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54715
Trade in services dominated by transport sector
statistikk
2011-04-05T10:00:00.000Z
External economy
en
uhtjenester, External trade in services, import, export, non-financial enterprises, service types (for example sea transport, petroleum services, research and development), trade, industry groups (for example transport, business services, mining and quarrying)External trade , External economy
false

External trade in services, 2009

Variants of the statistics:

From the first quarter of 2011, statistics on external trade in services is published quarterly.

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Trade in services dominated by transport sector

Enterprises within the transport, storage and communications sectors accounted for more than half of all exports of services from Norway, and more than 40 per cent of all imports of services in 2009. These were still the largest sectors, despite being hit by the financial crisis. EU countries outside the Nordic countries were still the largest trading partners of external trade in services for Norway.

Maritime transportation amounted to the largest portion of services that Norway exported abroad, with 44 per cent of total services (48 per cent in 2008). The reason for this decline was the impact of the financial crisis, which negatively affected the demand of transport services. Further, business services accounted for 16 per cent in exports in services (17 per cent in 2008), while services related to oil and gas exploration (excluding surveying) were equal to 11 per cent (10 per cent in 2008).

Concerning imports, services related to transportation and travel services, together with maritime transportation, constituted the largest service types with 29 per cent of total services (33 per cent in 2008). Services related to oil and gas exploration, excluding surveying, accounted for 23 per cent; an increase of almost seven per cent. Seventeen per cent of imports were related to business services.

External trade in services, by service type. 2009.NOK million
Service types Export Import
NOK million Share NOK million Share
Total  177 851       100.0       147 909       100.0
Contract work and repairs 11 959 6.7 10 694 7.2
Services related to oil and gas exploration excluding surveying 20 139 11.3 33 968 23.0
Building and construction projects 2 484 1.4 4 904 3.3
Wholesale trade and intermediate trade 3 764 2.1 2 575 1.7
Transport by rail and other land transport 3 289 1.8 3 899 2.6
Sea and coastal water transport 78 074 43.9 17 408 11.8
Air transport 2 230 1.3  975 0.7
Supporting and auxiliary transport activities, travel agency activities 6 808 3.8 24 927 16.9
Post and telecommunication 5 949 3.3 5 396 3.6
Renting of transportation, machinery and equipment 3 282 1.8 2 445 1.7
IT services 5 463 3.1 5 260 3.6
Research and development (R & D) 1 478 0.8 1 548 1.0
Business services 28 649 16.1 24 638 16.7
Leisure activities, cultural services and sports  733 0.4 2 761 1.9
Other services 3 550 2.0 6 510 4.4
Source:  Statistics Norway.

Most trade in services from transport sector

The transport, storage and communications sector accounted for around 55 per cent of all exports, and close to 42 per cent of all imports in services. This was a decline from 2008 of six and seven points, respectively. Enterprises within the mining and quarrying industries carried out about 28 per cent of Norway’s imports of services; an increase from 22 per cent in 2008, with exports around nine per cent. Enterprises within business activities made up the second largest sector with regards to exports, with 22 per cent, and 13 per cent of total imports.

External trade in services, by major industry activity. 2009. NOK million
Major industry activities Export Import
NOK million Share NOK million Share
Total  177 851       100.0       147 909       100.0
Mining and quarrying 16 098 9.1 40 811 27.6
Manufacturing 18 198 10.2 16 367 11.1
Wholesale and retail trade 3 953 2.2 5 363 3.6
Transport, storage and communication 98 024 55.1 61 984 41.9
Business activities 38 774 21.8 19 038 12.9
Other industry activities 2 805 1.7 4 345 2.8
Source:  Statistics Norway.

External trade in services for year 2009, by continent. Per cent

EU and Nordic countries most important

EU countries outside the Nordic region were the most important partners for Norwegian external trade in services, with 44 per cent of all imports (43 per cent in 2008) and 38 per cent of exports (41 per cent in 2008). The decrease in exports to EU countries was mainly linked to the decline in maritime services. Our Nordic neighbours accounted for 22 per cent of our import of services and 15 per cent of our exports. Norway was exporting nearly twice as much of services to Asia than we were importing; 17 and 9 per cent respectively. Central and North American countries accounted for approximately 11 per cent of exports from Norway and 12 per cent of our imports.

The statistics on external trade in services for non-financial enterprises are part of the statistical basis for Norway’s balance of payments. These statistics do not include trade in services for financial enterprises, households, non-profit organisations and public administration. The figures presented here are therefore not comparable with the figures presented in Balance of Payments - Current and Capital Account (cf. About the statistics ).

These statistics were established in 2005 when Norges Bank discontinued their foreign payment statistics, which were an important basis for the balance of payments. This article presents the 2009 figures for external trade in services for main types of services for non-financial enterprises, including enterprises operating in ocean transport. Figures on external trade in services regarding geographical specification are also included.

The purpose of the statistics on external trade in services is to provide information about the service flows between Norway and other countries. Income and expenditure in connection with exports and imports of services to and from other countries are important economic indicators both in describing structural changes and in monitoring economic trends (cf. About the statistics on limitations and other conditions).