidence and definitions.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.