China / Norway

Overview In October 2023, China exported $240M and imported $288M from Norway, resulting in a negative trade balance of $48.2M. Between October 2022 and October 2023 the exports of China have decreased by $-111M (-31.6%) from $351M to $240M, while imports increased by $17M (6.26%) from $271M to $288M.

Trade In October 2023, the top exports of China to Norway were Cars ($37.6M), Carbon-based Electronics ($25.7M), Light Fixtures ($14.4M), Seats ($14.2M), and Passenger and Cargo Ships ($13.1M). In October 2023 the top imports of China from Norway were Crude Petroleum ($648M), Carboxyamide Compounds ($68.9M), Raw Nickel ($60.7M), Non-fillet Frozen Fish ($33.1M), and Non-fillet Fresh Fish ($32M).

Origins In October 2023 the exports of China were mainly from Zhejiang Province ($61.1M), Guangdong Province ($41.7M), Jiangsu Province ($33.7M), Shandong Province ($32.6M), and Anhui Province ($20.9M), while imports destinations were mainly Beijing ($106M), Shanghai Province ($53.8M), Shandong Province ($33.3M), Jiangsu Province ($24.1M), and Guangdong Province ($17M).

Growth In October 2023, the decrease in China's year-by-year exports to Norway was explained primarily by an decrease in product exports in Passenger and Cargo Ships ($-46.2M or -77.9%), Cars ($-5.59M or -13%), and Iron Structures ($-5.31M or -55.3%). In October 2023, the increase in China's year-by-year imports  from Norway was explained primarily by an increase in product imports  in Crude Petroleum ($137M or 26.8%), Raw Nickel ($30.4M or 101%), and Non-fillet Fresh Fish ($20.9M or 189%).