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 |