China / Norway

Overview In February 2024, China exported $258M and imported $522M from Norway, resulting in a negative trade balance of $264M. Between February 2023 and February 2024 the exports of China have increased by $52.1M (25.3%) from $206M to $258M, while imports increased by $210M (67.2%) from $312M to $522M.

Trade In February 2024, the top exports of China to Norway were Cars ($75M), Delivery Trucks ($28.9M), Carbon-based Electronics ($22.8M), Buses ($14.8M), and Light Fixtures ($11M). In February 2024 the top imports of China from Norway were Crude Petroleum ($127M), Non-fillet Fresh Fish ($54.3M), Carboxyamide Compounds ($37.3M), Mixed Mineral or Chemical Fertilizers ($28.9M), and Integrated Circuits ($16M).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($50.9M), Zhejiang Province ($50.4M), Jiangsu Province ($37M), Shandong Province ($28.8M), and Fujian Province ($20.9M), while imports destinations were mainly Beijing ($272M), Shanghai Province ($90.8M), Shandong Province ($33.6M), Ningxia Hui Autonomous Region ($21.9M), and Jiangsu Province ($21.7M).

Growth In February 2024, the increase in China's year-by-year exports to Norway was explained primarily by an increase in product exports in Cars ($37.4M or 99.6%), Delivery Trucks ($25.6M or 791%), and Other Sea Vessels ($10.2M or 37.2k%). In February 2024, the increase in China's year-by-year imports  from Norway was explained primarily by an increase in product imports  in Mixed Mineral or Chemical Fertilizers ($27.1M or 1.5k%), Non-fillet Fresh Fish ($22.3M or 69.6%), and Integrated Circuits ($16M or 33.5k%).