Overview: In 2018 Norway was the number 27 economy in the world in terms of GDP (current US$), the number 33 in total exports, the number 40 in total imports, and the number 34 most complex economy according to the Economic Complexity Index (ECI). In 2018, Norway exported $127B and imported $89.5B, resulting in a positive trade balance of $37.8B. In 2018, Norway's exports per capita were $24k and its imports per capita were $16.9k.
Trade: The top exports of Norway are Petroleum Gas ($37.2B), Crude Petroleum ($33B), Refined Petroleum ($6.97B), Non-fillet Fresh Fish ($6.79B), and Raw Aluminium ($3.29B). The top imports of Norway are Cars ($6.24B), Refined Petroleum ($2.52B), Special Purpose Ships ($1.95B), Broadcasting Equipment ($1.81B), and Passenger and Cargo Ships ($1.77B).
Destinations: Norway exports mostly to United Kingdom ($25.8B), Germany ($20.2B), Netherlands ($12.4B), Sweden ($9.8B), and France ($8.73B), and imports mostly from Sweden ($15.2B), Germany ($10.8B), China ($6.17B), United States ($5.8B), and Denmark ($5.74B).
Location: Norway borders Finland, Russia, and Sweden by land and Denmark, Iceland, United Kingdom, and Greenland by sea.