Norway
Total Trade Compared to the same month a year ago
Compared to last month
Total Exports Compared to the same month a year ago
Compared to last month
Total Imports Compared to the same month a year ago
Compared to last month
RankAmong U.S. trading partners this month
Rank 2022 this month
Norway’s total trade with the United States was $1.16 billion in January, a change of 59.87 percent from the same month one year ago. The change in exports was 143.69 percent and the change in imports was 13.72 percent. Norway ranked No. 44 among U.S. trade partners in January. It had ranked No. 53 for the same month last year.
The top three U.S. exports by value in January were Oil, (2) Civilian aircraft, parts, and (3) Gasoline, other fuels. The top three U.S. imports from Norway, also by value, were Gasoline, other fuels, (2) Fish fillets, chilled or frozen, and (3) Returned exports, without change. By tonnage, the top three U.S. exports were (1) Oil, (2) Acyclic hydrocarbons, and (3) Gasoline, other fuels. The top three U.S. imports, also by tonnage, were (1) Gasoline, other fuels, (2) Oil, and (3) Nitrogenous fertilizers.
Top Trading Ports
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Corpus Christi, Texas | $168.6 million |
| 2 | Port of Newark | $116.3 million |
| 3 | Port of Baltimore, Md. | $69 million |
| 4 | Port of New Orleans | $65.5 million |
| 5 | Seattle-Tacoma International Airport | $64 million |
| 6 | Port of Port Arthur, Texas | $47.5 million |
| 7 | Port of Houston | $46.2 million |
| 8 | Cleveland’s Hopkins International Airport, Ohio | $43.5 million |
| 9 | Port of Port Canaveral, Fla. | $37 million |
| 10 | John F. Kennedy International Airport | $36.8 million |
Overall Rank
Top Exports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Oil | $168.6 million |
| 2 | Civilian aircraft, parts | $97.1 million |
| 3 | Gasoline, other fuels | $60.1 million |
| 4 | Acyclic hydrocarbons | $39.6 million |
| 5 | Low-value shipments | $32.3 million |
| 6 | Soybeans | $28.5 million |
| 7 | Ammonia | $22.8 million |
| 8 | Petroleum products | $16.6 million |
| 9 | Misc. aircraft parts | $11.4 million |
| 10 | Survey equipment | $9.3 million |
Top Imports
| Rank | Commodity | YTD |
|---|---|---|
| 1 | Gasoline, other fuels | $95.8 million |
| 2 | Fish fillets, chilled or frozen | $92.5 million |
| 3 | Returned exports, without change | $32.9 million |
| 4 | Fish, fresh or chilled | $31.6 million |
| 5 | Oil | $30.8 million |
| 6 | Sutures, dental cements, etc. | $23.6 million |
| 7 | Nickel | $18.9 million |
| 8 | Power supplies, transformers | $10.9 million |
| 9 | Hydrogen, raw gases | $10 million |
| 10 | Misc. aircraft parts | $9.3 million |
U.S. trade with Norway rose 59.87 percent through January
Norway’s trade with the United States increased to $1.16 billion through the first month of 2023, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 59.87 percent above its total trade during the same month a year ago. U.S. exports to Norway increased 143.69 percent while U.S. imports from Norway rose 13.72 percent. The U.S. surplus with Norway was $95.92 million.
Through January, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Corpus Christi, Texas; No. 2 Port of Newark; No. 3 Port of Baltimore, Md.; No. 4 Port of New Orleans; and No. 5 Seattle-Tacoma International Airport. During the same period the previous year, the top five were No. 1 Port of Newark; No. 2 Port of Houston; No. 3 John F. Kennedy International Airport; No. 4 Port of Baltimore, Md. and No. 5 Cleveland’s Hopkins International Airport, Ohio. In the current time period, the top five accounted for 41.64 percent of Norway’s U.S. trade.
Among those top five:
- Trade with No. 1 Port of Corpus Christi, Texas rose 1794.41 percent to $168.56 million.
Exports rose 1794.35 percent to $168.56 million. Imports totaled $4,999. - Trade with No. 2 Port of Newark rose 27.86 percent to $116.31 million.
Exports fell 27.02 percent to $9.64 million. Imports rose 37.18 percent to $106.67 million. - Trade with No. 3 Port of Baltimore, Md. rose 88.8 percent to $69.05 million.
Exports rose 9610.3 percent to $28.84 million. Imports rose 10.84 percent to $40.21 million. - Trade with No. 4 Port of New Orleans rose 99.15 percent to $65.52 million.
Exports rose 338 percent to $55.36 million. Imports fell 49.85 percent to $10.16 million. - Trade with No. 5 Seattle-Tacoma International Airport rose 944.36 percent to $63.98 million.
Exports rose 7712.69 percent to $57.67 million. Imports rose 17.02 percent to $6.3 million.
Norway ranked No. 44 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 53.
Meanwhile, total U.S. trade with the world increased to $419.84 billion, up 6.16 percent compared to the same period last year. The nation’s exports climbed 12.31 percent to $165.49 billion; imports climbed 2.51 percent to $254.35 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $88.86 billion, down compared to the same period of last year when the deficit was $100.78 billion.
The top five U.S. exports to Norway by value through January were the categories of Oil; Civilian aircraft, parts; Gasoline, other fuels; Acyclic hydrocarbons; and Low-value shipments, respectively. They accounted for 63.3 percent of total exports to Norway.
The value of the top five categories of U.S. imports from Norway –– Gasoline, other fuels; Fish fillets, chilled or frozen; Returned exports, without change; Fish, fresh or chilled; and Oil –– accounted for 53.26 percent of all inbound shipments.
Looking more closely at U.S. exports to Norway:
- Oil rose 1794.35 percent compared to last year to $168.56 million.
- Civilian aircraft, parts rose 1478.25 percent compared to last year to $97.15 million.
- Gasoline, other fuels rose 130.01 percent compared to last year to $60.14 million.
- Acyclic hydrocarbons rose 115.83 percent compared to last year to $39.64 million.
- Low-value shipments rose 129.51 percent compared to last year to $32.28 million.
Looking more closely at U.S. imports from Norway:
- Gasoline, other fuels rose 189.7 percent compared to last year to $95.75 million.
- Fish fillets, chilled or frozen rose 38.59 percent compared to last year to $92.53 million.
- Returned exports, without change rose 8.19 percent compared to last year to $32.89 million.
- Fish, fresh or chilled rose 33.86 percent compared to last year to $31.6 million.
- Oil rose 15.14 percent compared to last year to $30.8 million.
In the latest annual figures available, Norway recorded $11.38 billion in trade with the United States. Total U.S. exports to Norway were $ 4.71 billion and imports from Norway were $6.67 billion. The U.S. deficit with Norway was $1.95 billion.