Export News
2026-03-16
In 2025, the Kingdom of Norway exported goods valued at approximately US$170.5 billion to international markets.
Compared with $160.5 billion recorded in 2021, this represents a 6.2% increase over the five-year period. On a year-to-year basis, export performance remained relatively stable, rising 1.5% from $168.1 billion in 2024.
During the same period, the Norwegian krone strengthened by about 3.5% against the US dollar based on the 2025 average exchange rate. A stronger domestic currency can make Norwegian products slightly more expensive for overseas buyers who purchase goods using US dollars.
The five most valuable export commodities from Norway in 2025 were petroleum gases, crude oil, fresh whole fish, refined petroleum oils, and raw aluminum. Together, these key products generated about 68.6% of the country's total export revenue.
Norway's export structure continues to benefit from strong energy prices. Petroleum gases, crude oil, and refined petroleum products alone accounted for more than three-fifths (60.6%) of total export earnings.

Norway's Key International Trade Partners
Geographically, Norway's closest neighbors include Finland, Russia, and Denmark.
However, the most recent trade statistics indicate that 85.4% of Norwegian exports were purchased by importers in the following markets:
1. United Kingdom (17.5%)
2. Germany (17.4%)
3. Netherlands (9.8%)
4. Sweden (6.5%)
5. Poland (5.9%)
6. France (5.8%)
7. Denmark (5.7%)
8. Belgium (5.1%)
9. United States (3.9%)
10. Finland (3.3%)
11. China (2.7%)
12. Italy (1.8%)
Looking at exports by region, European countries dominate Norway's trade relationships, receiving roughly 85.5% of total exports. Meanwhile, Asian markets account for about 7.7%, and North America receives around 4.5%.
Other regions receive smaller shares of Norwegian exports, including Latin America (1.05%), Africa (0.96%), and Oceania (0.2%), with most shipments there going to Australia and New Zealand.
With a population of approximately 5.62 million, Norway's export total of $170.5 billion in 2025 equates to about $30,350 per resident, slightly higher than the $30,150 per capita recorded in 2024.
Norway's Top 10 Export Categories
The following product groups generated the highest export revenues for Norway in 2025, along with their respective shares of total exports:
1. Mineral fuels, including oil — $106 billion (62.2%)
2. Fish and seafood — $16.6 billion (9.7%)
3. Electrical machinery and equipment — $7 billion (4.1%)
4. Machinery including computers — $6.3 billion (3.7%)
5. Aluminum — $5.4 billion (3.2%)
6. Optical, technical and medical instruments — $2.4 billion (1.4%)
7. Vehicles — $1.58 billion (0.9%)
8. Nickel — $1.55 billion (0.9%)
9. Iron and steel — $1.3 billion (0.7%)
10. Articles made of iron or steel — $1.2 billion (0.7%)
These top ten export categories together accounted for approximately 87.5% of Norway's total export earnings in 2025.
Among them, electrical machinery and equipment recorded the fastest growth, surging 83.9% compared with 2024.
The vehicle category ranked second in growth, increasing 14.5% year over year, followed by machinery including computers, which rose 9%.
On the other hand, iron or steel products experienced the sharpest decline, dropping 8.3% compared with the previous year.
The statistics above are calculated using the two-digit level of the Harmonized Tariff System (HTS) classification. A more detailed breakdown can be obtained by examining four-digit HTS export data, which provides deeper insight into specific products.
Major Norwegian Export Companies
For businesses planning to enter Norway's export market, locating trustworthy suppliers is a crucial step. Advanced data solutions such as Tendata offer powerful tools—including keyword searches and HS code filtering—that enable companies to quickly identify thousands of verified trading partners, analyze purchasing trends, and access contact information. These capabilities can significantly shorten the time required to explore new markets.
For instance, when analyzing cotton demand, the platform can immediately identify the top suppliers in Norway for 2025.
Some of the leading suppliers include:
1.OSLOBUNADEN AS(24.79%)
2.PHARMAKINA S A(21.17%)
3.WENDELBO INTERIORS A S(10.37%)
4.BONZAI AS(9.46%)
5.SHEARWATER GEOSERVICE NORWAY AS(8.7%)
6.THE ARMENIAN APOSTOLIC CHURCH COMMUNITY(7.71%)
7.KVADRAT SINGAPORE PTE LTD(4.01%)
8.BONDEP AS(3.58%)
9.VARNER AS NO NORWAY(2.66%)
10.SYSTUE TRAN QUOC TUAN TRAN(1.99%)

Conclusion
Whether you are an experienced exporter or just entering global trade, analyzing Norway's export data can reveal valuable insights and opportunities. By studying export statistics and identifying reliable suppliers, companies can better understand market demand and build effective international trade strategies.
To explore detailed Norwegian trade statistics and export data, businesses can request a free online demonstration from Tendata.
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