Financial News: Norway Trade Surplus Rises In August

Norway Trade Surplus Rises In August

09/15/2025 - 08:05:00 (RTTNews)

(RTTNews) - Norway's foreign trade surplus increased somewhat in August from a year ago as imports fell faster than exports, data from Statistics Norway showed on Monday.

The trade surplus rose to NOK 60.1 billion in August from NOK 59.2 billion in the same month last year. The surplus also grew from NOK 54.6 billion in July.

Exports declined 5.2 percent annually in August, and imports plunged by 5.7 percent. The downturn in exports was mainly driven by lower foreign demand for ships and oil platforms. Natural gas exports declined 16.3 percent.

On a monthly basis, exports rose 0.3 percent, while imports decreased by 5.7 percent.

Mainland exports were 10.7 percent higher compared to last year, and they increased 5.7 percent from July. The mainland trade logged a deficit of NOK 20.2 billion in August, down from NOK 28.6 billion in the prior month.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Govt Has Started To Fire Federal Workers (27 min(s), 37 sec(s) ago)
(RTTNews) - The U.S. government has started to layoff federal employees, the Office of Management ...Full Story»

U.S. Consumer Sentiment Virtually Unchanged In October (06 hr(s), 01 min(s), 37 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed its reading on U.S. c ...Full Story»

Latvia Trade Deficit Narrows In August (06 hr(s), 43 min(s), 37 sec(s) ago)
(RTTNews) - Latvia's foreign trade deficit decreased in August from a year ago, as exports gre ...Full Story»

Turkey Retail Sales Growth Eases To 12.2% (07 hr(s), 0 min(s),37 sec(s) ago)
(RTTNews) - Turkey's retail sales growth moderated for the third straight month in August, tho ...Full Story»

Slovakia Industrial Output Shrinks Most In 17 Months (07 hr(s), 21 min(s), 37 sec(s) ago)
(RTTNews) - Slovakia's industrial production decreased at the steepest pace in nearly one-and- ...Full Story»

Swiss Consumers Less Pessimistic In September (08 hr(s), 15 min(s), 37 sec(s) ago)
(RTTNews) - Confidence among Swiss consumers remained slightly less negative in September, survey ...Full Story»

Portugal Inflation Confirmed At 2.4% (09 hr(s), 08 min(s), 37 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation eased as initially estimated in September to t ...Full Story»

Romania Q2 GDP Growth Unrevised At 0.3% (10 hr(s), 06 min(s), 37 sec(s) ago)
(RTTNews) - Romania's economic growth held steady in the second quarter, confirming the previo ...Full Story»