FOREX TradingCharts.com

Financial News: Norway Trade Surplus Grows In May

Norway Trade Surplus Grows In May

06/15/2022 - 03:41:00 (RTTNews)

(RTTNews) - Norway's foreign trade surplus increased markedly in May from a year ago amid a sharp rise in exports, data from Statistics Norway showed on Wednesday.

The trade surplus rose to NOK 86.6 billion in May from NOK 18.3 billion in the same month last year. In April, the surplus was NOK 92.8 billion.

Exports jumped 93.6 percent annually in May and imports rose 23.0 percent.

Export growth was mainly driven by a 182.0 percent surge in shipments of natural gas and a 95.2 percent rise in shipments of crude oil.

Mainland exports were 41.0 percent higher in May compared to a year ago.

On a monthly basis, both exports and imports climbed by 6.2 percent and 22.7 percent, respectively, in May.

The mainland trade logged a deficit of NOK 31.5 billion in May with exports growing only 0.2 percent yearly.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Hungary Trade Balance Swings To Deficit (17 min(s), 51 sec(s) ago)
(RTTNews) - Hungary's trade balance swung to a deficit in April, as imports rose more than exp ...Full Story»

Poland Inflation Accelerates In June (13 min(s), 51 sec(s) ago)
(RTTNews) - Poland's consumer price inflation continued to increase in June, mainly driven by ...Full Story»

Austria Inflation Highest Since September 1975 (16 min(s), 51 sec(s) ago)
(RTTNews) - Austria's consumer price inflation rose to the highest level since September 1975, ...Full Story»

U.S. Construction Spending Unexpectedly Edges Down 0.1% In May (54 min(s), 51 sec(s) ago)
(RTTNews) - Reflecting a decrease in spending on public construction, the Commerce Department rele ...Full Story»

U.S. Manufacturing Index Drops To Two-Year Low In June (43 min(s), 51 sec(s) ago)
(RTTNews) - The Institute for Supply Management released a report on Friday showing its reading on ...Full Story»

Mexico Business Confidence Weakens In June (28 min(s), 51 sec(s) ago)
(RTTNews) - Mexican business confidence decreased for the second straight month in June, though sl ...Full Story»

Eurozone Inflation Reaches New Record High (01 min(s), 09 sec(s) ago)
(RTTNews) - Eurozone inflation accelerated further to a new record high in June, while core inflat ...Full Story»

Amended: Brazil Producer Price Inflation Rises In May (03 min(s), 09 sec(s) ago)
(RTTNews) - Correction: The latest data available is for May Brazil's producer price infl ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Hungary Trade Balance Swings To Deficit

07/01/2022 - 12:24 PM (RTTNews)
(RTTNews) - Hungary's trade balance swung to a deficit in April, as imports rose more than exp ...Full Story>>

Austria Inflation Highest Since September 1975

07/01/2022 - 12:23 PM (RTTNews)
(RTTNews) - Austria's consumer price inflation rose to the highest level since September 1975, ...Full Story>>

Poland Inflation Accelerates In June

07/01/2022 - 12:20 PM (RTTNews)
(RTTNews) - Poland's consumer price inflation continued to increase in June, mainly driven by ...Full Story>>

U.S. Construction Spending Unexpectedly Edges Down 0.1% In May

07/01/2022 - 11:01 AM (RTTNews)
(RTTNews) - Reflecting a decrease in spending on public construction, the Commerce Department rele ...Full Story>>

U.S. Manufacturing Index Drops To Two-Year Low In June

07/01/2022 - 10:50 AM (RTTNews)
(RTTNews) - The Institute for Supply Management released a report on Friday showing its reading on ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.