Overview In January 2023, Norway exported NOK39B and imported NOK2.89B from United Kingdom, resulting in a positive trade balance of NOK36.1B. Between January 2022 and January 2023 the exports of Norway have increased by NOK3.22B (9%) from NOK35.8B to NOK39B, while imports increased by NOK157M (5.74%) from NOK2.73B to NOK2.89B.
Trade In January 2023, the top exports of Norway to United Kingdom were Gas, natural and manufactured (NOK22.5B), Petroleum, petroleum products and related materials (NOK9.86B), Non-ferrous metals (NOK718M), Electric current (NOK679M), and Fish (not marine mammals), crustaceans, molluscs... (NOK507M). In January 2023 the top imports of Norway from United Kingdom were Fish (not marine mammals), crustaceans, molluscs... (NOK630M), General industrial machinery and equipment, n.e.s.,... (NOK236M), Machinery specialized for particular industries (NOK161M), Road vehicles (including air-cushion vehicles) (NOK149M), and Feeding stuff for animals (not including... (NOK126M).
Growth In January 2023, the increase in Norway's year-by-year exports to United Kingdom was explained primarily by an increase in product exports in Gas, natural and manufactured (NOK14.9B or 196%), Petroleum, petroleum products and related materials (NOK3.18B or 47.6%), and Non-ferrous metals (NOK238M or 49.7%). In January 2023, the increase in Norway's year-by-year imports from United Kingdom was explained primarily by an increase in product imports in Feeding stuff for animals (not including... (NOK109M or 618%), General industrial machinery and equipment, n.e.s.,... (NOK34.9M or 17.4%), and Organic chemicals (NOK28M or 325%).
Norway / United Kingdom 
