Norway Trade '22

Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services

Trade Profiles 2022

GDP (million current US$, 2021) 482 437 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 77 340 Merchandise 34 40 Current account balance (% GDP, 2021) 15.4 excluding intra-EU trade 24 26 Trade per capita (US$, 2019-2021) 26 662 Commercial services 30 28 Trade (% GDP, 2019-2021) 34.5 excluding intra-EU trade 18 17 Value Million US$ 2021 160 106 97 764 2021 2021 0.72 0.43 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS2106 Other food preparations 252 HS2309 Preparations of a kind used in animal feeding 952 HS2309 Preparations of a kind used in animal feeding 249 HS1514 Rape, colza or mustard oil 783 HS2304 Solid residues from soya-bean oil 99 HS2204 Wine of fresh grapes 567 HS1507 Soya-bean oil and its fractions 87 HS1905 Bread, pastry, other bakers' wares 455 HS2201 Waters, natural or artificial 64 HS2403 Other manufactured tobacco 399 Share in economy's trade in agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 1 270 5 -3 16 Imports 9 666 5 9 20 Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS2711 Petroleum gases 57 935 HS8703 Motor cars for transport of persons 8 424 HS2709 Petroleum oils, crude 41 535 HS2710 Petroleum oils, other than crude 2 892 HS0302 Fish, fresh, chilled 7 877 HS8471 Automatic data-processing machines 2 534 HS2710 Petroleum oils, other than crude 6 330 HS7501 Nickel mattes, nickel oxide sinters 2 491 HS7601 Unwrought aluminium 4 122 HS8525 Radio-telephony transmission tools 2 117 Share in economy's trade in non-agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 155 327 2 -21 99 Imports 88 596 2 -7 22

Merchandise exports, f.o.b. 2 -18 90 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 2 -6 22 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) By main commodity group, % (2020) By main destination, % (2021) By main origin, % (2021) Annual percentage change Annual percentage change 0% 20% 40% HS2711 HS2709 HS0302 HS2710 HS7601 Exports 0% 5% 10% HS8703 HS2710 HS8471 HS7501 HS8525 Imports 0% 5% 10% 15% HS2309 HS1514 HS2204 HS1905 HS2403 Imports 0% 20% 40% HS2106 HS2309 HS2304 HS1507 HS2201 Exports Agricultural products: 15.3 Fuels and mining products: 56.2 Manufactures: 21.4 Other: 7.1 Agricultural products: 12 Fuels and mining products: 10.2 Manufactures: 77.5 Other: 0.3 European Union: 59.6 United Kingdom: 20.5 China: 5.8 United States of America: 2.7 Korea, Republic of: 1.6 Other: 9.8 European Union: 53.9 China: 13.2 United States of America: 6.3 United Kingdom: 4.6 Canada: 2.8 Other: 19.1

272 World Trade Organization – Trade Profiles 2022

Value Million US$ 2021 40 159 41 248 2021 2021 0.67 0.74 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2019 Inward (million US$) 43 733 Outward (million US$) 46 687 Value Million US$ 2021 Exports 17 635 Imports 12 136 Exports Value Imports Value Share (%) By sea (2021) 14 561 By sea (2021) 7 832 64.5 By air (2021) 573 By air (2021) 791 6.5 By other (2021) 2 206 By other (2021) 3 404 28.0 Value Million US$ 2021 Exports 1 920 Imports 3 580 Million US$ Value 2021 Other commercial services Exports 19 467 Imports 24 142 2021 Goods-related services Exports 1 136 Imports 1 390 Residents Total Residents Total Residents Total 880 564 1 444 3 930 11 765 15 695 265 874 1 139 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 -4 18 Annual percentage change 2010-2021 2021 2010-2021 2020 2021 15 4 1 Exports of OCS by main item (2021) Patent applications, 2020 Trademark applications, 2020 Industrial design applications, 2020 Transport Annual percentage change 2010-2021 2020 2021 0 -18 -8 -11 -69 5 -78 0 INDUSTRIAL PROPERTY 3 7 1 5 0 2 By main services item, % (2021) By main destination Share in world total exports (%) Share in world total imports (%) Annual percentage change -20 17 -1 2010-2021 2020 11 Commercial services exports Commercial services imports 0 2021

COMMERCIAL SERVICES Share (%) 82.6 3.3 12.5 2 15 -29 -1 4 5 2010-2019 2018 2019 Annual percentage change By main services item, % (2021) By main origin Travel exports (Index 2010=100) 5 -11 2020 Travel 2021 2010-2021 Transport exports (Index 2010=100) 18 1 -24 32 Annual percentage change 0 100 200 2010 2014 2018 2021 Norway World 0 100 200 2010 2014 2018 2021 Norway World Transport: 43.9 Travel: 4.8 Other commercial services: 48.5 Goods-related services: 2.8 Transport: 29.4 Travel: 8.7 Other commercial services: 58.5 Goods-related services: 3.4 58.5 15.9 14.1 11.4 Other business services Financial services ICTs Other Norway 273 World Trade Organization – Trade Profiles 2022

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