India / Norway

Overview In June 2024, India exported $33.8M and imported $72.9M from Norway, resulting in a negative trade balance of $39.1M. Between June 2023 and June 2024 the exports of India have decreased by $-6.25M (-15.6%) from $40.1M to $33.8M, while imports increased by $8.8M (13.7%) from $64.1M to $72.9M.

Trade In June 2024, the top exports of India to Norway were Other Miscellaenious Chemicals ($4.83M), Products Of Iron And Steel ($3.12M), Other Commodities ($2.66M), Guergam Meal ($2.08M), and Cotton Fabrics, Madeups Etc. ($2.02M). In June 2024 the top imports of India from Norway were Petroleum Products ($26.5M), Nickel, Product Made Of Nickel ($14.3M), Iron And Steel ($6.2M), Products Of Iron And Steel ($5.41M), and Plastic Raw Materials ($2.88M).

Growth In June 2024, the decrease in India's year-by-year exports to Norway was explained primarily by an decrease in product exports in Electric Machinery And Equipme ($-3.09M or -90%), Manmade Yarn,Fabrics,Madeups ($-1.41M or -47.1%), and Aluminium, Products Of Aluminm ($-862k or -86.1%). In June 2024, the increase in India's year-by-year imports  from Norway was explained primarily by an increase in product imports  in Products Of Iron And Steel ($5.26M or 3.53k%), Iron And Steel ($3.93M or 172%), and Indl. Machnry For Dairy Etc ($1.56M or 1.47k%).