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38171
Lower Trade Surplus
statistikk
2002-03-15T10:00:00.000Z
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, February 2002

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Lower Trade Surplus

Norwegian exports of goods in February came to NOK 37.4 billion and imports to 22.1 billion. Exports decreased by 10.0 per cent and imports by 2.9 per cent compared with February of last year. The trade surplus for the month amounted to NOK 15.3 billion.

Exports of crude petroleum-crude oil natural gas and condensates-came to NOK 21.1 billion, a decrease of 10.2 per cent compared with February last year. For the first time since 1988 natural gas now accounts for more than one third of the value of the crude petroleum exports.

External trade in goods, excl. ships and oil platforms. Million NOK
  January-February Change, per cent Februar Change, per cent
  2001 2002 2001 2002
Imports 45 389 44 856 -1,2     22 735     22 071 -2,9
Exports 89 105 75 950 -14,8 41 561 37 411 -10,0
Of which:            
Crude oil 41 671 27 922 -33,0 19 222 14 415 -25,0
Natural gas 8 658 14 317 65,4 3 631 6 360 75,2
Condensates 1 699 465 -72,6 638 300 -53,1
Exports excl. crude oil, natural gas and condensates 37 076 33 245 -10,3 18 070 16 336 -9,6
Trade balance (2-1) 43 716 31 094 -28,9 18 826 15 341 -18,5
Trade balance excl. oil, natural gas and condensates (3-1) -8 312 -11 611 . -4 664 -5 734 .

Exports of traditional goods amounted to NOK 16.3 billion in February, 1.7 billion or 9.6 per cent less than in February last year. Adjusted for seasonality, the export value for traditional goods increased by 2.1 per cent and the import value by 0.1 per cent from January to February. For the three-month period from December to February exports declined by 2.6 per cent and imports by 2.4 per cent compared with the previous three-month period.

Exports of traditional goods. Trade area. January-February 2001 and 2002

Adjusted for seasonality, the export value for metals decreased by 4.8 per cent from January to February, whilst metals except iron and steel decreased by 2.9 per cent.

The accumulated exports of fish for January and February amounted to NOK 4.7 billion, a decrease of 9.8 per cent compared with the same period last year.

The figures are exclusive of ships and mobile oil platforms, the same as for traditional goods on the import side. For exports, traditional goods are also exclusive of crude oil, natural gas and condensates.

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