Balance of Trade

A monetary based measurement of the difference between exports and imports. The Norway balance of trade is estimated by Statistics Norway. Exports surpassing imports means a surplus and is healthy for the economy.

 Norway Trade Balance

Norway Trade Balance dropped into a deficit on a monthly basis for June 2017, decreasing by NOK 7700 million compared to previous month’s value. Results were reported at NOK -800 million, decline from previous month’s values of NOK 6900 million. Balance of Trade in Norwaypeaked at an all-time high point ofNOK 48677 Million in January of 2014and hit rock-bottom at-NOK5680 Million in April of 1986.