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92652
High fish exports
statistikk
2013-12-16T10:00:00.000Z
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, November 2013

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High fish exports

The trade surplus in November came to NOK 33.9 billion. This was NOK 1.5 billion more than November last year and NOK 7 billion higher than last month. Export of fish amounted to NOK 6.4 billion - nearly NOK 1 billion more than in November 2012.

External trade in goods1Published 16 December 2013
NOK MillionChange in per centNOK Million - so far this yearChange in per cent - so far this year
November 2013October 2013 - November 2013November 2012 - November 2013November 2013November 2012 - November 2013
1The figures are marked with the symbol *. This is Statistics Norways standard symbol for indicating preliminary figures.
2Due to the data collection method, the preliminary monthly figures published for ships and oil platforms are often incomplete. In retrospect, therefore, the trade in these goods could in some cases lead to major corrections in the figures. Please see tables 2-4 for the impact these figures have on the external trade.
Imports45 869-6.22.5482 3472.8
Ships and oil platforms288270.3-15.68 4855.9
 
Exports79 7655.33.3820 149-4.8
Crude oil22 7564.72.4252 067-11.3
Natural gas21 97411.1-1.7218 832-3.9
Natural gas condensates7642.634.07 680-24.3
Ships and oil platforms259612.0179.85 5837.8
Mainland exports33 6752.15.7335 9880.7
 
The trade balance33 89726.24.5337 803-13.8
The mainland trade balance-11 31226.64.7-137 873-8.0

Source: Statistics Norway

Both imports and exports of goods rose in November compared to the same month a year back. The value of imports of goods came to NOK 45.9 billion, which is an increase of 2.5 per cent compared to last November. Exports rose by 3.3 per cent to NOK 79.8 billion in November.

Rise in crude oil exports

Exports of crude oil came to nearly NOK 22.8 billion - an increase of 2.4 per cent. In total, 34.3 million barrels of crude oil were exported in November. This is about one million barrels less compared to the same month last year. The increase in value was primarily due to a strengthening of the USD compared to NOK.

Less exports of natural gas

Exports of natural gas amounted to almost NOK 22 billion in November. This is 1.7 per cent less than in November last year, but up by 11.1 per cent from October. The volume of exports for natural gas in a gaseous state was 8.9 billion standard cubic metres. This is about three quarters of a billion cubic metres less than November last year.

Increase in mainland exports

Mainland exports totalled approximately NOK 33.7 billion. This is an increase of 5.7 per cent or NOK 2.5 billion more than a year back.

Fish exports were particularly high, and accounted for NOK 6.4 billion; a rise of almost NOK 1 billion compared to November 2012. Fresh and chilled whole salmon accounted for most of the rise. Despite a slightly lower export volume, exports of fresh salmon came to around NOK 3 billion in November, while exports in November 2012 amounted to around NOK 2.2 billion. The increase in value was due to the high export price for whole fresh salmon; NOK 39 per kg in November compared to NOK 27 a year earlier. Fish exports accounted for most of the increase in value for the main commodity group food and live animals.

In the main commodity group machinery and transport equipment, there was a particular increase in exports for the groups machinery specialized for particular industries and general industrial machinery and equipment. Overall, exports of various industrial machines totalled NOK 3.9 billion, which is an increase of nearly NOK 1 billion compared to last November.

The largest decline in export value was within the main group crude materials (inedible), where exports fell to NOK 1.2 billion, which was about 15 per cent lower than in November last year. Metalliferous ores and metal scrap fell by NOK 245 million to NOK 406 million and accounted for most of the decline for the main group.

Increased imports

Imports of goods amounted to NOK 45.9 billion in November; an increase of 2.5 per cent and NOK 1.1 billion more than for the same month in 2012.

In the main commodity group machinery and transport equipment, imports of passenger cars increased specifically. A total of 19 000 cars worth NOK 3.3 billion were imported in November. This accounted for NOK 530 million. A total of 1 190 more cars were imported in November than the same month a year back. Within the same main group, imports of electrical machinery and apparatus came to NOK 2.8 billion; a rise of almost NOK 420. Also, in the same main group there was a larger decrease in imports, both for the commodity groups office machines/data prossessing machines and telecommunications equipment. Total import value for these commodities came to NOK 3.6 billion, which is a decrease of NOK 327 million compared to last November. There was also a fall in imports of nearly NOK 0.5 billion in the group other transport equipment. Here imports of aircraft etc. fell by NOK 410 million and accounted for most of the fall for the commodity group. However, the nature of the commodities in this group may lead the group to exhibit large fluctuations from one month to another.