Overview In July 2021 China exported $371M and imported $669M from Norway, resulting in a negative trade balance of $299M. Between July 2020 and July 2021 the exports of China have increased by $54.1M (17.1%) from $317M to $371M, while imports increased by $58.4M (9.55%) from $611M to $669M.
Trade In July 2021, the top exports of China to Norway were Cars ($31.9M), Light Fixtures ($17.4M), Carbon-based Electronics ($12.7M), Delivery Trucks ($11.8M), and Motorcycles ($11.2M). In July 2021 the top imports of China from Norway were Crude Petroleum ($372M), Carboxyamide Compounds ($90.6M), Non-fillet Frozen Fish ($31.3M), Non-fillet Fresh Fish ($25.3M), and Mixed Mineral or Chemical Fertilizers ($25M).
Origins In July 2021 the exports of China were mainly from Guangdong Province ($83.9M), Zhejiang Province ($67M), Shanghai Province ($49.5M), Jiangsu Province ($42.4M), and Shandong Province ($33.8M), while imports destinations were mainly Shandong Province ($216M), Liaoning Province ($158M), Shanghai Province ($121M), Beijing ($80.1M), and Zhejiang Province ($31.8M).
Growth In July 2021, the increase in China's year-by-year exports to Norway was explained primarily by an increase in product exports in Cars ($9.9M or 44.9%), Delivery Trucks ($9.55M or 426%), and Traffic Signals ($9.48M or 2.5k%). In July 2021, the increase in China's year-by-year imports from Norway was explained primarily by an increase in product imports in Carboxyamide Compounds ($51.4M or 131%), Non-fillet Fresh Fish ($21.4M or 551%), and Raw Nickel ($9.19M or 59.3%).