Balance of trade · Norway

Norway Balance of Trade

The Norway Balance of Trade shows the difference between the value of goods (and sometimes services) that Norway sells abroad and what it buys from abroad, or the growth of exports and imports.

Importance
Low
Publié
Monthly
Prochaine publication
Devise
NOK · Norwegian krone
Banque centrale
Norges Bank
Influence
EURNOK · GBPNOK · USDNOK

Derniers chiffres

La dernière publication, pour SEP, est parue le 2026-10-15 et s’est établie à NOK105.0B.

PubliéPourRéelConsensusPrécédent
15 Oct 2026SEPNOK105.0B–NOK100.6B ®
15 Sep 2026AUGNOK100.4B–NOK88.8B ®
17 Aug 2026JULNOK84.3B–NOK63.3B ®
15 Jul 2026JUNNOK61.9B–NOK62.2B ®
15 Jun 2026MAYNOK62.6B–NOK83.6B ®
15 May 2026APRNOK84.2B–NOK96.4B ®
15 Apr 2026MARNOK97.5B–NOK44.9B ®
16 Mar 2026FEBNOK44.8B–NOK75.8B ®
16 Feb 2026JANNOK75.9B–NOK42.9B
15 Jan 2026DECNOK42.9B–NOK41.3B
15 Dec 2025NOVNOK41.3B–NOK56.1B ®
17 Nov 2025OCTNOK56.5B–NOK35B ®

Voir dans le calendrier économique →

Pourquoi c’est important

Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the Norwegian krone; strong imports signal domestic demand. China's figures are read as a gauge of world demand.

Mode de calcul

Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.

Trade balance = exports − imports

Ce que signifient les variations

  • Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
  • Exchange-rate moves take months to affect trade volumes (the J-curve).

Supérieur aux attentes : A larger surplus (or smaller deficit) than expected tends to support the Norwegian krone.

Inférieur aux attentes : A smaller surplus (or larger deficit) than expected tends to weigh on the Norwegian krone.

Un bref historique

Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.

Questions

What is the Norway Balance of Trade?

The Norway Balance of Trade shows the difference between the value of goods (and sometimes services) that Norway sells abroad and what it buys from abroad, or the growth of exports and imports.

What was the latest Norway Balance of Trade?

NOK105.0B for SEP, published on 15 October 2026.

When is the next Norway Balance of Trade?

On Monday 16 November 2026 at 07:00 UTC.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.