Who does Norway import from?

Where does Norway import from?

The most common import partners for Norway are Sweden ($14.8B), Germany ($10.3B), China ($6.73B), Denmark ($5.8B), and United States ($5.3B).

What are Norway’s major imports?

Norway’s Top 5 Commodity Imports

  • Refined Petroleum – $2.5 billion.
  • Crude Petroleum – $1.6 billion.
  • Iron Structures – $1.5 billion.
  • Nickel Mattes – $1.3 billion.
  • Aluminum Oxide – $875 million.

What does Norway buy from other countries?

Economy of Norway

Statistics
Export goods petroleum and petroleum products, machinery and equipment, metals, chemicals, ships, fish
Main export partners United Kingdom 21.1% Germany 15.5% Netherlands 9.9% Sweden 6.6% France 6.4% Belgium 4.8% Denmark 4.7% United States 4.6% (2017)
Imports $95.06 billion (2017 est.)

Who are Norways biggest trading partners?

Top 15

  • United Kingdom: US$14.5 billion (17.5% of total Norwegian exports)
  • Germany: $9.7 billion (11.7%)
  • Sweden: $8.2 billion (9.9%)
  • Netherlands: $8.2 billion (9.9%)
  • China: $6.4 billion (7.8%)
  • France: $4.2 billion (5.1%)
  • Denmark: $3.5 billion (4.2%)
  • United States: $3.3 billion (4%)

What is Norway imports and exports?

Norway Exports and Imports of Product Groups 2019

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Norway Raw materials exports are worth US$ 41,586 million, product share of 39.98%. Norway Raw materials imports are worth US$ 5,816 million, product share of 6.75%. … Norway Consumer goods exports are worth US$ 33,850 million, product share of 32.54%.

How much does Norway import from China?

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Norway Imports By Country Value Year
China $9.81B 2020
Germany $9.33B 2020
Sweden $8.69B 2020
United States $5.51B 2020

What does US export to Norway?

U.S. exports to Norway include aircraft, mineral fuels, vehicles, machinery, and optic and medical instruments. U.S. imports from Norway include mineral fuels, fish and seafood, machinery, and optical and medical instruments.

What products come from Norway?

Top 10

  • Mineral fuels including oil: US$40.9 billion (49.4% of total exports)
  • Fish: $10.7 billion (13%)
  • Machinery including computers: $4.1 billion (5%)
  • Aluminum: $3.3 billion (4%)
  • Electrical machinery, equipment: $2.4 billion (2.9%)
  • Optical, technical, medical apparatus: $1.5 billion (1.8%)
  • Nickel: $1.3 billion (1.5%)

Is Norway a net importer or exporter?

Norway used more energy than it produced domestically in 2019, making the country a net importer of power for the first time since 2010. Although Norway went from an exporting country to an importing country in terms of energy, the net quantity of electricity that was purchased was relatively small.

How much money does the US give Norway?

Norway is the ninth-largest donor country, spending US$4.2 billion on official development assistance (ODA) in 2020 (current prices; US$4.7 billion in 2019 constant prices). It is second-largest donor in proportion to the size of its economy: ODA stood at 1.11% of Norway’s gross national income (GNI).

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What does Norway import from the US?

Leading categories include: cheese ($39 million), feeds & fodders ($22 million), snack foods ($11 million), other dairy products ($6 million), and essential oils ($1 million). U.S. total imports of agricultural products from Norway totaled $104 million in 2019.

What is Denmark’s main export?

Denmark is a net exporter of food and energy, and its principal exports are machinery, instruments, and food products. The United States is Denmark’s largest non-European trading partner, accounting for about 7% of total Danish merchandise trade.

What does Norway export to the UK?

Norway Exports to United Kingdom. Value. Year. Mineral fuels, oils, distillation products. $10.79B.

What food does Norway export?

Most of Norway’s export is fresh and frozen fish, both in quantity and value. A large part of the value derives from salted, dried or smoked fish. The most valuable species are salmon and cod.