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38199
Still high export surplus
statistikk
2001-02-15T10:00:00.000Z
External economy
en
muh, External trade in goods, import, export, balance of trade (export minus import), mainland exports, imports excluding ships and oil platforms, trade ( between countries, continents and trade regions), international product groups (for example hs, sitc and bec), product groups (for example food, crude oil and metals)External trade , External economy
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External trade in goods, January 2001

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Still high export surplus

Traditional exports of goods amounted to 20.1 billion kroner in January - the highest value ever for one single month. The export figures were nearly the same as in November last year. Seasonally adjusted figures showed a decline of 0.8 per cent from December to January. Imports totalled 22.0 billions.

Norway exported natural gas for 5.0 billion kroner in January this year. This is the highest value ever and an increase of 72.2 per cent compared with January 2000. The rise of value was mainly due to higher prices. However, as a part of total exports gas exports were not especially high compared with previous years.

Exports of crude oil came to 100.4 million barrels in January 2001. This is an increase in volume of 7.9 per cent against the same month last year. The value amounted to 22.4 billion kroner, which is a rise of 19.0 per cent.

The trade surplus is still high and was 25.6 billion kroner.

External Trade in Goods, excl. Ships and Oil Platforms.
Million Kroner
  January Change,
per cent
     2000      2001
1 Imports 19 371 21 958 13,4
2 Exports 37 698 47 598 26,3
Whereof      
Crude oil 18 872 22 449 19,0
Natural gas 2 920 5 027 72,2
3 Exports excl. crude oil and natural gas 15 906 20 121 26,5
4 Trade balance (2-1) 18 326 25 639 39,9
5 Trade balance excl. crude oil and natural gas (3-1) -3 465 -1 837 .

Seasonal adjusted figures

Seasonally adjusted figures showed an increase of as much as 6.7 per cent for the period November 2000 to January 2001 compared with the previous period of three months. The import value in the same period declined by 2.4 per cent. From December to January exports of traditional goods decreased by 0.8 per cent, while imports fell by 3.5 per cent.

Increased exports of manufactured and chemical products

Exports of miscellaneous manufactured articles1 increased by 257.4 million kroner - 28.7 per cent. Exports of chemicals rose by 626.9 millions - 31.2 per cent.

1  Corrected 15.02.2001 at 2 p.m.

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