Trade Figures for Jan-Mar 2024 Released by Norway Connect

Trade Figures for Jan-Mar 2024 Released by Norway Connect

Norway Connect, our premium member, has shared trade statistics for Jan-Mar 2024. Full years 2019-2023 are included for comparative reasons.

Seafood exports to Thailand are up by 3% as compared to the same period last year, while fertilisers are up 56%. The high figure in import from Thailand last year was due to Aibel Thailand exporting another Doggerbank module in May. That one module was NOK 1,242 million alone and affects the figures negatively this year.

Looking at tourism to Norway, it’s also good to see that number of Thai room nights in Norway continue to improve. March  was a record month with close to 5,000 room nights (against 3,900 in 2023). Room nights are now 42% over last year. Northern Norway is the region that continues to show the biggest increase with 29% over 2023. It will be interesting to see how April affect the figures, traditionally the best month of the year.

Export from Norway for 2024 is split like this:

• Seafood 49%           NOK 747 million
• Fertilisers 29%         NOK 446 million
• Other goods 23%     NOK 341 million
• Total                         NOK 1,533 million (=+30%) vs export from Thailand NOK 1,047 million (-33%)

Click button below to find trade statistics for Jan-Mar 2024 including the full years 2019-2023 for comparative reasons.

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We understand Norwegian business requirements and business culture. We offer the best of both worlds: A high level of integrity, Norwegian value systems, and management philosophy coupled with a clear understanding of Asian value systems allowing us to bridge to countries where we are present. Norway Connect has adopted a Code of Conduct to establish the highest principles and standards. These principles express professional ideals, which we display in our professional activities. Our experience and networks cover most sectors where Norway has a strong export focus, thereby giving our clients a direct channel to success.

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