Overview In June 2021 United Kingdom exported £286M and imported £375M from Norway, resulting in a negative trade balance of £88.4M. Between June 2020 and June 2021 the exports of United Kingdom have decreased by £-64.5M (-18.4%) from £351M to £286M, while imports increased by £164M (77.9%) from £211M to £375M.
Trade In June 2021, the top exports of United Kingdom to Norway were Planes, Helicopters, and/or Spacecraft (£30M), Valves (£19.2M), Commodities not elsewhere specified (£15.4M), Gas Turbines (£12.2M), and Animal Food (£11.1M). In June 2021 the top imports of United Kingdom from Norway were Refined Petroleum (£73.1M), Gas Turbines (£35.7M), Platinum (£29M), Non-fillet Fresh Fish (£28.7M), and Raw Zinc (£18.6M).
Origins In June 2021 the exports of United Kingdom were mainly from Immingham (£106M), Aberdeen (£51.8M), Cambridge Airport (£30M), East Midlands Airport (£27M), and Dover (£17.7M), while imports destinations were mainly Immingham (£99.6M), London Heathrow Airport (£54.9M), Middlesbrough (£31.7M), Grangemouth (£26.9M), and Aberdeen (£22.9M).
Growth In June 2021, the decrease in United Kingdom's year-by-year exports to Norway was explained primarily by an decrease in product exports in Planes, Helicopters, and/or Spacecraft (£-37.9M or -55.8%), Machinery Having Individual Functions (£-12.4M or -68.9%), and Gas Turbines (£-10.2M or -45.5%). In June 2021, the increase in United Kingdom's year-by-year imports from Norway was explained primarily by an increase in product imports in Refined Petroleum (£55.5M or 316%), Gas Turbines (£34.9M or 4.41k%), and Non-fillet Fresh Fish (£28M or 4.2k%).