Applied tariffs
Simple average MFN applied
2024
*
4.5 %
Trade-weighted MFN average
2024
*
2.3 %
Share of MFN duty-free
2024
89.9 %
Bound tariffs
Simple average bound
*
22.3 %
Binding coverage
100.0 %
Share of bound duty-free
49.6 %
Imports
Total imports: 97,392.1 million USD in 2024
Imports by partner
European Union
54.6 %
53,217.4
million USD
China
11.9 %
11,566.1
million USD
United States of America
7.6 %
7,367.4
million USD
United Kingdom
4.7 %
4,547.9
million USD
Brazil
2.1 %
2,026.9
million USD
Canada
1.9 %
1,878.9
million USD
Japan
1.9 %
1,829.9
million USD
Other Countries, n.e.s.
1.3 %
1,298.7
million USD
Viet Nam
1.1 %
1,107.9
million USD
Switzerland
1.0 %
988.6
million USD
Rest of the World
11.9 %
11,562.3
million USD
Imports by products HS 2022
870380
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only electric motor for propulsion (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
4.9 %
4,796.6
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
4.1 %
3,954.3
million USD
750110
Nickel mattes
2.1 %
1,997.7
million USD
847150
Processing units for automatic data-processing machines, whether or not containing in the same housing one or two of the following types of unit: storage units, input units, output units (excl. those of heading 8471.41 or 8471.49 and excl. peripheral units)
2.0 %
1,971.2
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
1.8 %
1,715.2
million USD
999999
Unspecified products
1.3 %
1,228.7
million USD
281820
Aluminium oxide (excl. artificial corundum)
1.2 %
1,203.2
million USD
730890
Structures and parts of structures, of iron or steel, n.e.s. (excl. bridges and bridge-sections, towers and lattice masts, doors and windows and their frames, thresholds for doors, props and similar equipment for scaffolding, shuttering, propping or pit-propping)
1.1 %
1,033.6
million USD
150420
Fats and oils of fish and their fractions, whether or not refined (excl. liver oils and chemically modified)
1.0 %
996.7
million USD
851713
Smartphones for wireless networks
1.0 %
942.8
million USD
Rest of the products
79.6 %
77,552.2
million USD
Exports
Total exports: 168,285.9 million USD in 2024
Exports by destination
European Union
64.7 %
108,889.3
million USD
United Kingdom
18.6 %
31,377.1
million USD
Other Countries, n.e.s.
3.3 %
5,557.9
million USD
United States of America
3.1 %
5,285.2
million USD
China
2.1 %
3,456.2
million USD
Korea, Republic of
0.7 %
1,203.1
million USD
Türkiye
0.7 %
1,140.5
million USD
Nigeria
0.6 %
1,038.3
million USD
Iceland
0.6 %
938.4
million USD
Brazil
0.5 %
848.1
million USD
Rest of the World
5.1 %
8,551.8
million USD
Exports by products HS 2022
271121
Natural gas in gaseous state
29.9 %
50,333.3
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
29.5 %
49,603.7
million USD
030214
Fresh or chilled Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho"
4.8 %
8,054.4
million USD
999999
Unspecified products
3.1 %
5,154.9
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
2.2 %
3,725.4
million USD
760120
Unwrought aluminium alloys
2.2 %
3,662.0
million USD
271111
Natural gas, liquefied
1.3 %
2,212.8
million USD
030441
Fresh or chilled fillets of Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus", Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho"
1.2 %
1,975.9
million USD
271600
Electrical energy
1.1 %
1,884.0
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
1.0 %
1,616.9
million USD
Rest of the products
23.8 %
40,062.7
million USD
Preferential regimes provided by Norway
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Norway as a beneficiary based on other economies reported preferential regimes
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