Overview In January 2023, Norway exported NOK11.7B and imported NOK2.03B from France, resulting in a positive trade balance of NOK9.71B. Between January 2022 and January 2023 the exports of Norway have decreased by NOK-2.27B (-16.2%) from NOK14B to NOK11.7B, while imports increased by NOK448M (28.4%) from NOK1.58B to NOK2.03B.
Trade In January 2023, the top exports of Norway to France were Gas, natural and manufactured (NOK12.2B), Fish (not marine mammals), crustaceans, molluscs... (NOK789M), Inorganic chemicals (NOK210M), Non-ferrous metals (NOK181M), and Petroleum, petroleum products and related materials (NOK172M). In January 2023 the top imports of Norway from France were Road vehicles (including air-cushion vehicles) (NOK190M), General industrial machinery and equipment, n.e.s.,... (NOK111M), Beverages (NOK105M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK103M), and Chemical materials and products, n.e.s. (NOK98.5M).
Growth In January 2023, the decrease in Norway's year-by-year exports to France was explained primarily by an decrease in product exports in Petroleum, petroleum products and related materials (NOK-673M or -79.6%), Iron and steel (NOK-29.9M or -49.7%), and Medicinal and pharmaceutical products (NOK-19M or -61.3%). In January 2023, the increase in Norway's year-by-year imports from France was explained primarily by an increase in product imports in Iron and steel (NOK33.1M or 308%), Machinery specialized for particular industries (NOK32.1M or 53.7%), and Beverages (NOK19.7M or 23%).