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Norway Trade Balance

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Norway Trade Balance

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Latest Release
Oct 15, 2024
Actual
42.8B
Previous
63.4B
Commodity flows between the Norwegian statistical territory and other countries.The Norwegian statistical territory comprises the Norwegian customs territory, the Norwegian part of the continental shelf, Svalbard, Björnöya and Jan Mayen. Imports comprise goods that are declared directly at the border crossing or via a customs' warehouse. Imports of ships and oil platforms are transactions where a vessel is transferred from a foreign to a Norwegian company as registered owner of the vessel. Exports comprise goods declared for exports directly from free circulation and from customs warehouses. Exports of ships and oil platforms are transactions where a vessel is transferred from a Norwegian to a foreign company as registered owner of the vessel. In the external trade statistics the term ""traditional goods"" means goods exclusive of ships and oil platforms and exports also exclusive of crude oil and natural gas.
A higher than expected reading should be taken as positive/bullish for the NOK , while a lower than expected reading should be taken as negative/bearish for the NOK.
Importance:
Country:
Currency: NOK
Source: Statistics Norway
Norway Trade Balance
 
Release Date Time Actual Forecast Previous
Nov 15, 2024 (Oct) 02:00     42.8B
Oct 15, 2024 (Sep) 01:00 42.8B   63.4B
Sep 16, 2024 (Aug) 01:00 66.0B   58.7B
Aug 15, 2024 (Jul) 01:00 59.3B 54.2B 60.9B
Jul 12, 2024 (Jun) 01:00 61.7B   58.4B
Jun 17, 2024 (May) 01:00 58.7B   65.8B

News

Norwegian trade balance 31.6B vs. 22.2B forecast
Norwegian trade balance 31.6B vs. 22.2B forecast By Investing.com - Nov 17, 2014

Investing.com - Norway’s trade balance rose more-than-expected last month, official data showed on Monday.In a report, Statistics Norway said that Norwegian Trade Balance rose to 31.6B, from...

Norwegian trade balance 22.4B vs. 24.8B forecast
Norwegian trade balance 22.4B vs. 24.8B forecast By Investing.com - Sep 15, 2014

Investing.com - Norway’s trade balance fell unexpectedly last month, official data showed on Monday.In a report, Statistics Norway said that Norwegian Trade Balance fell to 22.4B, from 22.6B in...

Norwegian trade balance 22.60B vs. 28.70B forecast
Norwegian trade balance 22.60B vs. 28.70B forecast By Investing.com - Aug 15, 2014

Investing.com - Norway’s trade balance rose less-than-expected last month, official data showed on Friday.In a report, Statistics Norway said that Norwegian Trade Balance rose to 22.60B, from...

Analysis

Trade Balance Discussion

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