Norway

Insights for Norway

BETA

June 2026 period, National level, Product SICT aggregation

AI
Summary: Overall, Norway's trade dynamics in June 2026 indicate a stable growth in both imports and exports. The total trade value for imports was 94.82 billion NOK, with a slight month-on-month increase, while exports reached 158.2 billion NOK, showing a modest growth as well. Year-on-year, imports increased by 3.63 billion NOK, and exports surged by 17.54 billion NOK, highlighting a robust trade performance despite some declines in specific partner countries.
AI
MoM insights: In June 2026, Norway's imports saw a total trade value of 94.82 billion NOK, with a month-on-month increase of 693.44 million NOK, reflecting a slight growth of 0.0074%. The top three countries contributing to this increase were Canada (1.27 billion NOK), Ireland (950.1 million NOK), and Belgium (847.89 million NOK). Conversely, the bottom three countries with the largest declines were Thailand (-4.28 billion NOK), the Netherlands (-529.17 million NOK), and Switzerland (-342.94 million NOK). On the exports side, Norway's total trade value reached 158.2 billion NOK, with a modest month-on-month increase of 146.36 million NOK, or 0.0009%. The leading contributors to this growth were the Netherlands (3.24 billion NOK), Italy (2.08 billion NOK), and Japan (1.85 billion NOK). The countries with the most significant declines included the United Kingdom (-3.02 billion NOK), Germany (-2.03 billion NOK), and Sweden (-1.84 billion NOK).
AI
YoY insights: Year-on-year, Norway's imports totaled 94.82 billion NOK, reflecting an increase of 3.63 billion NOK, or 0.0398%. The top contributors to this growth were Belgium (1.38 billion NOK), Sweden (1.38 billion NOK), and China (1.08 billion NOK). The countries with the largest declines were Thailand (-1.29 billion NOK), Germany (-1.09 billion NOK), and Poland (-738.66 million NOK). On the exports front, Norway's total trade value was 158.2 billion NOK, with a significant year-on-year increase of 17.54 billion NOK, or 0.1247%. The top contributors to this growth were the United Kingdom (5.76 billion NOK), Japan (2.12 billion NOK), and Belgium (2.04 billion NOK). The countries with the largest declines included Germany (-7.36 billion NOK), Portugal (-396.76 million NOK), and Sweden (-211.1 million NOK).
Other analyses for Norway in June 2026
National level, Product HS aggregation
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