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/en/utenriksokonomi/statistikker/muh/arkiv
38011
Small changes in imports
statistikk
2008-11-17T10:00:00.000Z
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
false

External trade in goods, October 2008

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Small changes in imports

Exports of goods reached NOK 76.9 billion in October, while imports came to NOK 44.7 billion. Export value has increased while imports have decreased slightly compared to the same month last year. The trade surplus in goods was therefore NOK 32.2 billion.

In October, imports of goods excluding ships and oil platforms came to NOK 44.7 billion, compared with NOK 48.1 billion in October 2007. This corresponds to a drop of NOK 3.4 billion, or 7.1 per cent. The figures are affected by the frigate imported by the Norwegian Defence Forces last year and do not reflect a general fall in imports. Other than this there were no major changes in imports among the different commodity groups. Manufactured goods decreased by NOK 792 million and manufactured articles increased by NOK 524 billion.

In October, the total export value of crude oil, natural gas and condensates ended at NOK 44.1 billion. Exported value of crude oil and natural gas came to NOK 26.0 and 17.8 billion respectively. The average crude oil price went up by 4.7 per cent from October last year to October this year and ended at NOK 483 per barrel, which is the lowest price so far this year. Compared with September figures, the average crude oil price fell NOK 87 per barrel.

External trade in goods, excl. ships and oil platforms. NOK million
  January-October Change
in per cent 		October Change
in per cent
  2007 2008 2007 2008
1 Imports  383 269       406 474 6.1       48 133       44 705 -7.1
2 Exports  638 299  783 007 22.7 71 614 76 898 7.4
Of which            
Crude oil  251 102  318 448 26.8 27 518 25 973 -5.6
Natural gas  105 635  151 498 43.4 13 470 17 814 32.2
Condensates 5 860 8 812 50.4  324  322 -0.6
3 Exports excl. crude oil, natural gas and condensates  275 701  304 250 10.4 30 302 32 788 8.2
4 Trade balance (2-1)  255 029  376 534 47.6 23 481 32 193 37.1
5 Trade balance excl. oil, natural gas and condensates (3-1) -107 568 -102 224 . -17 831 -11 916 .

The export value of goods excluding ships, oil platforms, crude oil, condensates and natural gas reached NOK 32.8 billion in October, compared with NOK 30.3 billion in October last year. This is an advance of NOK 2.5 billion or 8.2 per cent. The export value of fish was NOK 4.8 billion, a rise of almost NOK 1 billion from October last year. Within the commodity group, manufactured articles iron and steel increased by NOK 432 million while non-ferrous metals decreased by more than NOK 1.1 billion. Nickel dropped by NOK 558 million, mainly due to a lower price. Furthermore, aluminium dropped due to a lower quantity, by NOK 190 million. With regard to machinery and transport equipment, industrial machinery dropped by NOK 685 million and electrical machinery by NOK 551 million.

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