Content
Published:
This is an archived release.
Continued increase in trade
Exports of goods came to NOK 48.7 billion in September 2004, an increase of 28 per cent compared with September last year. Imports of goods came to NOK 28.4 billion, an increase of 14.1 per cent. The Norwegian trade surplus was NOK 20.3 billion in September.
In September, the total export value of crude oil, natural gas and condensates came to NOK 27.7 billion, an increase of NOK 8.2 billion compared with September last year. The export value of crude oil came to NOK 22.6 billion, an increase of 58.1 per cent. The crude oil price averaged NOK 294 per barrel, compared with NOK 200 per barrel in September last year.
Seasonally adjusted figures
Adjusted for seasonality, the export value of crude oil, natural gas and condensates increased by 3.7 per cent compared with the April to June period. Similar figures for traditional exports and imports show an increase of 7.7 and 4.3 per cent respectively.
External Trade in Goods, excl. Ships and Oil Platforms. NOK Million |
January-September | Change in per cent | September | Change in per cent | ||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2003 | 2004 | 2003 | 2004 | ||||||||||||||||||||||||||||||||||||
Imports | 202 538 | 235 352 | 16.2 | 24 855 | 28 371 | 14.1 | |||||||||||||||||||||||||||||||||
Exports | 345 382 | 401 525 | 16.3 | 38 036 | 48 689 | 28.0 | |||||||||||||||||||||||||||||||||
Of which | |||||||||||||||||||||||||||||||||||||||
Crude oil | 146 622 | 180 466 | 23.1 | 14 272 | 22 563 | 58.1 | |||||||||||||||||||||||||||||||||
Natural gas | 44 275 | 48 894 | 10.4 | 4 644 | 4 368 | -5.9 | |||||||||||||||||||||||||||||||||
Condensates | 7 431 | 7 565 | 1.8 | 582 | 791 | 35.8 | |||||||||||||||||||||||||||||||||
Exports excl. crude oil, natural gas and condensates | 147 053 | 164 600 | 11.9 | 18 538 | 20 967 | 13.1 | |||||||||||||||||||||||||||||||||
Trade balance (2-1) | 142 844 | 166 173 | 16.3 | 13 181 | 20 319 | 54.1 | |||||||||||||||||||||||||||||||||
Trade balance excl. oil, natural gas and condensates (3-1) | -55 485 | -70 752 | . | -6 317 | -7 403 | . | |||||||||||||||||||||||||||||||||
Increase in exports of fish, petroleum products, propane and butanes
The export value of traditional goods was NOK 21 billion in September, compared with NOK 18.5 billion in September last year. This is an increase of NOK 2.5 billion. This development was mainly due to an increase in the export value of fish and petroleum products, which both increased by NOK 455 million, and liquefied propane and butanes and non-ferrous metals, which both increased by NOK 320 million.
Increase in imports of cars, iron and steel
In September, imports of traditional goods amounted to NOK 28.4 billion compared with NOK 24.9 billion in September 2003, an increase of NOK 3.5 billion, or 14.5 per cent. This development was mainly due to an increase in the import value of cars of NOK 575 million. The import value of iron and steel increased by NOK 510 million.
Tables:
- Table 1 Imports of traditional commodities. September and January to September. 2003 and 2004. Preliminary figures. NOK million
- Table 2 Exports of commodities, ships and oil platforms excluded. September and January-September. 2003 and 2004. Preliminary figures. NOK million
- Table 3 Trade with countries and regional groups of countries. Traditional commodities. January-September. 2003 and 2004. Preliminary figures. NOK million
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