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Who buys Norway’s crude oil? Export destinations 2024

In 2024, Norway exported $49.8 billion of crude oil (84.7 million tonnes), 3.8% of the world total. Its main destinations were the United Kingdom (23%), Germany (16%) and Sweden (11%). Norway was the world’s 7th-largest exporter of crude oil.

Summary

Value
$49.8billion
Tonnes
84.7million tonnes
Share of world total
3.8%
World rank
7th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United Kingdom11.7Tonnes: 20,698,621USD per tonne: $56523.5%Sea
Germany8Tonnes: 11,673,924USD per tonne: $68816.1%Sea
Sweden5.6Tonnes: 8,645,277USD per tonne: $64411.2%Land
Netherlands re-exports5.5Tonnes: 10,980,834USD per tonne: $50111%Sea
Poland5Tonnes: 8,965,042USD per tonne: $55510%Sea
Finland4.1Tonnes: 6,702,631USD per tonne: $6058.1%Land
France2.1Tonnes: 3,149,202USD per tonne: $6664.2%Sea
China1.3Tonnes: 2,019,356USD per tonne: $6602.7%Sea
Italy0.86Tonnes: 1,547,971USD per tonne: $5561.7%Sea
Greece0.83Tonnes: 1,413,353USD per tonne: $5851.7%Sea
Lithuania0.77Tonnes: 2,412,893USD per tonne: $3191.6%Sea
Spain0.6Tonnes: 915,820USD per tonne: $6521.2%Sea
Denmark0.57Tonnes: 875,811USD per tonne: $6511.1%Sea
Bulgaria0.48Tonnes: 774,315USD per tonne: $6210.97%Sea
Turkey0.46Tonnes: 809,804USD per tonne: $5690.93%Sea
Portugal0.36Tonnes: 533,702USD per tonne: $6800.73%Sea
Romania0.36Tonnes: 591,156USD per tonne: $6040.72%Sea
United States0.33Tonnes: 404,446USD per tonne: $8170.66%Sea
Canada0.28Tonnes: 501,901USD per tonne: $5640.57%Sea
South Korea0.17Tonnes: 239,799USD per tonne: $7010.34%Sea

Trend

Who it sells to

The United Kingdom was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • United Kingdom 11.7
  • Germany 8
  • Sweden 5.6
  • Netherlands 5.5
  • Poland 5

Source: CEPII BACI

Show the numbers
Partner19952024
United Kingdom3.711.7
Germany2.58
Sweden1.15.6
Netherlands1.95.5
Poland0.165

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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