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Norway - Trade Balance 2003

External balance on goods and services · World Bank
$29.9B +$3.6B from 2002 Global rank: 162nd

Norway's trade balance was $29.9B in 2003, increased +$3.6B from $26.3B in 2002. This was the 162nd highest globally.

Global Ranking - 2003▾
Trade Balance by Country - 2003
RankCountryValueYoY
1st United States $-522.0B -18.7%
2nd United Kingdom $-43.9B -3.4%
3rd Spain $-20.0B -43.1%
4th Greece $-20.0B -43.2%
5th Mexico $-10.6B 12.9%
6th Portugal $-10.6B 3.8%
7th Australia $-9.8B -58,406.9%
8th Poland $-6.0B 15.6%
9th Romania $-4.5B -71.2%
10th Viet Nam $-4.3B -71.6%
11th India $-4.2B 16.1%
12th Lebanon $-4.1B -14.7%
13th Croatia $-3.6B -45.4%
14th Hungary $-3.5B -141.9%
15th Bosnia and Herzegovina $-3.3B -22.9%
16th Serbia $-3.3B -17.1%
17th Colombia $-3.2B 3.0%
18th Guatemala $-3.2B -13.2%
19th Bangladesh $-2.9B -27.1%
20th Philippines $-2.6B 20.2%
21st El Salvador $-2.2B -15.1%
22nd Iran, Islamic Republic of $-2.2B -356.7%
23rd Bulgaria $-2.2B -64.6%
24th Jordan $-2.1B -16.2%
25th Egypt, Arab Republic of $-2.1B 44.0%
26th West Bank and Gaza $-2.0B -14.0%
27th Israel $-2.0B 57.7%
28th Morocco $-1.7B -51.6%
29th Azerbaijan $-1.7B -277.1%
30th Mozambique $-1.6B 10.6%
31st Czechia $-1.5B -39.3%
32nd Latvia $-1.5B -52.3%
33rd Albania $-1.4B -22.7%
34th Senegal $-1.3B -29.4%
35th Ghana $-1.2B -60.9%
36th Honduras $-1.2B -17.5%
37th Sri Lanka $-1.1B -5.8%
38th Nicaragua $-1.1B -3.7%
39th Lithuania $-1.1B -34.3%
40th Guam $-1.0B -14.4%
41st New Caledonia $-1.0B -35.6%
42nd Haiti $-946.0M -23.2%
43rd Tunisia $-939.8M -7.7%
44th Chad $-935.7M 53.6%
45th Uganda $-912.6M -6.6%
46th Kenya $-888.1M -25.6%
47th Estonia $-834.6M -52.9%
48th Nepal $-813.3M -25.0%
49th North Macedonia $-779.4M -2.4%
50th Belarus $-682.6M -24.8%
51st Moldova $-662.2M -60.0%
52nd Georgia $-587.6M -31.4%
53rd Cambodia $-586.3M -31.7%
54th Burkina Faso $-565.4M -14.9%
55th Congo, Democratic Republic of $-539.0M -404.8%
56th Zambia $-536.5M -20.1%
57th Armenia $-535.7M -23.1%
58th Timor-Leste $-532.5M 31.2%
59th Eritrea $-531.9M -37.5%
60th Namibia $-448.0M -543.9%
61st Madagascar $-423.3M -20.7%
62nd Sudan $-413.3M 18.8%
63rd Sierra Leone $-391.6M 6.2%
64th Pakistan $-360.6M 38.9%
65th Mauritania $-350.1M -172.2%
66th Costa Rica $-342.7M -5.2%
67th Iceland $-337.7M -326.7%
68th Zimbabwe $-324.3M -62.7%
69th Mali $-319.2M -478.2%
70th Rwanda $-294.2M 1.9%
71st Cabo Verde $-293.1M -31.2%
72nd Montenegro $-279.7M 11.2%
73rd Lao PDR $-274.6M -60.2%
74th Togo $-266.9M -26.8%
75th Mongolia $-248.8M -4.4%
76th Cuba $-245.3M 56.4%
77th Niger $-232.0M -19.2%
78th Benin $-231.5M -27.9%
79th Faroe Islands $-221.0M -3,396.3%
80th Cameroon $-218.7M 29.8%
81st Slovak Republic $-208.3M 90.8%
82nd Malta $-198.4M -277.3%
83rd Greenland $-182.5M -
84th Yemen, Republic of $-177.2M -127.6%
85th Bhutan $-157.4M -15.1%
86th Tajikistan $-152.5M 4.4%
87th Aruba $-149.9M -86.2%
88th Micronesia, Federated States of $-141.0M -8.5%
89th Panama $-136.1M -190.2%
90th Kyrgyz Republic $-126.1M -109.0%
91st Comoros $-98.9M -28.0%
92nd Slovenia $-94.1M -140.4%
93rd Guinea-Bissau $-78.4M -0.2%
94th Marshall Islands $-74.2M -18.0%
95th Guyana $-72.9M 17.2%
96th Tonga $-69.7M -2.1%
97th Kiribati $-68.5M -4.7%
98th Belize $-68.4M 5.8%
99th Bolivia, Plurinational State of $-61.9M 87.1%
