India / Norway

Overview In November 2024, India exported $25.8M and imported $71.1M from Norway, resulting in a negative trade balance of $45.3M. Between November 2023 and November 2024 the exports of India have decreased by $-441k (-1.68%) from $26.2M to $25.8M, while imports decreased by $-27.5M (-27.9%) from $98.6M to $71.1M.

Trade In November 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 November 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 November 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 ($-862k or -86.1%). In November 2024, the decrease in India's year-by-year imports  from Norway was explained primarily by an decrease in product imports  in Petroleum Products ($-27M or -50.5%), Fertilezers Manufactured ($-3.16M or -66.5%), and Ship, Boat And Floating Struct ($-3.12M or -99.7%).