Canada / Norway

Overview In June 2024, Canada exported C$122M and imported C$102M from Norway, resulting in a positive trade balance of C$19.6M. Between June 2023 and June 2024 the exports of Canada have decreased by C$-137M (-52.9%) from C$258M to C$122M, while imports increased by C$30.5M (42.6%) from C$71.6M to C$102M.

Trade In June 2024, the top exports of Canada to Norway were Nickel Mattes (C$276M), Precious Metal Scraps (C$79.5M), Precipitated Copper (C$19.6M), Cobalt (C$13.8M), and Soybeans (C$12M). In June 2024 the top imports of Canada from Norway were Fish Fillets (C$10.8M), Non-fillet Frozen Fish (C$4.65M), Fish: dried, salted, smoked or in... (C$3.63M), Non-fillet Fresh Fish (C$3.07M), and Animal Meal and Pellets (C$2.24M).

Origins In June 2024 the exports of Canada were mainly from Ontario (C$107M), Quebec (C$5.15M), Alberta (C$4.12M), British Columbia (C$2.89M), and Nova Scotia (C$2.03M), while imports destinations were mainly Newfoundland Labrador (C$42.9M), Ontario (C$31.1M), Quebec (C$8.61M), Nova Scotia (C$7.57M), and British Columbia (C$5.41M).

Growth In June 2024, the decrease in Canada's year-by-year exports to Norway was explained primarily by an decrease in product exports in Cobalt (C$-6.42M or -31.7%), Tanks and Armored vehicles (C$-1.95M or -98.6%), and Aircraft parts including unmanned craft (C$-1.34M or -37.5%). In June 2024, the increase in Canada's year-by-year imports  from Norway was explained primarily by an increase in product imports  in Animal Meal and Pellets (C$2.07M or 1.24k%), Non-fillet Frozen Fish (C$1.73M or 59.1%), and Refined Petroleum (C$1.65M or 44.2k%).