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16152
Transport dominates trade in services
statistikk
2008-09-16T10:00:00.000Z
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, 2006

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

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Transport dominates trade in services

Enterprises engaged in transport, storage and communication accounted for more than 50 per cent of both exports and imports of services to and from Norway in 2006. European countries were the most important trading partners.

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 2006 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).

External trade in services, by CPA-codes, aggregated. 2006. NOK million
Service types Export Import
NOK million Share NOK million Share
Total       155 036       100.0       127 689       100.0
Contract work and repairs 7 192 4.6 8 912 7.0
Services related to oil and gas exploration excluding surveying 11 778 7.6 18 645 14.6
Building and construction projects 1 774 1.1 2 670 2.1
Wholesale trade and intermediate trade 3 457 2.2 5 280 4.1
Transport by rail and other land transport 1 902 1.2 1 982 1.6
Sea and coastal water transport 82 230 53.0 15 436 12.1
Air transport  904 0.6 1 216 1.0
Supporting and auxiliary transport activities, travel agency activities 4 960 3.2 28 784 22.5
Post and telecommunication 4 117 2.7 4 865 3.8
Renting of transpotation, machinery and equippment 5 141 3.3 3 432 2.7
IT services 3 819 2.5 4 048 3.2
Research and development (R & D) 1 571 1.0 1 423 1.1
Business services 21 629 14.0 23 540 18.4
Leisure activities, cultural services and sports  872 0.6 2 390 1.9
Other services 3 691 2.4 5 067 4.0
Source:  Statistics Norway.

Maritime transport services account for 53 per cent of the total export of services, and business services for 14 per cent. Services related to oil and gas exploration, excluding surveying, represent 8 per cent of the total exports.

A total of 22 per cent of the import of services relates to supporting and auxiliary transport activities, including travel agency activities. Together with sea and coastal water transport, this item constitutes the total maritime transport, which takes 34 per cent of the total import. Imports of business services account for 18 per cent, and 15 per cent for services related to oil and gas exploration.

External trade in services, divided by country

External trade in services, by major industry activities, aggregated. 2006. NOK million
Major industry activities Export Import
NOK million Share         NOK million Share
Total       155 036       100.0       127 689       100.0
Mining and quarrying 14 056 9.1 21 870 17.1
Manufacturing 14 217 9.2 11 950 9.4
Electricity, gas and water supply  126 0.1 1 007 0.8
Construction 1 119 0.7 1 289 1.0
Wholesale and retail trade 4 671 3.0 10 149 7.9
Transport, storage and communication 98 821 63.7 65 829 51.6
Business activities 21 086 13.6 13 572 10.6
Other industry activities  940 0.6 2 022 1.6
Source:  Statistics Norway.

The transport, storage and communications sectors account for more than 50 per cent of both imports and exports of services. About 17 per cent of all imports of services from abroad is done by the mining and quarrying industries. Enterprises within business activities make up the second largest sector with regard to exports of services and the third largest sector with regard to imports of services.

European countries are the most important partners for Norwegian external trade in services, with 651 per cent of exports and 72 per cent of imports. About 451 per cent of Norwegian exports and almost half1 of all imports of services go to EU countries outside the Nordic countries. Asia is the destination for about 121 per cent of Norwegian exports of services. About 12 per cent of Norwegian import and export goes to Central and North America.

1  Corrected 22. February 2010