Home → Norway → Trade Balance → 2018

Norway - Trade Balance 2018

Name: Norway Trade Balance 2018
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$28.3B +$10.8B from 2017 Global rank: 167th

Norway's trade balance was $28.3B in 2018, increased +$10.8B from $17.5B in 2017. This was the 167th highest globally.

Global Ranking - 2018▾

Trade Balance by Country - 2018
Rank	Country	Value	YoY
1st	United States	$-593.1B	-9.2%
2nd	India	$-101.7B	-21.4%
3rd	Philippines	$-40.7B	-36.7%
4th	Pakistan	$-37.3B	-21.7%
5th	United Kingdom	$-34.8B	-3.7%
6th	Canada	$-33.6B	7.0%
7th	France	$-26.9B	-34.5%
8th	Mexico	$-26.7B	-16.5%
9th	Egypt, Arab Republic of	$-26.1B	17.9%
10th	Bangladesh	$-23.0B	-79.8%
11th	Colombia	$-15.8B	-1.6%
12th	Lebanon	$-14.7B	-12.6%
13th	Morocco	$-12.2B	-15.1%
14th	Ukraine	$-11.4B	-30.9%
15th	Indonesia	$-11.1B	-209.8%
16th	Algeria	$-10.9B	37.4%
17th	Nepal	$-10.9B	-29.2%
18th	Argentina	$-9.9B	41.8%
19th	Uzbekistan	$-9.3B	-137.3%
20th	Kenya	$-8.6B	0.3%
21st	Romania	$-8.5B	-62.9%
22nd	Yemen, Republic of	$-8.3B	-31.6%
23rd	Guatemala	$-7.8B	-20.3%
24th	Jordan	$-7.8B	10.4%
25th	Belgium	$-7.1B	-9,206.0%
26th	Sri Lanka	$-6.5B	-3.4%
27th	West Bank and Gaza	$-6.4B	-7.7%
28th	Tunisia	$-5.5B	-5.6%
29th	Mozambique	$-5.0B	-60.5%
30th	Honduras	$-5.0B	-37.4%
31st	El Salvador	$-4.6B	-13.9%
32nd	Syrian Arab Republic	$-4.5B	-22.2%
33rd	Serbia	$-4.3B	-45.8%
34th	Greece	$-4.2B	-58.9%
35th	Haiti	$-3.9B	-27.7%
36th	Dominican Republic	$-3.7B	-94.8%
37th	Senegal	$-3.7B	-26.4%
38th	Somalia, Fed. Rep.	$-3.6B	-10.1%
39th	Chile	$-3.3B	-288.3%
40th	Bolivia, Plurinational State of	$-3.0B	-0.8%
41st	Bosnia and Herzegovina	$-3.0B	-1.1%
42nd	Kyrgyz Republic	$-3.0B	-19.3%
43rd	Moldova	$-2.9B	-30.8%
44th	Cambodia	$-2.5B	1.1%
45th	Finland	$-2.3B	-331.5%
46th	Kosovo	$-2.2B	-20.2%
47th	Uganda	$-2.1B	-97.0%
48th	Sudan	$-2.1B	8.3%
49th	Tajikistan	$-2.1B	-16.7%
50th	Guam	$-2.1B	-10.7%
51st	Virgin Islands (US)	$-2.1B	-76.6%
52nd	Albania	$-2.1B	-5.7%
53rd	Malawi	$-2.0B	-12.0%
54th	Mali	$-1.9B	9.5%
55th	Niger	$-1.9B	-27.5%
56th	Georgia	$-1.9B	-4.9%
57th	Tanzania	$-1.8B	-89.6%
58th	Armenia	$-1.7B	-37.3%
59th	New Caledonia	$-1.7B	-9.2%
60th	Congo, Democratic Republic of	$-1.7B	-20.2%
61st	North Macedonia	$-1.6B	-1.0%
62nd	French Polynesia	$-1.4B	-56.8%
63rd	Namibia	$-1.4B	24.5%
64th	Mongolia	$-1.3B	-579.4%
65th	Montenegro	$-1.3B	-15.4%
66th	Rwanda	$-1.3B	-12.0%
67th	Cameroon	$-1.2B	-38.1%
68th	Nicaragua	$-1.2B	35.0%
69th	Mauritania	$-1.2B	-79.1%
70th	Lesotho	$-1.1B	3.5%
71st	Benin	$-1.0B	-15.2%
72nd	Guinea	$-1.0B	17.5%
73rd	Ecuador	$-990.5M	-46.7%
74th	Panama	$-967.2M	-36.0%
75th	Mauritius	$-957.9M	-9.8%
76th	Sierra Leone	$-952.2M	-19.8%
77th	Timor-Leste	$-917.4M	-7.6%
78th	Curaçao	$-876.6M	-40.6%
79th	Hong Kong SAR, China	$-773.2M	-122.5%
80th	Zimbabwe	$-758.7M	74.0%
81st	Ghana	$-705.4M	58.2%
82nd	Burkina Faso	$-705.2M	21.5%
83rd	Madagascar	$-656.3M	-40.8%
84th	Togo	$-626.6M	-29.0%
85th	Bhutan	$-551.8M	-7.0%
86th	Croatia	$-532.0M	-261.0%
87th	Maldives	$-518.5M	-183.8%
88th	Central African Republic	$-394.9M	15.8%
89th	Côte d'Ivoire	$-379.6M	-130.9%
90th	Gambia, The	$-338.1M	-19.7%
91st	Cabo Verde	$-311.7M	1.9%
92nd	American Samoa	$-226.0M	14.4%
93rd	Tonga	$-215.6M	-7.3%
94th	Bahamas, The	$-211.6M	65.2%
95th	Seychelles	$-207.3M	-28.6%
96th	Comoros	$-202.4M	-14.8%
97th	Eswatini	$-174.1M	-587.3%
