Trade in goods with USA SITC (Standard International Trade Classification)
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Norway trade flows with USA by SITC*) product sections during 2020/4 - 2020/8

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/4
%
2020/5
%
2020/6
%
2020/7
%
2020/8
%
Export0.30.20.20.20.2
Import0.20.20.20.10.1
Trade in Goods0.20.20.20.20.1

USA's foreign trade with Norway, exports to Norway and imports from Norway in August 2020


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In August Norway was USA's 54. largest foreign trade partner. Rise from the previous month 3 places. $465 million worth of trade was 34.3 per cent lower than in August of the previous year. In August the trade balance with Norway was $57 million in deficit for United States of America.

The value of imports from Norway decreased strongly, by 40.9 per cent compared to in August of the previous year. The import amounted to $261 million in August 2020. Major product categories of imports from Norway were Sitc034 (fish, fresh (live or dead), chilled or frozen), representing 18.2 percent of imports, Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542) 13.8 % and Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar) 8.0 % of the imports.

The value of exports to Norway declined by 23.5 per cent compared to in August of the previous year, thus amounting to $204 million in August 2020. The largest product groups of exports were: Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar), which represented a share of 8.2 per cent of total exports, Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof) 7.5 % and Sitc714 (engines and motors, non-electric (other than those of groups 712, 713 and 718); parts, n.e.s., of these engines and motors) 6.3 % of the exports.

Development during January-August 2020

During January-August, trade in goods between the two countries declined sharply (-39.5 %) over the same period last year. The value of the trade was $4.5 billion. During January-August the value of imports was $2.6 billion. The export value was $1.9 billion. Compared to the corresponding period in 2019, the value of both imports and exports decreased significantly. The decline in imports was -44.3 % and in the value of exports -31.4 %. The largest value in imports was in Sitc034 (fish, fresh (live or dead), chilled or frozen), worth $477 million. In export the largest value had Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof), worth being $174 million. From USA's point of view, the trade balance between the countries in January-August remained in deficit. The trade deficit was $696 million. The trade deficit narrowed compared to the corresponding period in 2019. At that time, the deficit was $1.9 billion.


