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Trade Figures for Jan-April 2024 Released by Norway Connect

Trade Figures for Jan-April 2024 Released by Norway ConnectTrade Figures for Jan-April 2024 Released by Norway Connect

Norway Connect, our premium member, has shared the 2024 trade statistics summary between Norway and Thailand displaying the trade figures for January-April 2024, highlighting that seafood exports to Thailand are up by 10% as compared to the same period last year, while fertilisers are up 57%. 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. April again was a record month with slightly above 5,000 room nights (against 4,100 in 2023). Room nights are now 34% over last year. Northern Norway is the region that continues to show the biggest increase with 36% over 2023 and 59% above the month of April 2023.

Export from Norway for 2024 is split like this:

  • Seafood 54%¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬† NOK 1,042 million
  • Fertilisers 24%¬†¬†¬†¬†¬†¬†¬†¬†¬† NOK 458 million
  • Other goods 23%¬†¬†¬†¬†¬†NOK 446 million
  • Total¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬†¬† NOK 1,945 million¬†(=+24%) vs export from Thailand NOK 1,484 million (=-16%)

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

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About Norway Connect

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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