Norway: Exports, billion dollars

* indicates monthly or quarterly data series
 Norway

Exports of goods and services, billion USD

 Latest value 229.06
 Year 2023
 Measure billion U.S. dollars
 Data availability 1970 - 2023
 Average 89.62
 Min - Max 4.51 - 329.28
 Source The World Bank
The latest value from 2023 is 229.06 billion U.S. dollars, a decline from 329.28 billion U.S. dollars in 2022. In comparison, the world average is 179.17 billion U.S. dollars, based on data from 138 countries. Historically, the average for Norway from 1970 to 2023 is 89.62 billion U.S. dollars. The minimum value, 4.51 billion U.S. dollars, was reached in 1970 while the maximum of 329.28 billion U.S. dollars was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Norway - Exports, billion dollars - Recent values chart

Historical series
Norway - Exports, billion dollars - historical chart - 1970-2023




Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 113.43 2021 percent
 Trade openness 79.65 2023 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 47.18 2023 percent
 Exports, billion dollars 229.06 2023 billion U.S. dollars
 Growth of exports 1.45 2023 percent
 Imports, percent of GDP 32.47 2023 percent
 Imports, billion dollars 157.64 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.79 2023 percent
 Foreign Direct Investment, billion dollars 14.38 2022 billion U.S. dollars
 Portfolio investment inflows, equities -3,687.91 2023 million dollars (current)
 Current account, percent of GDP 2.50 2019 percent
 Current account, in dollars 86.37 2023 billion U.S. dollars
 Trade balance, percent of GDP 14.71 2023 percent
 Trade balance, in dollars 71.59 2023 billion U.S. dollars
 Reserves 80.46 2023 billion U.S. dollars
 Remittances, percent of GDP 0.12 2023 percent
 Remittances 599.36 2023 million U.S. dollars
 Net errors and omissions 13,429.98 2023 million USD
 Foreign exchange reserves 935.02 9/2024 billion
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