Trading Partner Portal: Norway
Trade Overview
Norway is located in northern Europe and is a part of the Scandinavian Peninsula. The majority of the country shares a border with Sweden in the east and its northernmost region is bordered by Finland. With a population of over 5.61 million, covering 323,802 square kilometers, Norway is one of the most sparsely populated countries in Europe.
Norway has one of the most financially healthy economies in the world, in part due to its status as one of the world’s largest exporters of crude oil and natural gas. It has a GDP of $530.76 billion in 2025, which has been decreasing the past several years. Other major industries, such as shipping, shipbuilding, fishing and fish farming, information technology, pulp and paper products, and light metals processing have prospered as well. Incomes are also more evenly distributed, making every person a consumer, unemployment rates and interest rates are low.
U.S. – Norway Trade
Norway has close ties to the United States, the overall economic and trade relationship is strong, and Norway’s import climate is generally open and receptive to U.S. products and investments.
In 2025, two-way trade between the United States and Norway was $11.14 billion, with the U.S. exporting $4.52 billion. Top exports included transportation equipment ($771 million), computer and electronic products ($725 million), petroleum oil and gas ($610 million), non-electrical machinery ($465 million), and chemicals ($463 million).
In the same year, the United States imported $6.62 billion, and top imports included petroleum and coal products ($916 million), fish and other marine products ($836 million), chemicals ($802 million), livestock & livestock products ($726 million), and primary metals ($666 million).
Total services trade between the United States and Norway was $5.81 billion in 2025, with exports totaling $3.10 billion. Top exports included travel, telecommunications, computer &information services, financial services, other business services, and transport services.
Imports in services from Norway to the U.S. totaled $3.71 billion in 2025, with top imports begin travel, transport services, other business services, telecommunications, computer & information services, and personal, cultural, and recreational services.
California – Norway Trade
In 2025, California exported $380 million to Norway. Top exports included transportation equipment ($161 million), computer and electrical products ($83 million), agricultural products ($32 million), non-electrical machinery ($27 million), and electrical equipment, appliances, & components ($20 million).
That same year, California imported nearly $661 million from Norway. Top imports from Norway to California included livestock and livestock products ($252 million), fish and other marine products ($97 million), chemicals ($95 million), processed foods ($85 million), and computer & electronic products ($48 million).
FDI – Norway
In 2025 Norway’s FDI position in the U.S. was $32.5 billion, while U.S. direct investment position in Norway totaled $14.8 billion the same year. Norwegian FDI supported 8,700 jobs in the U.S. and contributed $33 million to research and development, along with $276.4 billion in expanding U.S. exports. Top industry sectors of Norwegian FDI were software and IT services, industrial equipment, transportation, business services, energy, and electronic components. Select USA
Norway and California are both west coast economies with a beautiful coastline. There are over 342,000 individuals of Norwegian descent living in California. UC Berkley has strong ties with Norway via the Peder Sather Center for Advanced Study. Peder Sather (1810 – 1886) was a prominent Norwegian-born American banker who is best known for his legacy to UCB. His widow donated funding in his memory for two of the school’s most famous landmarks, Sather Gate and Staher Tower, which is more commonly known as The Campanile. There is also a Norwegian Consulate in San Francisco, which opened in 1906. Earl Warren, former California Governor and Chief Justice of the United States was of also Norwegian descent.
CalChamber Resources
Business
- Invest in Norway
- Innovation Norway
- U.S. Commercial Service in Norway
- AmCham Norway
- Norwegian Embassy
- Norwegian-American Chamber of Commerce
- Norwegian-American Chamber of Commerce -LA
- Nordic Innovation House