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How dependent is the United Kingdom on Norway?

In 2024, Norway sold $30.1 billion to the United Kingdom, 4.2% of its imports, ranking 6th among its suppliers. Its share was 3% in 2019 and 2.7% in 1995. In 6 products it sells more than 50% of what the United Kingdom buys of them (in 2, more than 75%); what the United Kingdom buys from Norway in those products (dominated value) adds up to $14.3 billion, 2% of its imports.

Summary

Share of its imports
4.2%
Value imported
$30.1billion
Rank among its suppliers
6th
Products where it sells over 50%
6
Products where it sells over 75%
2
Dominated value
$14.3billion
Share of total imports
2%

Trend

Trend in shares

Norway went from 2.7% to 4.2% of what the United Kingdom buys

Share (%)

  • Norway 4.2%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19957,0142.7%11
19968,0872.8%10
19978,1032.6%10
19986,0431.9%13
19996,5112%13
20009,2832.6%11
20018,8232.5%11
20028,5882.3%11
200311,8882.9%11
200416,8553.5%11
200522,6424.4%8
200627,8754.8%6
200730,6564.8%6
200841,8926.2%6
200923,8614.8%6
201030,5985.3%6
201138,0665.7%6
201233,1375.2%6
201326,2744.1%7
201428,2344.1%8
201518,9833%10
201617,6182.8%10
201723,0673.7%8
201825,6133.9%8
201920,1103%9
202013,7412.3%13
202136,2285.3%5
202254,5787.1%4
202332,6274.4%5
202430,1094.2%6

Products where Norway sells more than half

ProductSupplierShareSecondValue
Natural gas and LPGNorway74.8%United States · 17.6%$12.8 billion
Dredgers and floating cranesNorway70.1%South Korea · 28.2%$783 million
Fresh fishNorway59%Denmark · 18.4%$504 million
Unwrought zincNorway64.5%Spain · 14%$133 million
Fishing vesselsNorway80.3%over 75%Turkey · 14.4%$13 million
Wood pulp lyes (lignosulfonates)Norway78.9%over 75%Austria · 8.3%$10 million

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from Norway

The United Kingdom is Norway’s 1st-largest customer, with 17.6% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.