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Norway: Merchandise imports (current US$)

In , Norway's Merchandise imports (current US$) was $99.79 billion.

That's up 1.6% from 2023, the highest value since .

The global average for this indicator in 2024 was $119.47 billion . Norway ranks #40 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #21 of 51.

Source: World Bank Open Data (TM.VAL.MRCH.CD.WT) • Data as of 2024

Trend (2005–2024)

Norway Merchandise imports (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$105.73B
Trough
$55.49B
1-year change
+1.6%
5-year change
+17.0%
+3.2% / yr
10-year change
+11.5%
+1.1% / yr

Historical Data — Last 10 Years

Year Merchandise imports (current US$)
99.786B
98.170B
105.733B
97.764B
80.447B
85.319B
86.600B
81.249B
72.110B
76.424B

About Merchandise imports (current US$)

Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: TM.VAL.MRCH.CD.WTCategory: Trade & Finance

Frequently asked questions

What was Norway's Merchandise imports (current US$) in 2024?
In 2024, Norway's Merchandise imports (current US$) was $99.79 billion, according to World Bank Open Data.
Is Norway's Merchandise imports (current US$) rising or falling?
Norway's Merchandise imports (current US$) rose 1.6% from 2023 to 2024.
How does Norway rank globally on Merchandise imports (current US$)?
In 2024, Norway ranked #40 out of 204 countries reporting Merchandise imports (current US$).
How does Norway's Merchandise imports (current US$) compare to the world average?
The global average for Merchandise imports (current US$) in 2024 was $119.47 billion, so Norway is below the world average. Within Europe & Central Asia, it ranks #21 of 51.
What is Merchandise imports (current US$) and how is it measured?
Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.CD.WT), CC BY 4.0.