Overview In December 2022, China exported $372M and imported $746M from Norway, resulting in a negative trade balance of $375M. Between December 2021 and December 2022 the exports of China have decreased by $-48.9M (-11.6%) from $421M to $372M, while imports decreased by $-344M (-31.5%) from $1.09B to $746M.
Trade In December 2022, the top exports of China to Norway were Cars ($50.9M), Carbon-based Electronics ($33M), Passenger and Cargo Ships ($22M), Delivery Trucks ($18.9M), and Commodities not elsewhere specified ($12.1M). In December 2022 the top imports of China from Norway were Crude Petroleum ($471M), Non-fillet Frozen Fish ($67.2M), Carboxyamide Compounds ($37.8M), Raw Nickel ($34.6M), and Non-fillet Fresh Fish ($24.9M).
Origins In December 2022 the exports of China were mainly from Zhejiang Province ($76.3M), Jiangsu Province ($70.4M), Shandong Province ($56.8M), Guangdong Province ($51.3M), and Shanghai Province ($27.9M), while imports destinations were mainly Beijing ($283M), Zhejiang Province ($218M), Shanghai Province ($92.5M), Shandong Province ($67.2M), and Guangdong Province ($28.9M).
Growth In December 2022, the decrease in China's year-by-year exports to Norway was explained primarily by an decrease in product exports in Passenger and Cargo Ships ($-46.2M or -77.9%), Cars ($-5.59M or -13%), and Iron Structures ($-5.31M or -55.3%). In December 2022, the decrease in China's year-by-year imports from Norway was explained primarily by an decrease in product imports in Insulated Wire ($-36.5M or -98%), Liquid Pumps ($-9.96M or -73.5%), and Other Engines ($-8.7M or -91.3%).