Bilateral Trade with Hong Kong

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The total trade between Norway and Hong Kong in 2015 was in the upward trend again much better than 2014 for both exports and imports.

It recorded a total trade of NOK3,043 million, a little less than NOK3,058 million in 2010 but surpassing those years from 2011.

Comparing with 2014, exports from Norway was increased by 19.5% or NOK1,957 million in value while imports to Norway was increased by 18.3% or NOK1,085 million in value.

Unlike previous year, the trade figures of all the five major export and import commodities were up from 1.9% to 85.2%.

It is rather disappointed that the export of “Food and live animals” (Major: salmon) from Norway only has a very slight increase of 1.9% in 2015, the smallest increase since 2011. It was up 26.4% in previous year. However, it is still the number one export commodity from Norway in the value of NOK960 million.

The number one import commodity from Hong Kong in 2015 was “Machinery and transport equipment (Major: Electrical machinery & apparatus)” that increased by 40.4% or NOK483 million in value compared with previous year.

“Crude materials, inedible, except fuels (Major: Wood, lumber and cork)” was the winner of the highest increase up to 85.2% for imports from Hong Kong.

 

Bilateral trade Norway-Hong Kong (Million Kroner):

(10-Year Figures – source: Statistics Norway)

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

Export from Norway

1667

1579

1692

1231

1641

1405

1558

1713

1638

1957

Import to Norway

1585

1489

1409

1317

1417

1011

886

722

917

1085

Total trade

3252

3068

3101

2548

3058

2416

2444

2435

2555

3043

Chief Exports to Hong Kong SAR in 2015

Value

(Million NOK)

Chief Imports from Hong Kong SAR in 2015

Value

(Million NOK)

Food and live animals (Major: Fish, crustac., molluscs, etc.)

960

Machinery and transport equipment (Major: Electrical machinery & apparatus)

483

Machinery and transport equipment (Major: General industrial machinery & equipment)

354

Miscellaneous manufactured articles (Major: Misc. manufactured articles. n.e.s.)

437

Miscellaneous manufactured articles (Major: Professional & scientific instruments)

350

Manufactured goods classified by materials (Major: Manufactures of metals, n.e.s.)

129

Crude materials, inedible, except fuels (Major: Metalliferous ores & metal scrap)

127

Chemicals and related products, n.e.s. (Major: Inorganic chemicals)

17

Manufactured goods classified by materials (Major: Non-ferrous metals)

100

Crude materials, inedible, except fuels (Major: Wood, lumber and cork)

10

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Norwegian Chamber of Commerce, Hong Kong

P.O.Box 33264 Sheung Wan Post Office
Hong Kong SAR

Tel: +852 6502 1630 (Whatsapp enabled)