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37974
Exports up in April
statistikk
2010-05-18T10:00:00.000Z
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, April 2010

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Exports up in April

Exports of goods reached NOK 63.6 billion in April, while imports came to NOK 36.5 billion. This gave a trade surplus in April of NOK 27.1 billion, up NOK 3.7 billion from April 2009.

In April the trade balance increased 15.9 per cent compared with the corresponding month in 2009. In the same period the export value increased by 11.1 per cent, and imports went up 7.7 per cent. Increased crude oil exports contributed to the high April figures, but the mainland export also went up in this period.

High crude oil price in April

The export value of crude oil in April ended at NOK 25.8 billion, up NOK 1.6 billion from March this year. The number of exported barrels was level with March, however, the crude oil prices increased from NOK 473 in March to NOK 506 this April. Compared to April 2009, the price climbed NOK 173 per barrel from NOK 333. Not since September 2008 have we seen such high crude oil prices - above NOK 500.

Less natural gas export

The export value of natural gas in gaseous state came to NOK 12.3 billion in April, a 15 per cent decline compared to April 2009. The reduction is due to both less exported volume and lower prices.

External trade in goods, excl. ships and oil platforms. NOK million
  January-April Change in per cent April Change in per cent
  2009 2010 2009 2010
1 Imports  139 113       140 191 0.8       33 904       36 509 7.7
2 Exports  261 097  262 061 0.4 57 296 63 631 11.1
Of which            
Crude oil 70 699 96 048 35.9 18 460 25 828 39.9
Natural gas 90 349 57 192 -36.7 15 153 12 435 -17.9
Condensates 1 544 1 765 14.3  233  472  102.4
3 Exports excl. crude oil, natural gas and condensates 98 505  107 056 8.7 23 449 24 896 6.2
4 Trade balance (2-1)  121 985  121 870 -0.1 23 392 27 122 15.9
5 Trade balance excl. oil, natural gas and condensates (3-1) -40 608 -33 135 . -10 455 -11 613 .

Increase in exports of chemicals and fish

In April, the export value, excluding ships, oil platforms, crude oil, condensates and natural gas, ended at NOK 24.9 billion. This is an increase of 6 per cent, or NOK 1.4 billion, compared to April 2009.

Exports of chemicals and related products came to NOK 3.7 billion, up NOK 869 million or 31 per cent from April last year. Both other chemical products as well as organic chemicals increased.

Also, exports of fish went up NOK 368 million to NOK 3.5 billion in April. France was the largest recipient country of fish in April, with a total NOK 407 million.

The export value of manufactured goods went up in April. Within this group, metals pulled the value up with a total growth of NOK 1.3 billion.

On the other hand, exports of machinery and transport equipment declined. The export value was reduced by NOK 1.1 billion ending at NOK 4.7 billion. Several subgroups contributed to the decline within this main group.

Increased imports of metalliferous ores and cars

Imports of goods in April, excluding ships and oil platforms, ended at NOK 36.5 billion. The corresponding figures in April 2009 came to NOK 33.9 billion.

In April we imported metalliferous ores and scrap metal of NOK 2.9 billion, twice as much as in April 2009.

Imports of machinery and transport equipment came to NOK 13.3 billion, down NOK 154 million compared to the corresponding month in 2009. Within this group, imports of general industrial machinery reduced, but road vehicles increased. Car imports went up NOK 903 million and reached NOK 2.1 billion in total. German and Japanese cars made up half of the imports in April, from a total of 14 800 cars.

The main group of manufactured goods ended at NOK 5.7 billion this April, about the same as in 2009. Here imports of non-ferrous metals increased, while iron and steel declined.

Changes in the external trade statistics for the years 2008 and 2009

As from 10 am on 18 May 2010, Statistics Norway's website ssb.no will be updated with final figures for 2009 and corrected final figures for 2008. There are changes both at http://www.ssb.no/muh_en/mu2008/ , http://www.ssb.no/muh_en/mu2009/ and in the StatBank.

Note that figures for 2009 i all tables in Statbank except 03002 were updated 10.42 a.m. Table 03002 was updated 10.00 am.

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