Overview: In April 2021 United Kingdom exported £350M and imported £276M from Norway, resulting in a positive trade balance of £74M. Between April 2020 and April 2021 the exports of United Kingdom have increased by £115M (49.2%) from £235M to £350M, while imports increased by £31.8M (13%) from £244M to £276M.
Trade: In April 2021, the top exports of United Kingdom to Norway were Crude Petroleum (£86.2M), Planes, Helicopters, and/or Spacecraft (£64.7M), Valves (£26.3M), Cars (£14.3M), and Lifting Machinery (£6.54M). In April 2021 the top imports of United Kingdom from Norway were Platinum (£31.7M), Non-fillet Fresh Fish (£22.6M), Commodities not elsewhere specified (£15.6M), Raw Zinc (£14.5M), and Iron Ore (£13.7M).
Origins: In April 2021 the exports of United Kingdom were mainly from Immingham (£71.3M), Norwich Airport (£64.7M), Lerwick (£57.3M), Aberdeen (£45.4M), and Southampton (£29.8M), while imports destinations were mainly Immingham (£76.7M), London Heathrow Airport (£40.4M), Middlesbrough (£21.1M), Hull (£17.7M), and Aberdeen (£13.3M).
Growth: In April 2021, the increase in United Kingdom's year-by-year exports to Norway was explained primarily by an increase in product exports in Valves (£20.5M or 355%), Cars (£14.1M or 6.36k%), and Lifting Machinery (£5.38M or 461%). In April 2021, the increase in United Kingdom's year-by-year imports from Norway was explained primarily by an increase in product imports in Non-fillet Fresh Fish (£21.5M or 1.8k%), Silver (£8M or 26k%), and Raw Zinc (£6.94M or 91.5%).