Key Market Facts About Norway
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
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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