What is the value of US trade with Norway?
Refreshed annually
$9.65 billion in imports and $7.87 billion in exports in 2025. That means that the US imported $1.77 billion more from Norway than we exported to it. Benefits of trade can include higher wages and job growth, a wider variety of products available at lower prices, increased productivity, and more efficient resource allocation.
$9.65B
Value of imports from Norway to the US (2025)
$7.87B
Value of exports from the US to Norway (2025)
Exports are goods and services the US sells to other countries. Imports are goods and services the US buys from other countries. Combining the value of imports and exports shows us how much trade happens between the US and other countries.
The Bureau of Economic Analysis (BEA) provides data for 71 of the US' trading partners (though not necessarily the top 71 trading partners). The partners they track accounted for 94% of total trade with the US in 2025.
How high is Norway ranked as a US trade partner?
BEA data ranks Norway as the US’ 44th top trading partner: In 2025, the US traded $17.5 billion in goods and services with Norway. Countries with similar trade values include Hungary ($18.2B) and Czech Republic ($16.6B).
In 2025, the US traded $17.5 billion in goods and services with Norway.
Total trade value (imports + exports) with the US (2025), by select countries
Another way to look at international trade is through trade balance. A nation that imports more than it exports, has a trade deficit. One that exports more than it imports has a trade surplus. Neither is inherently good or bad; trade balance is just a metric that shows the relationship between imports and exports.
What is the trade balance with Norway?
The US has had a trade deficit with Norway every year from 2018 through 2025. The 2025 deficit was $1.77 billion, an increase from 2024's deficit of $1.65 billion.
The trade deficit with Norway increased to $1.77B in 2025.
Annual trade balance with Norway, not adjusted for inflation
What does the US import from Norway?
In 2025, 68.8% of imports from Norway to the US were goods. The largest category was industrial supplies and materials (items used up in the production process, like oil, chemicals, and plastic), accounting for $2.62 billion. The top three imports were industrial supplies and materials, food, feeds, and beverages, and capital goods. These categories accounted for $5.52 billion of total imports.
The other 31.2% were services, with transport being the largest service category. transport (transactions associated with moving people and property from one location to another, like passenger flights and ocean cargo shipping) accounted for $1.08 billion.
Industrial supplies and materials made up 27.1% of US imports from Norway in 2025.
US imports from Norway by category (2025)
What does the US export to Norway?
In 2025, more US exports to Norway were goods — 59.8%. The largest export was capital goods, which accounted for a value of $1.86 billion. The top three exports were capital goods, industrial supplies and materials, and other merchandise. These categories accounted for $4.2 billion of exports to Norway.
The other 40.2% were services, with travel being the largest service category. Travel (money entering the US from foreign visitors on expenses like lodging, meals, transportation, and entertainment) accounted for $615 million.
Capital goods made up 23.7% of US exports to Norway in 2025.
US exports to Norway by category (2025)
Value of imports and exports, by category (2025)
| 1. | Industrial supplies and materials | $2.62 billion |
| 2. | Food, feeds, and beverages | $1.73 billion |
| 3. | Capital goods | $1.17 billion |
| 4. | Transport | $1.08 billion |
| 5. | Travel | $847 million |
| 6. | Other merchandise | $600 million |
| 7. | Business services | $587 million |
| 8. | Consumer goods | $494 million |
| 9. | Telecommunications and information services | $143 million |
| 10. | Government goods and services | $142 million |
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
