Norway - Imports of Goods





Norway: Imports of Goods

Mnemonic TRIG.INOR
Unit Ths. NOK, NSA
Adjustments Not Seasonally Adjusted
Monthly 4.61 %
Data Feb 2024 77,812,115
Jan 2024 81,572,381

Series Information

Source Statistics Norway
Release External Merchandise Trade (M)
Frequency Monthly
Start Date 1/31/1988
End Date 2/29/2024

Norway: Trade

Reference Last Previous Units Frequency
Balance of Goods Feb 2024 51,796,059 65,264,413 Ths. NOK, NSA Monthly
Exports of Goods Feb 2024 129,608,174 146,836,794 Ths. NOK, NSA Monthly
Imports of Goods Feb 2024 77,812,115 81,572,381 Ths. NOK, NSA Monthly
Current Account Balance 2023 Q4 235,311 193,131 Mil. NOK, NSA Quarterly
Exports of Goods and Services 2023 Q4 575,793 521,483 Mil. NOK, CDASA Quarterly
Imports of Goods and Services 2023 Q4 417,381 409,341 Mil. NOK, CDASA Quarterly
Net Exports 2023 Q4 158,412 112,142 Mil. NOK, CDASA Quarterly
Real Exports of Goods and Services 2023 Q4 503,874 487,874 Mil. 2021 NOK, CDASA Quarterly
Real Imports of Goods and Services 2023 Q4 339,224 341,761 Mil. 2021 NOK, CDASA Quarterly
Real Net Exports 2023 Q4 164,650 146,113 Mil. 2021 NOK, CDASA Quarterly

Release Information

For Norway, the external trade statistics (a.k.a. merchandise trade, foreign trade, trade in goods) provide information about the commodity flows (shipments, hydrocarbon exports) between Norway and other countries.

  • Classification: SITC
  • Measurements:
    • Millions of Norwegian kroner (Mil. NOK)
    • Thousands thereof (Ths. NOK)
  • Adjustments:
    • Seasonally adjusted (SA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: As early as 1973m1

The Norwegian statistical territory comprises the Norwegian customs territory, the Norwegian part of the continental shelf, Svalbard, Bjørnøya and Jan Mayen.

The statistics cover customs declared shipments, exports of crude oil and natural gas from the Norwegian Continental Shelf and imports of ships and oil platforms.

Preliminary figures for the previous month are released on the 15th of each month.

Commodities are classified by the international HS (Harmonized System), UN SITC Rev.4 (level of processing), and UN BEC (Broad Economic Categories).

The assigned statistical value is the value when crossing the Norwegian border, before duties, value added and other taxes. Customs, VAT and other costs are not included in the statistical value. For crude oil that is exported by ship directly from installations on the Norwegian continental shelf, the value when leaving the installations is used. For crude oil and natural gas transported by pipeline from the Norwegian continental shelf, the value when leaving the Norwegian continental shelf. The value of transport in international waterand to a terminal abroad is included in the exports of services. Finally, the statistical value for exports and imports is the transfer sum including takeover of debt, excluding the value of a possibly enclosed charter party.

Definitions

Previously Comecon
Aggregate of countries that were members of "Comecon," a Soviet-led trade bloc (1949 to 1991) comprising Bulgaria, Cuba, Czechoslovakia, East Germany, Hungary, Mongolia, Poland, Romania, Vietnam and members of the former USSR. Reported 2007m1 to 2011m12.

Each month's release is typically revised for the current calendar year; the month-to-month change is usually less than 1%. Final figures for the preceeding year are released in April or May. Occasionally up to 36 prior months may be revised.

Seasonally adjusted figures may be revised for the entire length of the series.

Fluctuations are inherent to trade data. For smaller trade partners in particular, it's not unusual for most months to have values of 0 or "ND" (no data).

Further reading

At the source:

At IMF DSBB (SDDS):

  • Sep 2005 - Initial version.
  • Sep 2011 - Addendum of 70 countries.
  • Jul 2012 - Terminated select items.
  • Mar 2013 - Terminated "Previously Comecon."
  • 13 Nov 2023, Phillip Thorne - Properties.