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Financial News: Norway Trade Surplus Rises In April

Norway Trade Surplus Rises In April

05/15/2019 - 04:26:00 (RTTNews)

(RTTNews) - Norway's trade surplus rose in April as the pace of decline in exports was slower than that of imports, data from Statistics Norway showed on Wednesday. Exports fell 3.2 percent month-on-month in April and imports declined 6.7 percent. The trade surplus rose to NOK 17.61 billion in April from NOK 15.78 billion in the previous month.

The trade surplus was NOK 16.24 billion in the same period last year. Exports declined 0.4 percent annually in April and imports fell 2.6 percent.

Trade deficit for the mainland Norway declined NOK 21.58 billion in April from NOK 27.67 billion in March. In April 2018, trade deficit was NOK 26.07 billion.

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