Table: USA's export to Norway (NO) during 2020/4 - 2020/8

2020 / 42020 / 52020 / 62020 / 72020 / 8
million $%million $%million $%million $%million $%
0. Food and live animals 5.1 1.6 5.8 2.9 5.4 3.0 7.1 3.2 7.6 3.7
05. Vegetables and fruit 4.3 1.4 4.9 2.5 4.2 2.3 5.4 2.4 6.3 3.1
09. Miscellaneous edible products and preparations 0.4 0.1 0.7 0.4 0.8 0.4 1.2 0.5 0.5 0.2
1. Beverages and tobacco 1.6 0.5 1.3 0.6 1.4 0.8 2.3 1.0 1.7 0.8
11. Beverages 1.5 0.5 1.3 0.6 1.4 0.8 2.3 1.0 1.7 0.8
2. Crude materials,inedible,except fuels 1.9 0.6 2.1 1.1 1.5 0.8 1.3 0.6 1.7 0.8
24. Cork and wood 0.7 0.2 0.10 0.5 0.4 0.2 0.7 0.3 0.6 0.3
27. Crude fertilizers and crude minerals 1.2 0.4 1.1 0.5 1.0 0.5 0.6 0.2 1.0 0.5
3. Mineral fuels etc 16.9 5.4 14.10 7.7 13.4 7.5 31.3 14.3 21.8 10.7
32. Coal,coke and briquettes 1.1 0.3 1.2 0.6 0 0.0 1.1 0.5 0.9 0.4
33. Petroleum and products 15.9 5.1 13.8 7.1 13.4 7.5 24.0 10.9 20.10 10.2
34. Gas,natural and manufactured 0 0.0 0 0.0 0 0.0 6.3 2.8 0 0.0
4. Animal and vegetable oils and fats 0.6 0.2 0.9 0.4 1.3 0.7 1.7 0.8 0.1 0.0
41. Animal oils and fats 0 0.0 0 0.0 0.8 0.4 1.1 0.5 0.1 0.0
42. Fixed vegetable fats and oils 0.6 0.2 0.8 0.4 0.6 0.3 0.6 0.3 0 0.0
5. Chemicals and related products,n.e.s. 33.5 10.8 21.4 11.0 22.6 12.7 29.2 13.3 25.7 12.6
51. Organic chemicals 25.0 8.0 10.0 5.2 9.1 5.1 11.10 5.4 9.8 4.8
52. Inorganic chemicals 2.1 0.7 0.7 0.3 1.4 0.7 9.6 4.4 9.4 4.6
53. Dyeing,tanning and colouring material 0.6 0.2 0.4 0.2 0.4 0.2 0.6 0.3 0.1 0.0
54. Medicinal and pharmaceutical products 2.0 0.6 3.4 1.7 2.1 1.2 2.0 0.9 1.2 0.6
55. Perfume,cleaning etc.preparations 1.5 0.5 2.3 1.2 2.1 1.2 1.8 0.8 1.1 0.5
57. Plastics in primary forms 0.7 0.2 1.4 0.7 0.9 0.5 0.9 0.4 1.6 0.7
58. Plastics in non-primary forms 0.6 0.2 0.8 0.4 0.8 0.4 0.10 0.4 0.7 0.3
59. Chemical materials and products,n.e.s. 1.3 0.4 2.8 1.4 6.1 3.4 1.6 0.7 2.1 1.0
6. Basic manufactures 14.6 4.7 12.7 6.5 11.5 6.4 9.0 4.1 11.4 5.6
62. Rubber manufactures,n.e.s. 2.2 0.7 1.5 0.7 1.6 0.9 1.0 0.4 1.6 0.7
64. Paper,paperboard and articles thereof 0.5 0.2 0.5 0.2 0.2 0.1 0.2 0.0 0.6 0.3
65. Textile yarn,fabrics,made up articles,etc. 0.9 0.3 0.5 0.2 0.7 0.3 0.9 0.4 0.5 0.2
66. Non-metallic mineral manufactures,n.e.s. 1.5 0.5 0.10 0.5 0.10 0.5 0.7 0.3 0.7 0.3
67. Iron and steel 1.9 0.6 1.6 0.8 1.1 0.6 1.3 0.6 1.10 1.0
68. Non-ferrous metals 0.6 0.2 0.4 0.2 0.3 0.1 0.5 0.2 0.4 0.1
69. Manufactures of metals,n.e.s. 7.2 2.3 7.5 3.9 6.10 3.9 4.6 2.1 5.7 2.8
7. Machinery,transport equipment 198.2 63.8 90.0 46.4 84.10 47.8 95.5 43.6 96.7 47.3
71. Power generating machinery and equipment 9.0 2.9 7.8 4.0 4.8 2.7 7.0 3.2 17.1 8.3
72. Machinery for specialized industries 15.4 4.9 17.10 9.2 17.3 9.7 21.1 9.6 18.2 8.9
73. Metal working machinery 0.1 0.0 0.6 0.3 0.3 0.1 0.1 0.0 0.1 0.0
74. General industrial machinery n.e.s. 13.7 4.4 12.1 6.2 13.4 7.5 12.8 5.8 12.9 6.3
75. Office machines and adp machines 3.3 1.1 2.9 1.5 3.4 1.9 2.9 1.3 5.10 2.9
76. Telecommunications and sound recording equipment 104.0 33.5 4.3 2.2 11.5 6.4 7.1 3.2 9.5 4.6
77. Electric machinery,n.e.s.and parts 22.4 7.2 16.6 8.5 14.7 8.2 19.5 8.9 12.0 5.9
78. Road vehicles 8.9 2.8 8.6 4.4 5.5 3.1 7.1 3.2 5.9 2.9
79. Other transport equipment 21.8 7.0 19.5 10.0 14.5 8.1 18.3 8.3 15.5 7.6
8. Miscellaneous manufactured articles 19.6 6.3 33.5 17.3 25.2 14.2 28.10 13.2 25.8 12.6
84. Articles of apparel and clothing accessories 0.9 0.3 0.6 0.3 0.3 0.1 0.9 0.4 0.4 0.2
87. Instruments and apparates n.e.s. 11.8 3.8 21.2 10.9 14.7 8.2 16.2 7.4 16.3 8.0
88. Photographic equipment,optical goods etc. 0.7 0.2 1.3 0.7 0.5 0.2 0.8 0.3 0.9 0.4
89. Miscellaneous manufactured articles,n.e.s. 5.8 1.8 10.1 5.2 9.3 5.2 10.8 4.9 7.9 3.8
9. Goods not classified elsewhere 19.1 6.1 11.5 5.9 10.8 6.1 13.2 6.0 12.2 6.0
93. Special transactions and commodities not classified 0.9 0.3 0.9 0.4 0.6 0.3 1.1 0.5 0.7 0.3
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 17.2 5.5 10.3 5.3 9.6 5.3 11.8 5.4 11.2 5.4
0-9. All groups combined 310.6 100.0 193.8 100.0 177.7 100.0 219.0 100.0 204.2 100.0

