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Goods Exports (BoP, USD) fell 2.96% to USD 172 bil in Norway in 2024

Goods Exports (BoP, USD) (USD bil), 2024
Economy | Norway | September 1, 2025
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Goods exports as a part of the balance of payment fell 2.96% to USD 172 bil in Norway in 2024, according to the National Statistical Office.

Historically, goods exports as a part of the balance of payment in Norway reached an all time high of USD 271 bil in 2022 and an all time low of USD 7.27 bil in 1975. When compared to Norway's main peers, goods exports as a part of the balance of payment in Denmark amounted to USD 172 bil, USD 83.3 bil in Finland, USD 7.02 bil in Iceland and USD 222 bil in Sweden in 2024.

Norway has been ranked 31st within the group of 103 countries we follow in terms of goods exports as a part of the balance of payment, 1 place above the position seen 10 years ago.

Goods Exports (BoP, USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Australia USD bil 258 272 251 344 413
Denmark USD bil 119 120 120 141 149
Finland USD bil 74.3 72.7 67.4 82.9 93.4
Germany USD bil 1,369 1,314 1,213 1,444 1,475
Iceland USD bil 5.72 5.35 4.73 6.12 7.53
Indonesia USD bil 181 168 163 233 293
Netherlands USD bil 578 554 529 662 741
New Zealand USD bil 39.9 39.7 38.3 45.1 46.2
Norway USD bil 122 103 84.2 173 271
Papua New Guinea USD bil 9.81 10.9 9.08 10.8 14.6 ...
Russia USD bil 444 420 334 494 592
Sweden USD bil 181 179 173 214 221
United Kingdom USD bil 472 470 403 457 533