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What are Norway's major exports in 2025-26?

What are Norway's major exports in 2025Key Highlights

  • Norway’s major exports  are Mineral fuels, including oil, Fish, Machinery, including computers, aluminium, and Electrical machinery, equipment
  • According to Norway export data, Norway's total exports of goods and services in 2024 were estimated to be US$230.05 billion.
  • The major Norway trade partners include the United Kingdom, Germany, the Netherlands, Sweden and Poland. 
  • Norway's biggest export is Mineral fuels, including oil, with an export value of $110.9 billion.

In 2025, Norway, a country known for its sophisticated industries and abundant natural resources, will still be a major player in international trade. The export portfolio of the nation exhibits a robust equilibrium between contemporary technology-driven goods and conventional commodities. 

Norway's exports, which range from high-value goods like machinery, fish, and aluminium to energy resources like oil and natural gas, support both its domestic economy and its international alliances. These exports demonstrate Norway's strategic importance in supplying the world's demand for energy, seafood, and advanced industrial products in addition to its economic might. In this blog post, we will explore Norway's major exports, Norway exports by category, Norway's trade partners, Norway export data, and other key trends in Norway.

What is Norway's best Export?

Norway is one of the top energy exporters in the world, with oil and natural gas making up nearly 70% of its total exports in 2023, making them its "best," or primary, export by value.

The World Bank's latest data shows that Norway's economy is very open, with trade accounting for 80% of its GDP. 

Historically, the nation imports high-tech goods, and Norway's main exports are energy-intensive goods. Norway is the world's second-largest exporter of seafood and one of the top 20 exporters of natural gas and oil.

Foreign Trade Values for Norway (2019–2023)

This table consolidates the foreign trade data for Norway, organised by year and trade category, with all figures presented in millions of U.S. Dollars (USD).

Foreign Trade Values (million USD)

2019

2020

2021

2022

2023

Imports of Goods

85,319

80,447

97,764

105,545

95,292

Exports of Goods

102,799

84,459

160,106

249,805

173,906

Imports of Services

52,625

39,527

42,053

57,230

61,371

Exports of Services

42,905

34,113

41,274

52,211

52,012

Based on the table of Norway's foreign trade values from 2019 to 2023, the period was marked by significant volatility, particularly in the trade of goods. 

Total exports of goods experienced a massive surge, peaking in 2022 at $249.81 billion, largely driven by high energy prices, before moderating in 2023 to $173.91 billion. Imports of goods showed more stability, generally increasing from $85.32 billion in 2019 to a high of $105.55 billion in 2022.

Norway Export Data 2023-25

Crude petroleum, petroleum gas, and non-fillet fresh fish were Norway's top exports in 2023, with a total export value of USD 191 billion. The United Kingdom, Germany, and Sweden were the top export destinations in 2023.

Norway's top exports

According to the World Bank, Norway's total exports of goods and services in 2024 were estimated to be US$230.05 billion, while the United Nations COMTRADE database showed that total exports of goods were US$168.27 billion.

In August of 2025, Norway had a trade surplus of NOK 60.1 billion. However, in July and June, the surplus decreased in comparison to the prior year. 

Despite a 19.9% year-over-year increase in January to US$15.7 billion, total exports fell 5.2% in August and 3.1% in July, primarily due to lower sales of manufactured goods, chemicals, and mineral fuels. Additionally, exports fell 9.5% in June. US steel and aluminium tariffs were among the international factors that affected exports.

Date/Period

Imports and exports of Norway

Norway export data

Value

Change/Context

January 2025

Total Exports

US$15.7 billion

1.0% increase from the previous year.

March 2025

Monthly Exports

NOK 155,070 million (NOK 155.07 billion)

Decrease from the previous month's NOK 169,831 million.

August 2025

Trade Surplus

NOK 60.1 billion

Widened trade surplus.

August 2025

Exports

NOK 143.4 billion

Fell by 5.2%, mainly due to lower sales of mineral fuels.

Based on Norway export data, the total value of Norway's exports was USD 15.7 billion, up 1.0% from the year before. 

Exports for the month totalled NOK 155,070 million (or NOK 155.07 billion), which was less than the NOK 169,831 million (or NOK 169.83 billion) for the previous month. 

In August 2025, the trade surplus increased to NOK 60.1 billion, while exports decreased 5.2% to NOK 143.4 billion, mostly as a result of decreased sales of mineral fuels. To get the insights on Norway imports, major Norway products, Norway export products or Norway export-import data, visit our data-driven platform today. 

Now, it's time to explore Norway’s exports by category

List of Norway’s Major Exports in 2025

Below is the list of Norway's main exports, or Norway’s top exports, in 2025:

Norway's Major Exports

Norway export data

‘Value (US$ billion)

Percentage of Total Exports (%)

Mineral fuels, including oil

110.9

66.1

Fish

15.5

9.2

Machinery including computers

5.8

3.4

Aluminum

5

3

Electrical machinery, equipment

3.8

2.3

Optical, technical, and medical apparatus

2.2

1.3

Nickel

1.6

1

Iron, steel

1.39

0.8

Vehicles

1.38

0.8

Pharmaceuticals

1.27

0.8

Further, we will discuss the top 5 Norway Export Products or Norway's main exports

1. Mineral Fuels, Including Oil (Norway's biggest export)

In 2025, Norway's economy will still be based primarily on its largest exports, oil and mineral fuels. Norway continues to provide premium natural gas and crude oil to important markets in Europe and beyond due to the continued high demand for energy worldwide. In addition to generating national income, this industry fortifies the nation's strategic position in international energy security.

