Trending
Tree map
Stacked
Scatter
Network
Map
Insights for Norway
BETA
March 2026 period, National level, Product aggregation
AI
Summary: In summary, Norway's total trade value for March 2026 reached 300.81B NOK, with exports totaling 199.86B NOK (an increase of 66.83B NOK or 50.24%) and imports at 100.95B NOK (an increase of 13.89B NOK or 15.88%). The trade balance indicates a strong export performance, particularly with the UK, Germany, and the Netherlands leading the way. The overall trade dynamics reflect Norway's strategic positioning as a reliable supplier, especially in the context of gas imports to the UK, amidst ongoing geopolitical shifts.
AI
MoM insights: In March 2026, Norway's trade values showed significant changes. For imports, Sweden led with a trade value of 11.4B NOK, reflecting a month-on-month increase of 2.32B NOK (25.53%). Germany followed closely with 11.25B NOK, up by 2.31B NOK (25.82%). China also saw a notable increase, reaching 14.44B NOK, with a rise of 2.18B NOK (17.79%). On the lower end, Ireland's imports dropped to 954.7M NOK, down by 1.53B NOK (-61.63%), while Canada and Switzerland also experienced declines of 618.7M NOK (-25.75%) and 395.2M NOK (-31.12%) respectively.
For exports, the United Kingdom dominated with a staggering 39.34B NOK, an increase of 18.51B NOK (888.59%). Germany followed with 38.39B NOK, up by 15.7B NOK (69.21%). The Netherlands also saw a significant rise to 21B NOK, increasing by 7.87B NOK (59.92%). Conversely, Croatia's exports plummeted to 57.86M NOK, down by 754.89M NOK (-92.88%), while South Korea and Latvia also faced declines of 177.8M NOK (-13.62%) and 163.11M NOK (-43.17%) respectively.
AI
YoY insights: Year-on-year analysis for imports revealed that China led with a trade value of 14.44B NOK, an increase of 3.73B NOK (34.77%). The Netherlands followed with 5.03B NOK, up by 1.35B NOK (36.65%). The United Kingdom also saw growth, reaching 4.75B NOK, an increase of 1.14B NOK (31.56%). On the downside, the United States experienced a decline to 5.24B NOK, down by 966.19M NOK (-15.57%), while Chile and Germany also faced reductions of 833.93M NOK (-70.15%) and 654.09M NOK (-5.50%) respectively.
For exports, the United Kingdom again led with 39.34B NOK, an increase of 11.44B NOK (40.99%). Germany followed with 38.39B NOK, up by 8.64B NOK (29.03%). The Netherlands also showed strong growth at 21B NOK, increasing by 6.8B NOK (47.88%). However, the United States saw a decline to 5.47B NOK, down by 535.04M NOK (-8.91%), while Canada and Egypt also faced significant drops of 477.82M NOK (-51.34%) and 467.76M NOK (-71.84%) respectively.
