FOREX TradingCharts.com

Financial News: Norway Trade Surplus Rises Sharply In February

Norway Trade Surplus Rises Sharply In February

03/17/2025 - 04:43:00 (RTTNews)

(RTTNews) - Norway's foreign trade surplus increased notably in February from a year ago amid strong growth in exports, data from Statistics Norway showed on Monday.

The trade surplus rose to NOK 84.7 billion in February from NOK 53.2 billion in the same month last year. However, the surplus shrank from NOK 94.1 billion in January.

Exports surged 29.1 percent annually in February, while imports advanced by 8.7 percent. The overall increase in exports was mainly driven by a 100.0 percent growth in ships and oil platforms. Shipments of natural gas also showed a surge of 85.4 percent.

On a monthly basis, exports dropped 4.3 percent, while imports climbed by 2.2 percent.

Mainland exports showed an increase of 15.6 percent compared to last year, and they increased 4.0 percent from January. The mainland trade logged a deficit of NOK 20.3 billion in February, down from NOK 21.8 billion a year ago.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Japan Leading Index Declines In March (16 min(s), 20 sec(s) ago)
(RTTNews) - Japan's leading index decreased less than expected in March to the lowest level in ...Full Story»

European Economic News Preview: Italy Industrial Output Data Due (01 hr(s), 0 min(s),20 sec(s) ago)
(RTTNews) - Industrial production from Italy is due on Friday, headlining a light day for the Euro ...Full Story»

China Exports Rise More Than Forecast (02 hr(s), 44 min(s), 20 sec(s) ago)
(RTTNews) - China's exports grew more than expected in April despite the fall in exports to th ...Full Story»

Japan Household Spending Rises 2.1% On Year In March (36 min(s), 40 sec(s) ago)
(RTTNews) - The average of household spending in Japan was up 2.1 percent on year in March, the Mi ...Full Story»

South Korea Has $9.14 Billion Current Account Surplus (11 min(s), 40 sec(s) ago)
(RTTNews) - South Korea posted a current account surplus of $9.14 billion in March, the Bank of Ko ...Full Story»

China Trade Data Due On Friday (59 min(s), 40 sec(s) ago)
(RTTNews) - China will on Friday release April figures for imports, exports and trade balance, hig ...Full Story»

Thirty-Year Bond Auction Attracts Below Average Demand (52 min(s), 40 sec(s) ago)
(RTTNews) - The Treasury Department finished off this week's series of announcements of the re ...Full Story»

U.S. Wholesale Inventories Climb Slightly Less Than Expected In March (42 min(s), 40 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Thursday showing wholesale inventories in ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Japan Leading Index Declines In March

05/09/2025 - 02:44 AM (RTTNews)
(RTTNews) - Japan's leading index decreased less than expected in March to the lowest level in ...Full Story>>

European Economic News Preview: Italy Industrial Output Data Due

05/09/2025 - 02:00 AM (RTTNews)
(RTTNews) - Industrial production from Italy is due on Friday, headlining a light day for the Euro ...Full Story>>

China Exports Rise More Than Forecast

05/09/2025 - 00:16 AM (RTTNews)
(RTTNews) - China's exports grew more than expected in April despite the fall in exports to th ...Full Story>>

Japan Household Spending Rises 2.1% On Year In March

05/08/2025 - 19:37 PM (RTTNews)
(RTTNews) - The average of household spending in Japan was up 2.1 percent on year in March, the Mi ...Full Story>>

South Korea Has $9.14 Billion Current Account Surplus

05/08/2025 - 19:12 PM (RTTNews)
(RTTNews) - South Korea posted a current account surplus of $9.14 billion in March, the Bank of Ko ...Full Story>>

Do not sell my personal information

Copyright © 2025. 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.