China / Norway

Overview In October 2024, China exported $507M and imported $276M from Norway, resulting in a positive trade balance of $231M. Between October 2023 and October 2024 the exports of China have increased by $267M (111%) from $240M to $507M, while imports decreased by $-12.2M (-4.25%) from $288M to $276M.

Trade In October 2024, the top exports of China to Norway were Cars ($75M), Delivery Trucks ($28.9M), Carbon-based Electronics ($22.8M), Buses ($14.8M), and Light Fixtures ($11M). In October 2024 the top imports of China from Norway were Crude Petroleum ($127M), Non-fillet Fresh Fish ($54.3M), Carboxyamide Compounds ($37.3M), Mixed Mineral or Chemical Fertilizers ($28.9M), and Integrated Circuits ($16M).

Origins In October 2024 the exports of China were mainly from Jiangsu Province ($138M), Shanghai Province ($76.6M), Guangdong Province ($70.1M), Zhejiang Province ($57.4M), and Heilongjiang Province ($56.8M), while imports destinations were mainly Shanghai Province ($83M), Shandong Province ($57.4M), Beijing ($44.5M), Jiangsu Province ($27.6M), and Guangdong Province ($19.1M).

Growth In October 2024, the increase in China's year-by-year exports to Norway was explained primarily by an increase in product exports in Cars ($37.4M or 99.6%), Delivery Trucks ($25.6M or 791%), and Other Sea Vessels ($10.2M or 37.2k%). In October 2024, the decrease in China's year-by-year imports  from Norway was explained primarily by an decrease in product imports  in Crude Petroleum ($-521M or -80.4%), Raw Nickel ($-47.5M or -78.3%), and Carboxyamide Compounds ($-31.7M or -45.9%).