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38187
Increase in export value of natural gas
statistikk
2001-08-15T10:00:00.000Z
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
false

External trade in goods, July 2001

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Increase in export value of natural gas

Norway exported for NOK 43.6 billion in July this year, while imports came to NOK 21.2 billion. This brought the trade surplus to NOK 22.3 billion for this month.

Trade balances. Month, 1999-2001. Billion NOK

Exports of crude oil. Month, 1999-2001. Prices, NOK per barrel

Exports of natural gas. Month, 1992-2001. Million NOK and 1000 m³

Exports of crude oil, condensates and natural gas came to NOK 28.3 billion, while exports of traditional goods to NOK 15 billion. The trade surplus per month has increased from 2 billion in early 1999 up to around 20 billion last year. For the seven months this year the surplus level has continued. There is a connection between the trade surplus and crude oil prices. The monthly average price in the beginning of 1999 was almost 80 NOK per barrel, increasing to 305 NOK per barrel in November 2000. A slight decline has brought the price the down to 225 NOK per barrel in July 2001.

The value of exports of natural gas increased significantly in July, 62 per cent up from July 2000. However, this has been a trend during the last five years, caused by a steady increase in exported quantities. In July a clear jump in gas prices contributed to higher values.

Imports of electric current. Month. 1992-2001. 1 000 MWH

Imports of electric current. Month. 1992-2001. Prices, NOK per MWH

Exports of liquid propan and butan. Month. 1999-2001. Prices, NOK per kg

Seasonally adjusted figures for exports of traditional goods (ships, crude oil, natural gas and condensates excluded) increased 1.0 per cent for the period Mai to July 2001, when comparing with the previous three months. For imports seasonal adjustments show a decline of 0.7 per cent, when comparing the same periods.

External trade in goods, excl. ships and oil platforms. Million NOK
  January-July Change,
per cent 		July Change,
per cent
       2000      2001      2000      2001
Imports 154 373 165 421 7,2 20 900 21 207 1,5
Exports 280 364 307 237 9,6 40 669 43 553 7,1
Of which:            
Crude oil 137 244 145 642 6,1 22 342 22 561 1,0
Natural gas 23 876 29 933 25,4 3 573 5 787 62,0
Condensates . 4 130 . . 237 .
Exports excl. crude oil, natural gas and condensates 119 244 127 532 7,0 14 755 14 969 1,5
Trade balance (2-1) 125 991 141 816 12,6 19 770 22 346 13,0
Trade balance excl. oil, natural gas and condensates (3-1) -35 129 -37 890 . -6 145 -6 239 .

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