Norvège Balance Commerciale

Norway's trade surplus widened to NOK 83.2 billion in December 2024 from NOK 77.3 billion in the corresponding month of the previous year. Exports climbed 8.4% from a year earlier to NOK 169.1 billion, primarily driven by higher sales of beverages and tobacco (30.2%), machinery and means of transport (25.3%), and processed goods grouped mainly by material (19.8%). However, sales declined most for animals and vegetable oils, fats and waxes (-6.2%) and raw materials (non-edible), excluding fuels (-2.7%). Meanwhile, imports surged 9.3% year-on-year to NOK 85.9 billion, mainly due to increased purchases of machinery and means of transport (21.1%), raw materials (non-edible), excluding fuels (17.7%), and chemical products (13.8%). However, purchases fell significantly for fuels, lubricating oils, electric power (-44.4%). Considering the whole period of 2024, the country posted a trade surplus of NOK744.7 billion, a 13.1% lower compared to the previous year.