2. Fish

With $15.5 billion in exports, Norway is one of the top exporters of seafood worldwide, especially salmon and cod. In Europe, Asia, and North America, Norwegian fish is highly sought after due to its cold, clear waters and sustainable fishing methods, which guarantee premium quality. In addition to helping local communities, the industry enhances Norway's standing as a producer of seafood that respects the environment.

3. Machinery Including Computers 

Exports of computers and machinery demonstrate Norway's expanding industrial and technological prowess. This $5.8 billion category includes cutting-edge machinery and computer technologies that support industries like manufacturing, automation, and energy. Norway's attempts to diversify beyond conventional natural resources are reflected in these exports.

4. Aluminium 

In 2025, Norway will export $5 billion worth of aluminium, making it a major supplier to the world market. Norwegian aluminium, which is valued for its high quality and low carbon footprint, is produced using renewable hydropower. It is essential for sectors like aerospace, construction, and automobiles.

5. Electrical Machinery & Equipment

Electrical machinery and equipment exports, valued at $3.8 billion, underline Norway’s progress in advanced manufacturing. This segment includes components for power generation, renewable energy systems, and electronics, supporting the global shift toward cleaner and more efficient technologies.

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Major Norway Trade Partners in 2025

Below is the list of Norway's biggest trading partners:

Norway trade partners

(Country)

Value (US$ billion)

Percentage of Total Norwegian Exports (%)

United Kingdom

33.9

19.1

Germany

33.8

19

Netherlands

14.8

8.3

Sweden

13.7

7.7

Poland

10.7

6

France

10.6

5.9

Belgium

9.8

5.5

Denmark

8.9

5

Finland

5.9

3.3

United States

5.7

3.2

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Norway's top trading partners exhibit a strong geographic concentration within Europe, with the United Kingdom and Germany ranking as the two most popular destinations. When combined, they make up about 19% of Norway's total exports, or US$67.7 billion. Check out Seair Exim Solutions to learn about Norway’s major exports, Norway's top exports, trade partners, export data, Norway export products, and a list of importers and exporters. 

How to find the Norway buyers list?

To get the most recent Norway export data or buyer lists, it is advised to speak with import-export companies and industry specialists. They can provide you with current, helpful statistics on Norway’s major exports, Norway's trade partners, Norway's imports and exports within the country, as well as Norway export products. 

Seair Exim Solutions is the only place you need to go for import and export data solutions. It is among the world's largest providers of import-export data

We also offer comprehensive industry insights, trade data for Norway's main exports, and import and export data for Norway or Norway’s exports by category. 

To find the latest market insights or Trade in Norway, you should read a well-researched report if you import or export goods in Norway, export companies in Norway, or are a trader seeking a list of HS Codes for export goods from Norway or Norway trade data. 

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Final Words!

In 2025, Norway's primary exports will still play a significant role in its economic growth and global influence. Norway maintains a competitive advantage in international markets by making use of its wealth of natural resources, sustainable fishing practices, and innovative industries. 

The country's focus on quality, sustainability, and technological innovation guarantees that its export industries are strong and ready for the future as global trade evolves. Norway's diverse export strategy positions it as a reliable and dynamic contributor to the global economy. Moreover, if you still have any queries regarding Norway’s major exports, Norway export products, Norway export data, or Norway imports and exports, connect with Seair Exim Solutions and schedule a free live demo.

FAQ – Norway’s Exports, Imports, and Trade Partners

Q1. What is Norway the World’s Largest Exporter Of?

Norway is one of the world’s largest exporters of mineral fuels, including oil and natural gas. Energy exports account for more than 66% of the country’s total export value, making this its most dominant global trade sector.

Q2. What Product Does Norway Export the Most?

The most exported product from Norway is crude petroleum and petroleum gas, with an export value of US$110.9 billion in 2025.

Q3. What is Norway Most Famous for Globally?

Norway is globally famous for its oil and natural gas exports as well as being the world’s second-largest seafood exporter, particularly salmon and cod.

Q4. What are the top 5 Imports of Norway?

Norway mainly imports:

  1. Machinery, including computers

  2. Electrical and electronic equipment

  3. Vehicles

  4. Pharmaceutical products

  5. Mineral fuels and distillation products

Q5. Which Industry is the Biggest in Norway’s Economy?

The oil and gas industry is the backbone of Norway’s economy, contributing the largest share of exports and government revenues. Alongside this, the fishing and seafood industry plays a vital role in Norway’s global trade reputation.

Q6. What are the Major Export Products of Norway?

The major exports are mineral fuels, fish, machinery, aluminium, and electrical machinery.

Q7. Who Does Norway Trade with the Most?

Norway trades most with European nations, especially the United Kingdom and Germany, which together account for nearly 40% of its total exports.

Q8. Which Countries are the Top 5 Trading Partners of Norway?

  1. United Kingdom – US$33.9 billion (19.1%)

  2. Germany – US$33.8 billion (19%)

  3. Netherlands – US$14.8 billion (8.3%)

  4. Sweden – US$13.7 billion (7.7%)

  5. Poland – US$10.7 billion (6%)

  • Seair Exim
  • 26-Sep-2025

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