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Norway Trade Balance

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Norway Trade Balance

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Latest Release
Oct 15, 2024
Actual
42.8B
Previous
63.4B
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported (a trade surplus). A negative number indicates that fewer goods and services were exported than imported (a trade deficit). In the external trade statistics for Norway, the term "traditional goods" means goods excluding ships & oil platforms and exports also exclude crude oil and natural gas.
A reading that is stronger than forecast is generally supportive (bullish) for the NOK , while a weaker than forecast reading is generally negative (bearish) for the NOK.
Importance:
Country:
Currency: NOK
Source: Statistics Norway
Norway Trade Balance
 
Release Date Time Actual Forecast Previous
Nov 15, 2024 (Oct) 08:00     42.8B
Oct 15, 2024 (Sep) 07:00 42.8B   63.4B
Sep 16, 2024 (Aug) 07:00 66.0B   58.7B
Aug 15, 2024 (Jul) 07:00 59.3B 54.2B 60.9B
Jul 12, 2024 (Jun) 07:00 61.7B   58.4B
Jun 17, 2024 (May) 07:00 58.7B   65.8B

Trade Balance Discussion

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