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Norway - Trade Balance 2008

External balance on goods and services · World Bank
$82.1B +$25.8B from 2007 Global rank: 172nd

Norway's trade balance was $82.1B in 2008, increased +$25.8B from $56.3B in 2007. This was the 172nd highest globally.

Global Ranking - 2008▾
Trade Balance by Country - 2008
RankCountryValueYoY
1st United States $-740.9B -0.7%
2nd Spain $-77.4B 9.3%
3rd India $-62.0B -24.7%
4th United Kingdom $-49.4B 17.7%
5th Greece $-40.5B -16.9%
6th Poland $-28.1B -71.6%
7th Romania $-27.6B -12.1%
8th Mexico $-27.0B -44.4%
9th Australia $-26.9B -91.9%
10th Portugal $-25.2B -38.5%
11th France $-22.9B -97.8%
12th Türkiye $-22.6B 9.6%
13th Pakistan $-21.4B -54.4%
14th Italy $-17.6B -134.6%
15th Ukraine $-14.4B -77.0%
16th Viet Nam $-13.5B -28.8%
17th Morocco $-13.1B -77.7%
18th Serbia $-11.4B -25.3%
19th Bulgaria $-10.8B -28.6%
20th Egypt, Arab Republic of $-9.1B -52.5%
21st Lebanon $-8.6B -46.3%
22nd Colombia $-7.2B 18.1%
23rd Croatia $-6.9B -40.4%
24th Bangladesh $-6.7B -41.2%
25th Jordan $-6.5B -1.7%
26th Dominican Republic $-6.5B -92.1%
27th Bosnia and Herzegovina $-6.2B -34.0%
28th Guatemala $-5.7B -0.5%
29th Ghana $-5.6B -37.8%
30th Sri Lanka $-5.6B -66.0%
31st Lithuania $-5.5B -6.6%
32nd El Salvador $-4.9B -8.5%
33rd Belarus $-4.7B -65.4%
34th South Africa $-4.6B -15.2%
35th Honduras $-4.6B -32.5%
36th Latvia $-4.5B 23.3%
37th Kenya $-4.4B -36.6%
38th Korea $-4.2B -145.8%
39th Georgia $-3.8B -39.9%
40th Cyprus $-3.6B -211.7%
41st Senegal $-3.6B -39.7%
42nd West Bank and Gaza $-3.5B -8.2%
43rd Albania $-3.5B -21.3%
44th Brazil $-3.2B -116.9%
45th Moldova $-3.2B -40.8%
46th Armenia $-3.0B -60.0%
47th Tanzania $-2.8B -53.7%
48th New Caledonia $-2.8B -82.0%
49th Costa Rica $-2.7B -90.3%
50th Nepal $-2.6B -31.9%
51st North Macedonia $-2.5B -67.2%
52nd Montenegro $-2.4B -54.0%
53rd Tajikistan $-2.4B -19.8%
54th Nicaragua $-2.4B -18.5%
55th Israel $-2.3B 10.0%
56th Kosovo $-2.2B -
57th Cuba $-2.1B -245.1%
58th Slovak Republic $-2.1B -1,472.0%
59th Panama $-2.1B -101.0%
60th Madagascar $-2.0B -114.5%
61st Kyrgyz Republic $-2.0B -68.8%
62nd Haiti $-1.9B -20.6%
63rd Philippines $-1.8B -147.3%
64th Guam $-1.7B -14.6%
65th Yemen, Republic of $-1.5B 5.4%
66th Uruguay $-1.5B -510.0%
67th Guinea $-1.5B 3.5%
68th French Polynesia $-1.4B -30.0%
69th Burkina Faso $-1.4B -42.9%
70th Mali $-1.4B -97.9%
71st Tunisia $-1.4B -84.0%
72nd Mauritius $-1.3B -78.7%
73rd Mozambique $-1.3B -29.7%
74th Zimbabwe $-1.2B -157.9%
75th Slovenia $-1.2B -83.8%
76th Congo, Democratic Republic of $-1.1B -238.2%
77th Uganda $-1.1B 29.9%
78th Namibia $-1.1B -128.0%
79th Lesotho $-976.9M 0.8%
80th Niger $-974.2M -81.4%
81st Estonia $-950.4M 51.8%
82nd Bahamas, The $-888.6M -6.9%
83rd Lao PDR $-846.4M -67.2%
84th Greenland $-835.1M -64.5%
85th Cambodia $-832.2M 28.1%
86th Cameroon $-805.9M -554.1%
87th Curaçao $-787.9M -24.8%
88th Rwanda $-780.0M -121.9%
89th Timor-Leste $-755.9M -28.0%
90th Mongolia $-740.2M -1,396.2%
91st Mauritania $-568.3M -160.6%
92nd Botswana $-548.8M -135.9%
93rd Togo $-533.6M -13.3%
94th Cabo Verde $-436.7M 0.9%
95th Iceland $-377.3M 80.6%
96th Benin $-342.0M 16.7%
97th New Zealand $-334.6M -301.4%
98th Eritrea $-299.5M 1.3%
99th Zambia $-289.5M -246.0%