100th American Samoa $-61.0M -38.6%
101st Solomon Islands $-49.9M -588.0%
102nd Samoa $-46.9M 14.8%
103rd Tanzania $-39.9M -126.6%
104th Gambia, The $-32.5M -5.5%
105th Dominican Republic $-30.7M 98.4%
106th Vanuatu $-15.8M 15.1%
107th Central African Republic $2.8M 106.6%
108th Guinea $26.6M 136.2%
109th Seychelles $46.6M 276.0%
110th Bahamas, The $49.4M -73.2%
111th Türkiye $66.8M -98.9%
112th Mauritius $110.3M -32.9%
113th Turkmenistan $120.2M -62.1%
114th Iraq $120.8M -98.3%
115th Congo, Republic of $166.9M -80.1%
116th Cyprus $221.1M 65.5%
117th Peru $237.7M 162.0%
118th Northern Mariana Islands $344.0M -11.1%
119th Uruguay $374.1M 126.4%
120th Ecuador $410.6M 145.1%
121st Virgin Islands (US) $543.0M 42.5%
122nd Papua New Guinea $544.1M 522.9%
123rd Uzbekistan $609.7M 118.0%
124th Syrian Arab Republic $626.2M -61.5%
125th Botswana $887.8M 30.8%
126th Côte d'Ivoire $897.2M -27.1%
127th Angola $904.9M -38.0%
128th Paraguay $1.0B -9.3%
129th Ukraine $1.3B -30.4%
130th Gabon $1.5B 40.5%
131st New Zealand $1.6B -23.1%
132nd Kazakhstan $1.7B 13,435.5%
133rd Bahrain $1.8B 33.3%
134th Brunei Darussalam $2.0B 56.3%
135th Macao SAR, China $2.9B 14.5%
136th Chile $3.4B 137.4%
137th Oman $3.7B -14.0%
138th South Africa $4.2B -5.3%
139th Luxembourg $6.1B 18.0%
140th Libya $6.3B 188.5%
141st Italy $7.2B -25.6%
142nd Austria $7.2B -8.7%
143rd Qatar $7.8B 25.4%
144th Kuwait $8.4B 176.4%
145th Thailand $9.7B 13.9%
146th Algeria $10.0B 67.4%
147th Korea $10.7B 53.6%
148th Finland $11.3B -10.2%
149th United Arab Emirates $11.9B 82.1%
150th Brazil $12.4B 188.6%
151st Argentina $14.3B -2.4%
152nd Hong Kong SAR, China $14.7B 8.2%
153rd Denmark $14.8B 21.1%
154th Belgium $17.0B 18.2%
155th Indonesia $17.2B 39.9%
156th Sweden $17.9B 27.5%
157th Switzerland $18.5B 12.0%
158th Puerto Rico (US) $21.4B 17.8%
159th Malaysia $21.7B 24.7%
160th Ireland $24.9B 12.9%
161st Singapore $27.3B 60.1%
162nd Norway $29.9B 13.6%
163rd France $30.7B -11.6%
164th Canada $34.9B 3.9%
165th China $35.8B -4.2%
166th Netherlands $41.8B 17.8%
167th Saudi Arabia $47.2B 43.9%
168th Russian Federation $48.9B 31.4%
169th Japan $72.6B 37.3%
170th Germany $91.8B 7.8%
Source: World Bank (NE.RSB.GNFS.CD)

FAQ

What was Norway's trade balance in 2003?▾

Norway's trade balance in 2003 was $29.9B. This ranked 162nd globally.

How did Norway's trade balance change in 2003?▾

Norway's trade balance increased by 13.6% in 2003 compared to 2002.

Which country had the highest trade balance in 2003?▾

Germany had the highest trade balance in 2003 at $91.8B.

What is the trade balance of Norway in 2003?▾

The trade balance of Norway in 2003 was $29.9B. This ranked 162nd globally.

What was Norway's trade balance in billion in 2003?▾

Norway's trade balance in 2003 was approximately 29.87 billion ($29.9B).

How does 2003 compare to 2002 for Norway's trade balance?▾

Norway's trade balance went from $26.3B in 2002 to $29.9B in 2003, a 13.6% increase.

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2002 2004 All years Full ranking 2003 Exports Imports Current Account Balance FDI Inflows FDI Outflows Peak: 2022 Lowest: 1977 Trade Balance 1990s Trade Balance 2000s Trade Balance 2010s Trade Balance 2020s Highest ever Lowest ever Average vs United States vs Singapore vs Isle of Man vs Iceland NATO Trade Balance OECD Trade Balance Global Ranking