Norway / Israel

Overview In November 2024, Norway exported NOK288M and imported NOK80.4M from Israel, resulting in a positive trade balance of NOK208M. Between November 2023 and November 2024 the exports of Norway have increased by NOK78.5M (37.5%) from NOK210M to NOK288M, while imports decreased by NOK-49.4M (-38%) from NOK130M to NOK80.4M.

Trade In November 2024, the top exports of Norway to Israel were Fish (not marine mammals), crustaceans, molluscs... (NOK149M), Paper, paperboard and articles of paper... (NOK3.93M), Machinery specialized for particular industries (NOK3.65M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK2.85M), and Telecommunications and sound-recording and reproducing apparatus... (NOK2.32M). In November 2024 the top imports of Norway from Israel were Chemical materials and products, n.e.s. (NOK57.2M), Vegetables and fruit (NOK11.9M), Road vehicles (including air-cushion vehicles) (NOK8.91M), Inorganic chemicals (NOK8.69M), and General industrial machinery and equipment, n.e.s.,... (NOK8.05M).

Growth In November 2024, the increase in Norway's year-by-year exports to Israel was explained primarily by an increase in product exports in Machinery specialized for particular industries (NOK2.91M or 396%), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK2.4M or 531%), and Telecommunications and sound-recording and reproducing apparatus... (NOK2.05M or 745%). In November 2024, the decrease in Norway's year-by-year imports  from Israel was explained primarily by an decrease in product imports  in Vegetables and fruit (NOK-5.31M or -30.8%), Professional, scientific and controlling instruments and... (NOK-3.08M or -65.6%), and Electrical machinery, apparatus and appliances, n.e.s.,... (NOK-2.61M or -32.9%).