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/en/utenriksokonomi/statistikker/muh/arkiv
38003
Less external trade
statistikk
2009-03-16T10:00:00.000Z
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
false

External trade in goods, February 2009

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Less external trade

In February, exports of goods came to NOK 63 billion, 18.41 per cent less than last year. Imports declined 16.41 per cent, and ended at NOK 33.4 billion. Thereby the trade surplus in February amounted to NOK 29.5 billion, or NOK 7.6 billion less than in last February.

In February, the total export value of crude oil, natural gas and condensates came to NOK 38.7 billion. Export value of natural gas alone was NOK 22.7 billion, and the value of crude oil came to NOK 15.5 billion. Exports of natural gas climbed 36.9 per cent from February 2008. The low export value level of crude oil in February, below NOK 16 billion, has not been seen since January 2004. The average crude oil price was NOK 305 per barrel in February, compared with NOK 528 last February.

The export value of natural gas in January 2009 has been adjusted upward by NOK 3.4 billion.

External trade in goods, excl. ships and oil platforms. NOK million
  January-February Change in
per cent 		February Change in
per cent 1
  2008 2009 2008 2009
1 Imports 79 080       68 431 -13,4       40 002       33 447 -16,4
2 Exports  153 418  130 396 -15.0 77 151 62 971 -18.4
Of which            
Crude oil 57 160 33 522 -41.3 28 662 15 538 -45.8
Natural gas 33 265 47 308 42.2 16 546 22 659 36.9
Condensates 2 704  611 -77.4 1 677  475 -71.7
3 Exports excl. crude oil, natural gas and condensates 60 289 48 956 -18.7 30 265 24 299 -19.7
4 Trade balance (2-1) 74 338 61 965 -16.6 37 149 29 524 -20.5
5 Trade balance excl. oil, natural gas and condensates (3-1) -18 791 -19 475 . -9 738 -9 148 .
1  The figures were corrected 16 March 2009 at 1125.

Low exports of other goods

The export value of goods excluding ships, oil platforms, crude oil, condensates and natural gas came to NOK 24.3 billion in February, compared with NOK 30.3 billion in February 2008. Exports of machinery and transport equipment showed a small increase, ending at NOK 6.1 billion. Manufactured goods on the other hand, declined NOK 2.4 billion. The export value of these goods reached NOK 5 billion in February. Non-ferrous metals in particular fell, with a drop of NOK 1.7 billion. The prices of these products have declined considerably and there has been a slight reduction in quantities. The lower export value for petroleum and petroleum products is mainly due to lower prices.

Less imports of cars

Imports of goods in February, excluding ships and oil platforms, came to NOK 33.4 billion, while February last year ended at NOK 40 billion. Imports of machinery and transport equipment came to NOK 12.3 billion; a decrease of NOK 3.3 billion from February 2008. Within this group, road vehicles declined NOK 1.7 billion, and ended at NOK 2.5 billion. We imported 8 000 passenger cars in February, half that of the corresponding month in 2008. The import value of machinery specialised for particular industries went down by NOK 451 million. The main group of manufactured goods decreased NOK 1.7 billion in February. Within this group, non-ferrous metals and manufactures of metals together dropped NOK 1.2 billion. Among crude materials, metalliferous ores and metal scrap reached NOK 1.2 billion, down 50 per cent from February 2008.

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