International Merchandise Trade Statistics: Exports: Commodities for Norway
XTEXVA01NOM664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139,380,000,000.00
Year-over-Year Change
-9.54%
Date Range
1/1/1955 - 6/1/2025
Summary
This data series tracks Norway's exports of merchandise and commodities. It is a key indicator of the country's international trade performance and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The International Merchandise Trade Statistics: Exports: Commodities for Norway measures the total value of goods and commodities exported from Norway to other countries. This provides insight into the composition and direction of Norway's international trade flows, which is important for analyzing the country's economic competitiveness and trade relationships.
Methodology
The data is collected by Statistics Norway through surveys and administrative records.
Historical Context
This export data is used by policymakers, economists, and businesses to monitor Norway's trade balance and international market positioning.
Key Facts
- Norway is one of the world's largest exporters of seafood and energy products.
- The value of Norway's merchandise exports has grown by over 50% in the past decade.
- Machinery, transportation equipment, and refined petroleum products are major Norwegian export commodities.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of goods and commodities exported from Norway to other countries, providing insight into Norway's international trade performance and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This export data is important for understanding Norway's trade balance, international competitiveness, and economic relationships with other countries.
Q: How is this data collected or calculated?
A: The data is collected by Statistics Norway through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses use this export data to monitor Norway's trade performance and inform decisions related to trade, economic, and industrial policies.
Q: Are there update delays or limitations?
A: The data is published regularly by Statistics Norway, but may be subject to revisions and delays due to the complexity of international trade reporting.
Related Trends
Constant GDP per capita for Norway
NYGDPPCAPKDNOR
Broad Effective Exchange Rate for Norway
NBNOBIS
Producer Prices Index: Economic Activities: Manufacturing: Domestic for Norway
NORPPDMMINMEI
Bank Capital to Total Assets for Norway
DDSI03NOA156NWDB
Orders: Construction: Permits issued: Dwellings / Residential buildings for Norway
NORODCNPI03GYSAM
Infra-Annual Labor Statistics: Unemployment Female: 15 Years or over for Norway
LFUNTTFENOA647S
Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Norway (XTEXVA01NOM664N), retrieved from FRED.