Trade

Norway accounts for less than 0.1 per cent of the world’s population, and is thus a small country. Norway’s economic importance, however, is greater than its population would otherwise indicate. According to WTO statistics, Norway was the world’s 28th largest merchandise exporter, and the 37th largest importer, in 2004. Foreign trade amounts to approximately 37 per cent of Norway’s GDP. Norway... Read more

Norway’s prosperity and economic growth are dependent on good framework conditions for trade with other countries. Norway has therefore actively participated in the development of a binding set of international trade rules, and was one of the 23 states that established the General Agreement on Tariffs and Trade (GATT) in 1947. These international rules were further strengthened and extended whe... Read more

The fisheries industry is the backbone of coastal Norway. Fisheries, aquaculture and fish processing provide employment for more than 30 000 people. The annual export value of fish and fish products is around NOK 30 billion, making this one of Norway’s largest export sectors. It is therefore of crucial importance to Norway to ensure sound management of living marine resources. International... Read more