Source: US Census Bureau

Table: Import from Norway (NO) to USA during 2020/4 - 2020/8

2020 / 42020 / 52020 / 62020 / 72020 / 8
million $%million $%million $%million $%million $%
0. Food and live animals 62.0 20.2 75.7 23.2 71.7 18.0 71.5 24.0 63.6 24.4
02. Dairy products and birds' eggs 2.1 0.7 3.6 1.1 2.6 0.6 1.9 0.6 2.3 0.9
03. Fish and fish preparations 54.7 17.8 67.0 20.5 64.1 16.0 64.9 21.8 56.8 21.8
04. Cereals and cereal preparations 1.3 0.4 1.0 0.3 0.10 0.2 1.1 0.4 1.4 0.5
08. Feeding stuff for animals 3.2 1.0 3.2 1.0 3.0 0.7 1.9 0.6 2.1 0.8
09. Miscellaneous edible products and preparations 0.9 0.3 1.0 0.3 1.0 0.2 1.8 0.6 1.1 0.4
1. Beverages and tobacco 3.3 1.1 3.9 1.2 2.3 0.6 2.7 0.9 0.10 0.3
11. Beverages 3.3 1.1 3.9 1.2 2.3 0.6 2.7 0.9 0.10 0.3
2. Crude materials,inedible,except fuels 13.4 4.3 1.2 0.4 1.3 0.3 1.8 0.6 2.1 0.8
24. Cork and wood 0.9 0.3 0.5 0.1 0.3 0.1 0.3 0.1 0.3 0.1
25. Pulp and waste paper 0.3 0.1 0.2 0.0 0.4 0.1 0.9 0.3 0.8 0.3
27. Crude fertilizers and crude minerals 0.1 0.0 0.6 0.2 0.2 0.0 0.5 0.1 0.6 0.2
28. Metalliferous ores and metal scrap 12.1 3.9 0.1 0.0 0.1 0.0 0.1 0.0 0.2 0.1
3. Mineral fuels etc 18.2 5.9 50.2 15.4 148.7 37.3 13.10 4.7 26.3 10.1
33. Petroleum and products 15.2 5.0 44.3 13.6 137.2 34.4 8.8 2.9 20.8 8.0
34. Gas,natural and manufactured 2.10 1.0 5.9 1.8 11.5 2.9 5.2 1.7 5.5 2.1
4. Animal and vegetable oils and fats 6.3 2.0 8.6 2.6 4.5 1.1 7.0 2.4 4.8 1.8
41. Animal oils and fats 3.1 1.0 6.8 2.1 2.6 0.6 4.7 1.6 2.4 0.9
43. Processed animal or vegetable oils,etc. 3.2 1.0 1.9 0.6 2.0 0.5 2.4 0.8 2.4 0.9
5. Chemicals and related products,n.e.s. 69.0 22.5 65.9 20.2 50.4 12.6 76.8 25.8 68.9 26.4
51. Organic chemicals 8.7 2.8 5.6 1.7 4.5 1.1 5.4 1.8 1.4 0.5
52. Inorganic chemicals 4.2 1.4 7.1 2.2 7.1 1.8 10.1 3.4 5.3 2.0
53. Dyeing,tanning and colouring material 1.3 0.4 1.8 0.5 1.0 0.2 3.8 1.2 2.0 0.8
54. Medicinal and pharmaceutical products 30.9 10.1 21.1 6.4 12.3 3.1 32.8 11.0 39.1 15.0
55. Perfume,cleaning etc.preparations 0.6 0.2 0.8 0.2 1.4 0.3 0.6 0.2 0.9 0.3
56. Fertilizers,manufactured 8.3 2.7 10.4 3.2 3.7 0.9 3.10 1.3 6.9 2.6
57. Plastics in primary forms 2.8 0.9 2.2 0.6 2.0 0.5 0.5 0.2 0.5 0.2
58. Plastics in non-primary forms 0.3 0.1 0.6 0.2 0.3 0.1 0.7 0.2 0.3 0.1
59. Chemical materials and products,n.e.s. 12.2 4.0 16.7 5.1 18.5 4.6 19.3 6.5 12.10 5.0
