Norway / Malaysia

Overview In July 2024, Norway exported NOK229M and imported NOK433M from Malaysia, resulting in a negative trade balance of NOK204M. Between July 2023 and July 2024 the exports of Norway have increased by NOK60.3M (35.8%) from NOK169M to NOK229M, while imports increased by NOK13.3M (3.18%) from NOK420M to NOK433M.

Trade In July 2024, the top exports of Norway to Malaysia were Fish (not marine mammals), crustaceans, molluscs... (NOK33.5M), Professional, scientific and controlling instruments and... (NOK24.9M), Machinery specialized for particular industries (NOK14.7M), General industrial machinery and equipment, n.e.s.,... (NOK13.5M), and Rubber manufactures, n.e.s. (NOK11.4M). In July 2024 the top imports of Norway from Malaysia were Machinery specialized for particular industries (NOK181M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK70.7M), Telecommunications and sound-recording and reproducing apparatus... (NOK35.8M), General industrial machinery and equipment, n.e.s.,... (NOK32.4M), and Professional, scientific and controlling instruments and... (NOK29.1M).

Growth In July 2024, the increase in Norway's year-by-year exports to Malaysia was explained primarily by an increase in product exports in Machinery specialized for particular industries (NOK12.4M or 540%), Rubber manufactures, n.e.s. (NOK11.2M or 4.22k%), and Electrical machinery, apparatus and appliances, n.e.s.,... (NOK7.27M or 353%). In July 2024, the increase in Norway's year-by-year imports  from Malaysia was explained primarily by an increase in product imports  in Machinery specialized for particular industries (NOK173M or 2.18k%), General industrial machinery and equipment, n.e.s.,... (NOK9.83M or 43.5%), and Professional, scientific and controlling instruments and... (NOK8.36M or 40.3%).