Financial News: Norway Trade Surplus Grows In March

Norway Trade Surplus Grows In March

04/15/2026 - 02:58:00 (RTTNews)

(RTTNews) - Norway's foreign trade surplus increased sharply in March from a year ago as exports grew much faster than imports, data from Statistics Norway showed on Wednesday.

The trade surplus rose to NOK 97.5 billion in March from NOK 58.9 billion in the same month last year. The surplus also increased from NOK 44.9 billion in February.

Exports surged 28.5 percent annually in March, and imports were 5.9 percent higher.

Crude oil exports jumped 67.9 percent from last year, and that of natural gas grew by 19.0 percent. On the other hand, there was a 100 percent fall in exports of ships and oil platforms.

The mainland trade deficit narrowed to NOK 29.4 billion in March from NOK 31.7 billion in the prior month. Mainland exports logged a strong monthly growth of 29.4 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Indonesia GDP Growth Beats Expectations (39 min(s), 40 sec(s) ago)
(RTTNews) - Indonesia's economy grew at the fastest pace in more than three years in the first ...Full Story»

Hong Kong GDP Growth Accelerates In Q1 (01 hr(s), 02 min(s), 40 sec(s) ago)
(RTTNews) - Hong Kong's economy expanded at a faster pace in the first quarter, the advance ...Full Story»

Philippine Inflation Climbs To 7.2%, Highest Since March 2023 (01 hr(s), 58 min(s), 40 sec(s) ago)
(RTTNews) - The Philippines' consumer price inflation accelerated further in April to the high ...Full Story»

Spain Unemployment Declines Sharply (02 hr(s), 44 min(s), 40 sec(s) ago)
(RTTNews) - Spain unemployment declined sharply in April and unemployment among young people logge ...Full Story»

Australia Hikes Key Policy Rate By 25 Bps (03 hr(s), 07 min(s), 40 sec(s) ago)
(RTTNews) - Corrects first para The Reserve Bank of Australia raised its key interest rate by ...Full Story»

Swiss Inflation Rises To 16-month High (03 hr(s), 07 min(s), 40 sec(s) ago)
(RTTNews) - Switzerland's consumer price inflation accelerated for the second straight month i ...Full Story»

Singapore Retail Sales Growth Eases In March (03 hr(s), 26 min(s), 40 sec(s) ago)
(RTTNews) - Singapore's retail sales expanded for the second straight month in March, data fro ...Full Story»

Australia Household Spending Growth Accelerates (04 hr(s), 20 min(s), 40 sec(s) ago)
(RTTNews) - Australia's household spending increased at a faster pace in March, driven by high ...Full Story»