6. Basic manufactures 46.9 15.3 28.4 8.7 13.0 3.3 25.7 8.6 18.1 6.9
62. Rubber manufactures,n.e.s. 0.5 0.1 0.5 0.1 0.6 0.1 0.5 0.1 0.4 0.1
64. Paper,paperboard and articles thereof 4.2 1.4 2.4 0.7 1.6 0.4 1.0 0.3 1.6 0.6
65. Textile yarn,fabrics,made up articles,etc. 0.6 0.2 0.4 0.1 0.4 0.1 0.2 0.1 0.3 0.1
66. Non-metallic mineral manufactures,n.e.s. 2.3 0.7 0.2 0.0 0.1 0.0 0.9 0.3 0.1 0.0
67. Iron and steel 11.2 3.6 4.9 1.5 3.2 0.8 2.7 0.9 9.2 3.5
68. Non-ferrous metals 25.7 8.4 17.5 5.3 5.5 1.4 16.1 5.4 4.0 1.5
69. Manufactures of metals,n.e.s. 2.5 0.8 2.9 0.9 1.8 0.4 4.5 1.5 2.8 1.0
7. Machinery,transport equipment 52.1 17.0 59.2 18.1 69.10 17.5 61.3 20.6 39.0 14.9
71. Power generating machinery and equipment 11.6 3.8 13.1 4.0 15.3 3.8 9.3 3.1 3.1 1.2
72. Machinery for specialized industries 8.8 2.9 4.2 1.3 3.4 0.8 3.10 1.3 6.2 2.3
73. Metal working machinery 0.8 0.2 1.5 0.5 0.9 0.2 0.6 0.2 0.4 0.1
74. General industrial machinery n.e.s. 5.5 1.8 7.5 2.3 5.7 1.4 12.6 4.2 4.4 1.7
75. Office machines and adp machines 1.4 0.4 2.7 0.8 2.1 0.5 2.9 1.0 1.9 0.7
76. Telecommunications and sound recording equipment 9.7 3.2 6.8 2.1 15.1 3.8 9.1 3.0 7.2 2.8
77. Electric machinery,n.e.s.and parts 8.1 2.6 10.6 3.2 11.7 2.9 10.1 3.4 8.4 3.2
78. Road vehicles 1.2 0.4 1.9 0.6 1.8 0.4 1.5 0.5 2.6 1.0
79. Other transport equipment 5.4 1.7 11.2 3.4 14.4 3.6 11.7 3.9 5.1 1.9
8. Miscellaneous manufactured articles 17.1 5.6 19.6 6.0 19.2 4.8 24.6 8.2 22.8 8.7
82. Furniture and parts thereof 0.10 0.3 0.9 0.3 0.8 0.2 2.1 0.7 1.2 0.4
87. Instruments and apparates n.e.s. 11.6 3.8 15.4 4.7 14.8 3.7 11.6 3.9 16.2 6.2
88. Photographic equipment,optical goods etc. 0.6 0.2 0.1 0.0 0.2 0.0 0.1 0.0 0.1 0.0
89. Miscellaneous manufactured articles,n.e.s. 3.9 1.2 3.1 0.9 3.4 0.8 10.8 3.6 5.4 2.1
9. Goods not classified elsewhere 18.7 6.1 14.0 4.3 18.2 4.6 12.4 4.1 14.5 5.6
93. Special transactions and commodities not classified 17.6 5.7 12.9 4.0 17.1 4.3 11.2 3.7 13.5 5.1
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 1.1 0.3 1.1 0.3 1.2 0.3 1.2 0.4 1.1 0.4
0-9. All groups combined 306.4 100.0 326.2 100.0 398.10 100.0 297.4 100.0 260.7 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - August (Sitc)

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