Net trade in goods in Norway
Norway: Net trade in goods was 72.00 billion BoP, current US$ in 2025. ◆ Volatile
Net trade in goods in Norway, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Norway is 72.00 billion BoP, current US$, measured in 2025.
That represents a change of down 2.5% on the previous year and up 162.0% over ten years.
Over the whole period, net trade in goods in Norway peaked at 170.55 billion BoP, current US$ in 2022 and was at its lowest, -4.05 billion BoP, current US$, in 1977.
Norway ranks 10th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.17 billion BoP, current US$ | -4.05 billion BoP, current US$ | 146.11 million BoP, current US$ | 5 |
| 1980s | 2.23 billion BoP, current US$ | -2.09 billion BoP, current US$ | 5.16 billion BoP, current US$ | 10 |
| 1990s | 9.06 billion BoP, current US$ | 2.69 billion BoP, current US$ | 13.58 billion BoP, current US$ | 10 |
| 2000s | 43.86 billion BoP, current US$ | 24.65 billion BoP, current US$ | 84.84 billion BoP, current US$ | 10 |
| 2010s | 42.94 billion BoP, current US$ | 12.92 billion BoP, current US$ | 73.76 billion BoP, current US$ | 10 |
| 2020s | 79.52 billion BoP, current US$ | 2.07 billion BoP, current US$ | 170.55 billion BoP, current US$ | 6 |
Countries ranked near Norway
- 7 Switzerland 109.21 billion BoP, current US$ compare
- 8 Netherlands 87.60 billion BoP, current US$ compare
- 9 Saudi Arabia 81.43 billion BoP, current US$ compare
- 11 Brazil 59.73 billion BoP, current US$ compare
- 12 Italy 58.61 billion BoP, current US$ compare
- 13 Qatar 55.74 billion BoP, current US$ compare
More economy & growth data for Norway
- External balance on goods and services as a percent of GDP 11.7% (2025)
- Inflation of consumer prices 3.1% (2025)
- GDP per capita 83,813 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.1% (2025)
- Gross domestic product (GDP) 470.26 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 83,813 constant 2015 US$ (2025)
- DEC alternative conversion factor 10.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -56.92 billion current LCU (2022)
- Net secondary income (Net current transfers from abroad) -5.92 billion current US$ (2022)
- Taxes less subsidies on products 488.47 billion current LCU (2025)
Frequently asked questions
- What is net trade in goods in Norway?
- Net trade in goods in Norway was 72.00 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Norway?
- The highest recorded value was 170.55 billion BoP, current US$ in 2022.
- What is the lowest net trade in goods recorded in Norway?
- The lowest recorded value was -4.05 billion BoP, current US$ in 1977.
- How does Norway rank for net trade in goods?
- Norway ranks 10th out of 198 countries with data for 2025.
- Is net trade in goods rising or falling in Norway?
- Over the last ten years it is up 162.0%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.