Key Market Facts About Norway

Key Market Facts About Norway

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Trade Balance Trends, & Key Trading Partners

Key Facts About Norway

Norwegian Trade Balance

Norway’s trade balance is strongly positive, driven by oil, gas, and fish exports, while imports mainly cover machinery, vehicles, and consumer goods

EFTA Union

Norway is an EFTA member, securing EU market access via the EEA and global trade deals through EFTA agreements

Norway’s main trading partners are the EU and EFTA countries, the US, and key markets across Asia

Key Trading Partners

At a Glance Norway’s Key Numbers

Key Facts About Norway

For Future Generations

Norway’s Oil Fund, managed by NBIM, is the world’s largest sovereign wealth fund, investing oil revenues globally for future generations

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Macro & Micro Economy

Norwegian microeconomics concerns households, firms, and prices, while macroeconomics covers GDP, inflation, employment, the krone, and the oil fund

Norway’s 5.5M people face aging, low fertility, high life expectancy, and steady immigration shaping workforce and welfare

Norwegian Demographic
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Explore Our Norwegian Marketplace

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Key Industries In Norway

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