Tagged: imports

Downturn in the trade surplus

The amount of goods exported in August reached NOK 56.5 billion, while imports amounted to NOK 35.8 billion. The trade balance declined by 10.4 per cent from August last year and ended at NOK...

Trade surplus increased since June

In July, exports came to NOK 61.7 billion while imports reached NOK 33.3 billion. This gave a trade surplus of NOK 28.4 billion. The surplus was NOK 2.9 billion higher than in June, but...

Lower oil prices gave less surplus

Current account surplus accounted for NOK 83 billion in the third quarter; 28 percent less than the corresponding quarter in 2008. The main reason for this is a decline in oil prices. Since the...

Norway Profits from US Trade

The annual value of goods exported to United States is more than $7 billion By John Erik Stacy 17 October 2008 Raw materials and technology The Beatles once sang of “Norwegian Wood”, but what...