Norway Trade Summary
U.S. goods and services trade with Norway totaled an estimated $16.8 billion in 2024, up 3.7 percent ($596.4 million) from 2023.
U.S. total goods trade (exports plus imports) with Norway was an estimated $11.2 billion in 2024. U.S. goods exports to Norway in 2024 were $4.6 billion, down 11.3 percent ($580.1 million) from 2023. U.S. goods imports from Norway in 2024 totaled $6.6 billion, up 8.0 percent ($487.5 million) from 2023. The U.S. goods trade deficit with Norway was $2.0 billion in 2024, a 109.4 percent increase ($1.1 billion) over 2023.
U.S. total services trade (exports plus imports) with Norway totaled an estimated $5.6 billion in 2024. U.S. services exports to Norway in 2024 were $2.8 billion, up 9.7 percent ($251 million) from 2023. U.S. services imports from Norway in 2024 were $2.8 billion, up 18.8 percent ($438 million) from 2023. The U.S. services trade surplus with Norway was $64 million in 2024, a 74.5 percent decrease ($187 million) over 2023.
