Country import demand

Norway
import demand

A reported view of Norway's import scale, sector demand, supplier breadth, economy, and trade history.

NOR1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$94.0B2024 reported
Import growth+2.8%Year on year
Population5.6MReported population
GDP per capita$86.8KCurrent-dollar GDP
Trade openness40.3%Exports + imports / GDP

The country import read

What does Norway import?

In 2024, Norway recorded $94.0B in reported imports. Imports changed +2.8% year on year and +0.2% annualized over three years. Mineral fuels was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$85.7B
2014
$85.4B
2015
$74.2B
2016
$70.8B
2017
$80.3B
2018
$83.8B
2019
$84.2B
2020
$78.6B
2021
$93.6B
2022
$99.8B
2023
$91.5B
2024
$94.0B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$483.6B2024 macro context
GDP growth3.4%Five-year CAGR
Population growth0.8%Five-year CAGR
Investment rate24.5%National rate
Savings rate34.3%National rate
Trade openness40.3%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Norway
RankSectorImportsShareImport partnersActive HS6
1Mineral fuelsHS2 27$6.7B7.1%8843
2Fish and crustaceansHS2 03$482.5M0.5%82214
3MachineryHS2 84$14.2B15.1%157514
4AluminiumHS2 76$1.1B1.2%9335
5Electrical machineryHS2 85$9.1B9.7%146261
6Optical and medical instrumentsHS2 90$3.1B3.3%136142
7Ships and boatsHS2 89$2.3B2.4%6417
8Iron and steelHS2 72$903.6M1%75166
9Organic chemicalsHS2 29$985.1M1%74355
10VehiclesHS2 87$9.2B9.8%10387

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration914.9Partner HHI
Top 3 partner share43.6%Reported concentration
FTA partner markets62Reported count
Average distance6,842 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

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 Usd483,592.6 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 Usd533,678,518.3 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 Border1.1%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km6,820 km
Num Border Partners75
Num Colonial Partners0
Avg Substitution Elasticity-10.6
Pct Products High Elasticity75.2
Pct Products Low Elasticity2.7
Real Market Potential250,106.4
Foreign Market Potential29,376.8

Supplier context

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 Usd483,592.6 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 import history

YearImportsExportsBalanceImports YoY
1995$29.9B$41.0B$11.2B+0%
1996$31.7B$47.5B$15.8B+6.2%
1997$33.8B$47.1B$13.3B+6.6%
1998$35.4B$39.7B$4.3B+4.8%
1999$32.3B$44.5B$12.2B-8.7%
2000$32.3B$61.3B$29.0B-0.1%
2001$31.4B$57.5B$26.0B-2.6%
2002$33.4B$58.3B$24.8B+6.3%
2003$39.2B$66.6B$27.5B+17.2%
2004$47.5B$82.1B$34.5B+21.3%
2005$53.9B$101.2B$47.3B+13.4%
2006$62.3B$117.9B$55.6B+15.6%
2007$77.2B$129.9B$52.7B+23.9%
2008$86.1B$167.3B$81.2B+11.5%
2009$67.1B$113.0B$45.9B-22%
2010$74.8B$135.4B$60.6B+11.5%
2011$86.7B$168.0B$81.3B+15.8%
2012$84.0B$155.7B$71.7B-3.1%
2013$85.7B$161.1B$75.4B+2%
2014$85.4B$152.5B$67.1B-0.3%
2015$74.2B$112.9B$38.8B-13.2%
2016$70.8B$96.7B$25.9B-4.5%
2017$80.3B$110.3B$30.1B+13.3%
2018$83.8B$133.0B$49.2B+4.5%
2019$84.2B$114.9B$30.7B+0.5%
2020$78.6B$92.0B$13.4B-6.7%
2021$93.6B$180.0B$86.4B+19.1%
2022$99.8B$262.1B$162.3B+6.6%
2023$91.5B$176.6B$85.1B-8.3%
2024$94.0B$163.4B$69.4B+2.8%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
127Mineral fuels$6.7B7.1%8843
203Fish and crustaceans$482.5M0.5%82214
384Machinery$14.2B15.1%157514
476Aluminium$1.1B1.2%9335
585Electrical machinery$9.1B9.7%146261
690Optical and medical instruments$3.1B3.3%136142
789Ships and boats$2.3B2.4%6417
872Iron and steel$903.6M1%75166
929Organic chemicals$985.1M1%74355
1087Vehicles$9.2B9.8%10387

Questions about this profile

Norway import demand, in context

Short answers for import and supplier research.

What does the Norway import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Norway.

What is the latest reported import value for Norway?

Norway recorded $94.0B in reported imports in 2024.

Which sectors lead Norway's imports?

Mineral fuels leads by reported import value at $6.7B.

How many years of Norway import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

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

Continue your research

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). 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.