Philippines / Norway

Overview In August 2024, Philippines exported $940k and imported $3.97M from Norway, resulting in a negative trade balance of $3.03M. Between August 2023 and August 2024 the exports of Philippines have increased by $103k (12.4%) from $836k to $940k, while imports decreased by $-2.99M (-43%) from $6.95M to $3.97M.

Trade In August 2024, the top exports of Philippines to Norway were Rubber Tires ($110k), Processed Fish ($67.4k), Coconuts, Brazil Nuts, and Cashews ($40.8k), Other Processed Fruits and Nuts ($35.3k), and Commodities not elsewhere specified ($35.2k). In August 2024 the top imports of Philippines from Norway were Nitrogenous Fertilizers ($1.68M), Mixed Mineral or Chemical Fertilizers ($1.23M), Disc Chemicals for Electronics ($1.2M), Non-fillet Frozen Fish ($589k), and Fish Fillets ($388k).

Growth In August 2024, the increase in Philippines's year-by-year exports to Norway was explained primarily by an increase in product exports in Rubber Tires ($52k or 89.6%), Seats ($16.3k or 215%), and Pasta ($7.98k or 484%). In August 2024, the decrease in Philippines's year-by-year imports  from Norway was explained primarily by an decrease in product imports  in Mixed Mineral or Chemical Fertilizers ($-5.4M or -81.5%), Nitrogenous Fertilizers ($-238k or -12.4%), and Non-fillet Frozen Fish ($-97.9k or -14.2%).