Content
Published:
This is an archived release.
Trade surplus down
Due to low export value of crude oil the trade surplus in September came to NOK 17 billion. This is the lowest surplus since the beginning of 2000.
In September the export value of crude oil was NOK 16.5 billion. The export of crude oil amounted to 74 billion barrels to an average price of NOK 222 a barrel. The combination of low quantity and low price resulted in a low export value.
Exports of traditional goods amounted to NOK 16.8 billion in September, somewhat higher than in August, but 12 per cent less than in September of last year. Imports of traditional goods were NOK 21.9 billion in September - the lowest value so far this year - excluding the vacation month of July. The import figures for September were 11.8 per cent lower than the ones for September of last year.
The trade surplus in September was 17 billion. The surplus for the previous months this year varied from 17.7 billion in March to 24.9 in January.
External trade in goods, excl. ships and oil platforms. Million NOK |
January-September | Change, per cent | September | Change, per cent | ||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2000 | 2001 | 2000 | 2001 | ||||||||||||||||||||||||||||||||||||
Imports | 202 987 | 211 484 | 4,2 | 24 767 | 21 856 | -11,8 | |||||||||||||||||||||||||||||||||
Exports | 371 784 | 388 325 | 4,4 | 45 047 | 38 903 | -13,6 | |||||||||||||||||||||||||||||||||
Of which | |||||||||||||||||||||||||||||||||||||||
Crude oil | 185 172 | 182 037 | -1,7 | 22 427 | 16 513 | -26,4 | |||||||||||||||||||||||||||||||||
Natural gas | 30 649 | 40 683 | 32,7 | 3 561 | 5 391 | 51,4 | |||||||||||||||||||||||||||||||||
Condensates | . | 4 863 | . | . | 222 | . | |||||||||||||||||||||||||||||||||
Exports excl. crude oil, natural gas and condensates | 155 962 | 160 742 | 3,1 | 19 059 | 16 777 | -12,0 | |||||||||||||||||||||||||||||||||
Trade balance (2-1) | 168 797 | 176 842 | 4,8 | 20 280 | 17 047 | -15,9 | |||||||||||||||||||||||||||||||||
Trade balance excl. oil, natural gas and condensates (3-1) | -47 024 | -50 742 | . | -5 708 | -5 079 | . | |||||||||||||||||||||||||||||||||
January-September
Imports of traditional goods came to NOK 211 billion the first three quarters this year - whereas exports amounted to NOK 161 billion. In the same period the export value of crude oil, natural gas and condensates came to 228 billion. This resulted in a trade surplus of NOK 177 billion, an increase of 4.8 per cent compared with the corresponding figure from last year.
Tables:
- Table 1 Imports of traditional commodities in September and January-September. 2000 and 2001. Preliminary figures. Million NOK
- Table 2 Exports of commodities, ships and oil platforms excluded, in September and January-September 2000 and 2001. Preliminary figures. Million kroner
- Table 3 Trade with countries and regional groups of countries. Traditional commodities. January-September. 2000 and 2001. Preliminary figures. Million NOK
Contact
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Information services external trade
E-mail: utenrikshandel@ssb.no
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Nina Rolsdorph
E-mail: nina.rolsdorph@ssb.no
tel.: (+47) 41 51 63 78
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Jan Olav Rørhus
E-mail: jan.rorhus@ssb.no
tel.: (+47) 40 33 92 37