98th	Latvia	$-164.4M	-28.9%
99th	Kiribati	$-152.4M	7.7%
100th	Samoa	$-131.8M	-1.4%
101st	Micronesia, Federated States of	$-120.0M	20.5%
102nd	Marshall Islands	$-107.9M	-7.6%
103rd	Northern Mariana Islands	$-95.0M	-184.8%
104th	Antigua and Barbuda	$-94.9M	-629.7%
105th	Palau	$-92.9M	-2.0%
106th	New Zealand	$-74.7M	-103.7%
107th	Solomon Islands	$-68.5M	3.6%
108th	Aruba	$-65.8M	-481.6%
109th	Guinea-Bissau	$-63.2M	-11.8%
110th	Nauru	$-40.9M	-69.4%
111th	Faroe Islands	$-39.5M	-124.1%
112th	Greenland	$-26.5M	67.1%
113th	Vanuatu	$23.2M	125.9%
114th	Belize	$56.7M	30.9%
115th	Botswana	$170.5M	-73.0%
116th	Zambia	$270.1M	165.2%
117th	Costa Rica	$331.9M	21.0%
118th	Cyprus	$360.2M	561.2%
119th	Djibouti	$374.1M	334.7%
120th	San Marino	$392.4M	8.3%
121st	Paraguay	$658.6M	-67.9%
122nd	Estonia	$723.0M	-33.8%
123rd	Australia	$744.1M	-81.9%
124th	Chad	$758.9M	84.5%
125th	Belarus	$910.3M	686.7%
126th	Japan	$1.0B	-97.3%
127th	Lithuania	$1.0B	-8.0%
128th	Iceland	$1.1B	-14.4%
129th	Slovak Republic	$1.2B	-1.2%
130th	Brunei Darussalam	$1.4B	-20.2%
131st	Cayman Islands	$1.4B	-8.9%
132nd	Portugal	$1.5B	-37.0%
133rd	Bulgaria	$1.8B	-31.4%
134th	Bermuda	$1.8B	4.1%
135th	Cuba	$2.0B	-29.6%
136th	Equatorial Guinea	$2.0B	9.3%
137th	South Africa	$2.1B	-52.8%
138th	Israel	$2.4B	-59.8%
139th	Bahrain	$2.9B	-3.2%
140th	Malta	$3.0B	5.0%
141st	Uruguay	$3.3B	-7.4%
142nd	Congo, Republic of	$3.5B	2,174.5%
143rd	Turkmenistan	$3.6B	210.7%
144th	Peru	$3.9B	-4.0%
145th	Slovenia	$4.6B	4.9%
146th	Türkiye	$5.0B	118.8%
147th	Gabon	$5.3B	40.5%
148th	Hungary	$6.6B	-28.7%
149th	Brazil	$7.5B	-49.1%
150th	Azerbaijan	$7.8B	184.4%
151st	Sweden	$8.1B	-14.3%
152nd	Oman	$10.9B	446.0%
153rd	Iran, Islamic Republic of	$11.0B	321.5%
154th	Libya	$11.8B	157.6%
155th	Poland	$12.0B	-19.3%
156th	Angola	$12.2B	174.3%
157th	Viet Nam	$13.0B	81.2%
158th	Austria	$13.7B	6.6%
159th	Puerto Rico (US)	$14.0B	-44.2%
160th	Czechia	$15.3B	-9.3%
161st	Kuwait	$16.4B	198.7%
162nd	Denmark	$18.3B	-14.8%
163rd	Kazakhstan	$21.0B	58.1%
164th	Luxembourg	$23.2B	11.1%
165th	Malaysia	$24.1B	9.8%
166th	Macao SAR, China	$27.1B	17.4%
167th	Norway	$28.3B	61.8%
168th	Iraq	$35.9B	138.4%
169th	Qatar	$36.8B	59.7%
170th	Spain	$39.2B	-18.3%
171st	Thailand	$44.8B	-21.2%
172nd	Italy	$49.4B	-7.1%
173rd	Switzerland	$76.4B	21.1%
174th	Korea	$76.6B	-0.6%
175th	China	$91.5B	-57.6%
176th	Netherlands	$98.1B	8.0%
177th	Saudi Arabia	$105.8B	175.0%
178th	Singapore	$112.4B	22.5%
179th	Ireland	$116.7B	41.4%
180th	United Arab Emirates	$118.7B	22.6%
181st	Russian Federation	$165.8B	98.6%
182nd	Germany	$238.0B	-9.1%

FAQ

What was Norway's trade balance in 2018?▾

Norway's trade balance in 2018 was $28.3B. This ranked 167th globally.

How did Norway's trade balance change in 2018?▾

Norway's trade balance increased by 61.8% in 2018 compared to 2017.

Which country had the highest trade balance in 2018?▾

Germany had the highest trade balance in 2018 at $238.0B.

What is the trade balance of Norway in 2018?▾

The trade balance of Norway in 2018 was $28.3B. This ranked 167th globally.

What was Norway's trade balance in billion in 2018?▾

Norway's trade balance in 2018 was approximately 28.32 billion ($28.3B).

How does 2018 compare to 2017 for Norway's trade balance?▾

Norway's trade balance went from $17.5B in 2017 to $28.3B in 2018, a 61.8% increase.

← 2017

View all years

2019 →