Norway / Costa Rica

Overview In April 2023, Norway exported NOK42.7M and imported NOK89.7M from Costa Rica, resulting in a negative trade balance of NOK47M. Between April 2022 and April 2023 the exports of Norway have increased by NOK40.7M (2.03k%) from NOK2.01M to NOK42.7M, while imports increased by NOK26.9M (42.8%) from NOK62.8M to NOK89.7M.

Trade In April 2023, the top exports of Norway to Costa Rica were Chemical materials and products, n.e.s. (NOK38.3M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK1.35M), Paper, paperboard and articles of paper... (NOK148k), Miscellaneous manufactured articles, n.e.s. (NOK86k), and Non-metallic mineral manufactures, n.e.s. (NOK22k). In April 2023 the top imports of Norway from Costa Rica were Vegetables and fruit (NOK28.3M), Professional, scientific and controlling instruments and... (NOK6.19M), Miscellaneous manufactured articles, n.e.s. (NOK1.51M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK1.27M), and Coffee, tea, cocoa, spices, and manufactures... (NOK1.24M).

Growth In April 2023, the increase in Norway's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in . In April 2023, the increase in Norway's year-by-year imports  from Costa Rica was explained primarily by an increase in product imports  in Medicinal and pharmaceutical products (NOK293k or 166%), Crude animal and vegetable materials, n.e.s. (NOK61k or 37.9%), and Dyeing, tanning and colouring materials (NOK32k or 200%).