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16154
Transport dominates trade in services
statistikk
2010-08-06T10:00:00.000Z
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, 2008

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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 communications accounted for more than 50 per cent of exports from Norway and about 40 per cent of imported services to Norway in 2008. Both exports and imports of services are dominated by EU countries outside the Nordic countries by about 40 per cent.

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 2007 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 for year 2008, by continent. Per cent

Maritime transport services account for 48 per cent (52 per cent in 2007) of the total of exported services, business services for about 17 per cent (15 per cent in 2007) and petroleum services for 10 per cent (8 per cent in 2007). A total of 20 per cent of the imported services relates to business services (19 per cent in 2007). Supporting and auxiliary transport activities, including travel agency activities, account for about 20 per cent (19 per cent in 2007). Together with sea and coastal water transport this item constitutes the total marine transport, which makes up 33 per cent of the total import of services to Norway. Sixteen per cent of the imports are made up of services related to oil and gas exploration.

External trade in services, by service type. 2008. NOK million
Service type Export Import
NOK million Share NOK million Share
Total  184 386       100.0       161 220       100.0
Contract work and repairs 9 455 5.1 12 144 7.5
Services related to oil and gas exploration excluding surveying 17 572 9.5 25 516 15.8
Building and construction projects 2 010 1.1 4 655 2.9
Wholesale trade and intermediate trade 3 675 2.0 4 527 2.8
Transport by rail and other land transport 4 013 2.2 4 844 3.0
Sea and coastal water transport 89 156 48.4 21 976 13.6
Air transport 2 323 1.3 1 992 1.2
Supporting and auxiliary transport activities, travel agency activities 7 134 3.9 31 080 19.3
Post and telecommunication 4 673 2.5 6 280 3.9
Renting of transportation, machinery and equipment 3 921 2.1 1 944 1.2
IT services 4 952 2.7 5 691 3.5
Research and development (R & D) 1 372 0.7 1 463 0.9
Business services 30 462 16.5 31 629 19.6
Leisure activities, cultural services and sports  935 0.5 2 351 1.5
Other services 2 732 1.5 5 127 3.2
Source:  Statistics Norway.

The transport, storage and communications sectors account for around 61 per cent of all exports (63 per cent in 2007), and around half of all imports of services. About 22 per cent (19 per cent in 2007) of all imports of services from abroad are carried out by the mining and quarrying industries. Enterprises within business activities make up the third largest sector with regard to imports of services and the second largest sector with regard to exports of services from Norway.

External trade in services, by major industry activity. 2008. NOK million
Major industry activity Export Import
NOK million Share NOK million Share
Total  184 386       100.0       161 220       100.0
Mining and quarrying 20 597 11.2 36 132 22.4
Manufacturing 16 663 9.0 16 081 10.0
Wholesale and retail trade 3 203 1.7 7 047 4.4
Transport, storage and communication  111 639 60.5 78 666 48.8
Business activities 30 383 16.5 18 576 11.5
Other industry activities 1 901 1.0 4 718 3.0
Source:  Statistics Norway.

EU countries outside the Nordic region are the most important partners for Norwegian external trade in services, with 41 per cent of all exports (42 per cent in 2007) and 43 per cent of all imports (46 per cent in 2007. About 22 per cent of Norwegian imports (21 per cent in 2007) and 15 per cent of exports (16 per cent in 2007) are from Nordic countries. Asia is the destination for about 16 per cent (13 per cent in 2007) of Norwegian exports of services. Approximately 10 per cent (11 per cent in 2007) of Norwegian exports go to Central and North America. With regard to imports, the Central and North American countries account for around 9 per cent (11 per cent in 2007).