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Trade Figures for Jan-Nov 2023 Released by Norway Connect

Trade Figures for Jan-Nov 2023 Released by Norway ConnectTrade Figures for Jan-Nov 2023 Released by Norway Connect

Norway Connect, our premium member, has shared the 2023 trade statistics summary between Norway and Thailand displaying the trade figures for January-November 2023, highlighting that seafood exports to Thailand are down by 3% as compared to the same period last year, while fertilisers are down by 31%.

Overall applied to the full year the Jan-Nov figures would mean a 8% decrease in export to Thailand and a 18% increase in import from Thailand. The high figure in import from Thailand is due to Aibel Thailand exporting another Doggerbank module in May. That one module was NOK 1,242 million alone.

Looking at tourism to Norway, it’s also good to see that number of Thai room nights in Norway are improving. October was a record month with over 5,000 room nights (against 8,500 in 2019)

Export from Norway for Jan-Nov23 is split like this:

  • Seafood 59%             NOK 2,437 million
  • Fertilisers 19%          NOK 793 million
  • Other goods 22%      NOK 908 million
  • Total                           NOK 4,138 million vs export from Thailand NOK 5,823 million

Click button below to find trade statistics for Jan-Sep 2023 including the full years 2019-2022 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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