Trade balance — all countries

Trade balance — Norway

Trade balance in Norway in 2025 — 62,061,691,383 US$. Ranked 10 in the world out of 138. Since 1970, the indicator has risen by 66,862.1%.

2025 62.06B US$ −5.99% vs 2024
World rank 10of 138
Period maximum 168B US$2022
Period minimum -3.83B US$1977

Trend over time

1970–2025 · US$

Trade balance — Norway, 1970–2025-50B050B100B150B200B19701976198219881994200020062012201820241970: -92,959,442 US$1971: -387,902,323 US$1972: 111,107,738 US$1973: -118,457,109 US$1974: -773,327,075 US$1975: -1,950,869,540 US$1976: -3,050,673,509 US$1977: -3,826,993,519 US$1978: 16,595,769 US$1979: 1,063,565,095 US$1980: 3,645,124,717 US$1981: 4,377,559,021 US$1982: 2,993,027,580 US$1983: 4,617,345,540 US$1984: 5,246,707,100 US$1985: 4,513,097,287 US$1986: -2,930,747,698 US$1987: -2,431,762,523 US$1988: -1,028,080,405 US$1989: 3,130,277,355 US$1990: 7,042,669,777 US$1991: 9,038,701,816 US$1992: 8,279,990,345 US$1993: 7,246,303,266 US$1994: 7,225,260,712 US$1995: 8,768,468,241 US$1996: 13,902,136,500 US$1997: 12,625,045,947 US$1998: 2,735,020,079 US$1999: 11,622,217,663 US$2000: 28,816,037,629 US$2001: 29,081,152,619 US$2002: 26,020,691,901 US$2003: 29,572,328,465 US$2004: 35,586,725,611 US$2005: 50,560,962,359 US$2006: 60,084,200,022 US$2007: 56,360,441,510 US$2008: 82,461,347,518 US$2009: 47,919,469,491 US$2010: 52,975,375,707 US$2011: 70,243,279,940 US$2012: 73,268,414,267 US$2013: 62,911,659,574 US$2014: 52,830,150,754 US$2015: 26,940,911,439 US$2016: 10,825,238,095 US$2017: 18,141,084,022 US$2018: 29,218,444,513 US$2019: 10,647,954,545 US$2020: -2,578,741,482 US$2021: 75,439,464,494 US$2022: 168,143,018,116 US$2023: 77,382,297,255 US$2024: 66,013,586,661 US$2025: 62,061,691,383 US$
Change over the period: +62.15B (+66,862.12%)

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Norway

Norway 62.06B US$
Europe & Central Asia computed 864B US$
Northern Europe computed 372B US$
Trade balance — Norway, by year Norway All countries CSV XLSX
Year US$ Change Change, %
2025 62.06B −3.95B −5.99%
2024 66.01B −11.37B −14.69%
2023 77.38B −90.76B −53.98%
2022 168B +92.7B +122.88%
2021 75.44B +78.02B +3,025.44%
2020 -2.58B −13.23B −124.22%
2019 10.65B −18.57B −63.56%
2018 29.22B +11.08B +61.06%
2017 18.14B +7.32B +67.58%
2016 10.83B −16.12B −59.82%
2015 26.94B −25.89B −49%
2014 52.83B −10.08B −16.02%
2013 62.91B −10.36B −14.14%
2012 73.27B +3.03B +4.31%
2011 70.24B +17.27B +32.6%
2010 52.98B +5.06B +10.55%
2009 47.92B −34.54B −41.89%
2008 82.46B +26.1B +46.31%
2007 56.36B −3.72B −6.2%
2006 60.08B +9.52B +18.84%
2005 50.56B +14.97B +42.08%
2004 35.59B +6.01B +20.34%
2003 29.57B +3.55B +13.65%
2002 26.02B −3.06B −10.52%
2001 29.08B +265M +0.92%
2000 28.82B +17.19B +147.94%
1999 11.62B +8.89B +324.94%
1998 2.74B −9.89B −78.34%
1997 12.63B −1.28B −9.19%
1996 13.9B +5.13B +58.55%
1995 8.77B +1.54B +21.36%
1994 7.23B −21.04M −0.29%
1993 7.25B −1.03B −12.48%
1992 8.28B −759M −8.39%
1991 9.04B +2B +28.34%
1990 7.04B +3.91B +124.99%
1989 3.13B +4.16B +404.48%
1988 -1.03B +1.4B +57.72%
1987 -2.43B +499M +17.03%
1986 -2.93B −7.44B −164.94%
1985 4.51B −734M −13.98%
1984 5.25B +629M +13.63%
1983 4.62B +1.62B +54.27%
1982 2.99B −1.38B −31.63%
1981 4.38B +732M +20.09%
1980 3.65B +2.58B +242.73%
1979 1.06B +1.05B +6,308.65%
1978 16.6M +3.84B +100.43%
1977 -3.83B −776M −25.45%
1976 -3.05B −1.1B −56.38%
1975 -1.95B −1.18B −152.27%
1974 -773M −655M −552.83%
1973 -118M −230M −206.61%
1972 111M +499M +128.64%
1971 -388M −295M −317.28%
1970 -92.96M

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.