Norway - Exports of Goods

For Norway, the external trade statistics (a.k.a. merchandise trade, foreign trade, trade in goods) provide information about the commodity flows (shipments, hydrocarbon exports) between Norway and other countries.

• Classification: SITC
• Measurements:
  • Millions of Norwegian kroner (Mil. NOK)
  • Thousands thereof (Ths. NOK)
• Adjustments:
  • Seasonally adjusted (SA)
  • Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start date: As early as 1973m1

The Norwegian statistical territory comprises the Norwegian customs territory, the Norwegian part of the continental shelf, Svalbard, Bjørnøya and Jan Mayen.

The statistics cover customs declared shipments, exports of crude oil and natural gas from the Norwegian Continental Shelf and imports of ships and oil platforms.

Preliminary figures for the previous month are released on the 15th of each month.

Commodities are classified by the international HS (Harmonized System), UN SITC Rev.4 (level of processing), and UN BEC (Broad Economic Categories).

The assigned statistical value is the value when crossing the Norwegian border, before duties, value added and other taxes. Customs, VAT and other costs are not included in the statistical value. For crude oil that is exported by ship directly from installations on the Norwegian continental shelf, the value when leaving the installations is used. For crude oil and natural gas transported by pipeline from the Norwegian continental shelf, the value when leaving the Norwegian continental shelf. The value of transport in international waterand to a terminal abroad is included in the exports of services. Finally, the statistical value for exports and imports is the transfer sum including takeover of debt, excluding the value of a possibly enclosed charter party.

Definitions

Previously Comecon

Aggregate of countries that were members of "Comecon," a Soviet-led trade bloc (1949 to 1991) comprising Bulgaria, Cuba, Czechoslovakia, East Germany, Hungary, Mongolia, Poland, Romania, Vietnam and members of the former USSR. Reported 2007m1 to 2011m12.

Each month's release is typically revised for the current calendar year; the month-to-month change is usually less than 1%. Final figures for the preceeding year are released in April or May. Occasionally up to 36 prior months may be revised.

Seasonally adjusted figures may be revised for the entire length of the series.

Fluctuations are inherent to trade data. For smaller trade partners in particular, it's not unusual for most months to have values of 0 or "ND" (no data).

Further reading

At the source:

• http://www.ssb.no/en/muh/

At IMF DSBB (SDDS):

• Merchandise trade (Jan 2023)

• Sep 2005 - Initial version.
• Sep 2011 - Addendum of 70 countries.
• Jul 2012 - Terminated select items.
• Mar 2013 - Terminated "Previously Comecon."
• 13 Nov 2023, Phillip Thorne - Properties.