100th Faroe Islands $-287.5M 19.4%
101st Malta $-256.2M -3.7%
102nd Central African Republic $-247.8M -55.9%
103rd Sierra Leone $-238.2M -76.7%
104th Aruba $-228.9M 13.2%
105th Guinea-Bissau $-205.8M -13.9%
106th Comoros $-181.1M -49.7%
107th Micronesia, Federated States of $-165.0M -19.6%
108th Gambia, The $-158.3M -50.4%
109th Tonga $-140.1M -7.2%
110th Solomon Islands $-138.9M -2.7%
111th Seychelles $-123.2M -821.2%
112th American Samoa $-117.0M 2.5%
113th Samoa $-116.5M 18.0%
114th Bhutan $-115.4M -314.8%
115th Kiribati $-98.8M -9.7%
116th Marshall Islands $-92.8M 1.1%
117th Vanuatu $-75.7M -109.6%
118th Hungary $-71.7M -219.3%
119th Palau $-68.0M -14.4%
120th Nauru $6.3M -
121st Northern Mariana Islands $29.0M -39.6%
122nd Côte d'Ivoire $29.6M 122.9%
123rd Belize $38.6M -56.6%
124th Suriname $164.3M -18.6%
125th Virgin Islands (US) $190.0M -87.1%
126th Syrian Arab Republic $471.0M 43.8%
127th Uzbekistan $765.1M -30.4%
128th Paraguay $1.0B -27.1%
129th Bolivia, Plurinational State of $1.2B 17.2%
130th Peru $1.2B -83.6%
131st Chad $1.5B 15.3%
132nd Congo, Republic of $1.6B 256.4%
133rd Sudan $2.5B 786.3%
134th Chile $3.0B -87.1%
135th Belgium $3.5B -82.1%
136th Ecuador $3.6B 19.6%
137th Turkmenistan $3.9B 76.4%
138th Bahrain $5.0B 5.7%
139th South Sudan $5.1B -
140th Czechia $5.1B 11.1%
141st Indonesia $5.4B -69.2%
142nd Gabon $5.5B 38.6%
143rd Brunei Darussalam $6.7B 51.8%
144th Macao SAR, China $6.9B 38.0%
145th Thailand $7.0B -66.3%
146th Equatorial Guinea $9.8B 74.2%
147th Finland $10.3B -16.0%
148th Denmark $12.3B 40.1%
149th Oman $13.0B 87.0%
150th Argentina $13.4B 6.8%
151st Japan $17.4B -78.4%
152nd Luxembourg $18.1B 10.9%
153rd Puerto Rico (US) $19.0B 29.0%
154th Austria $19.1B 11.9%
155th Iran, Islamic Republic of $20.0B -26.7%
156th Azerbaijan $20.7B 57.9%
157th Angola $21.1B 14.8%
158th Hong Kong SAR, China $22.3B -1.2%
159th Ireland $23.8B 6.3%
160th Iraq $25.8B 64.0%
161st Kazakhstan $26.7B 293.7%
162nd Sweden $26.9B -7.1%
163rd Canada $27.4B -14.2%
164th United Arab Emirates $29.1B 41.5%
165th Algeria $36.6B 17.2%
166th Qatar $38.4B 97.0%
167th Libya $39.0B 29.9%
168th Singapore $40.0B -29.3%
169th Malaysia $51.5B 34.0%
170th Switzerland $53.8B 12.1%
171st Kuwait $60.2B 49.6%
172nd Norway $82.1B 45.9%
173rd Netherlands $86.8B 33.4%
174th Saudi Arabia $146.2B 40.5%
175th Russian Federation $153.4B 36.9%
176th Germany $220.3B -1.0%
177th China $348.8B 13.2%
Source: World Bank (NE.RSB.GNFS.CD)

FAQ

What was Norway's trade balance in 2008?▾

Norway's trade balance in 2008 was $82.1B. This ranked 172nd globally.

How did Norway's trade balance change in 2008?▾

Norway's trade balance increased by 45.9% in 2008 compared to 2007.

Which country had the highest trade balance in 2008?▾

China had the highest trade balance in 2008 at $348.8B.

What is the trade balance of Norway in 2008?▾

The trade balance of Norway in 2008 was $82.1B. This ranked 172nd globally.

What was Norway's trade balance in billion in 2008?▾

Norway's trade balance in 2008 was approximately 82.06 billion ($82.1B).

How does 2008 compare to 2007 for Norway's trade balance?▾

Norway's trade balance went from $56.3B in 2007 to $82.1B in 2008, a 45.9% increase.

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