Overview: In April 2021 Germany exported €815M and imported €972M from Norway, resulting in a negative trade balance of €157M. Between April 2020 and April 2021 the exports of Germany have increased by €315M (63%) from €500M to €815M, while imports increased by €411M (73.2%) from €561M to €972M.
Trade: In April 2021, the top exports of Germany to Norway were Motor cars and motor caravans (€201M), Machinery for electricity production, distribution (€53.9M), Lorries and special purpose motor vehicles (€28M), Other articles of iron, iron sheet,... (€25.3M), and Pharmaceutical products (€25.1M). In April 2021 the top imports of Germany from Norway were Petroleum oil and petroleum gases (€692M), Aluminium and aluminium alloys, incl. waste,... (€40.5M), Other prefabricated chemicals (€23.9M), Mineral oil products (€20.5M), and Fish and crustaceans, molluscs (€19.9M).
Origins: In April 2021 the exports of Germany were mainly from Bavaria (€86.2M), Baden-Württemberg (€85M), North Rhine-Westphalia (€71.7M), Saxony (€54.2M), and Mecklenburg-Vorpommern (€52.4M), while imports destinations were mainly Lower Saxony (€618M), North Rhine-Westphalia (€125M), Schleswig-Holstein (€48.6M), Bavaria (€42.9M), and Baden-Württemberg (€24.7M).
Growth: In April 2021, the increase in Germany's year-by-year exports to Norway was explained primarily by an increase in product exports in Motor cars and motor caravans (€176M or 691%), Machinery for electricity production, distribution (€20.3M or 60.7%), and Lorries and special purpose motor vehicles (€18.7M or 199%). In April 2021, the increase in Germany's year-by-year imports from Norway was explained primarily by an increase in product imports in Petroleum oil and petroleum gases (€364M or 111%), Aluminium and aluminium alloys, incl. waste,... (€13.9M or 52%), and Chassis, bodies, engines etc. for motor... (€7.29M or 173%).