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Business / Trade in Norway

  • Norway September Trade Surplus Rises

    NORWAY, 2014/10/16 Norway's merchandise trade surplus in September increased from a year ago, as exports grew faster than imports, figures from Statistics Norway showed Wednesday. The trade surplus grew to NOK 21.623 billion from NOK 18.908 billion in the same month last year. In August, the surplus was NOK 21.846 billion. Exports increased 7.7 % annually and imports grew 5 %. Month-on-month, exports climbed 7.8 % and imports rose 12.2 %.
  • Iceland and Norway sign up to Horizon 2020

    ICELAND, 2014/05/28 Iceland and Norway have signed up to join the EU’s Horizon 2020 research and innovation program. In doing so, the Scandinavian nations have become the initial nations outside the EU to associate with the seven-year initiative. The decision, which was made at a European Economic Sector(EEA) Joint Committee conference, allows companies and researchers from Iceland and Norway to participate in the same way their EU counterparts do, said the EU in a statement. In return, the two northern nations will inject funds into Horizon 2020, which was launched at the beginning of the year with a budget of almost 80bn euros over seven years starting this year and finishing 2020.
  • Interest in the Scandinavian state has been growing among Indonesians

    INDONESIA, 2013/06/04 Norway may be a faraway country, but interest in the Scandinavian national has been growing part Indonesians, with Norwegians reciprocating that interest, says a Norwegian diplomat. Additional and additional Indonesians are eating Norwegian salmon in restaurants and surprisingly, additional Indonesian tourists are visiting Norway. “Last year, Indonesia imported 4,000 tons of Norwegian salmon. Presently we would like not to just focus on restaurants but as well on families,” Norwegian Ambassador to Indonesia Stig Traavik told The Jakarta Post in connection with Norway’s Constitutional Day, which was celebrated on May 17 in Norway.