Oil and gas made up 62 percent of the value of all goods exported from Norway in 2023. The great jump noted between 2020 and 2022 is largely due to supply constrictions, which led to surging oil prices, and European trading partners looking to curb Russian fuel imports.
Share of petroleum in total export value of goods in Norway from 2010 to 2023
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Norsk Petroleum. (June 6, 2024). Share of petroleum in total export value of goods in Norway from 2010 to 2023 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1025405/share-of-crude-oil-gas-as-total-exports-of-goods-in-norway/
Norsk Petroleum. "Share of petroleum in total export value of goods in Norway from 2010 to 2023." Chart. June 6, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1025405/share-of-crude-oil-gas-as-total-exports-of-goods-in-norway/
Norsk Petroleum. (2024). Share of petroleum in total export value of goods in Norway from 2010 to 2023. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1025405/share-of-crude-oil-gas-as-total-exports-of-goods-in-norway/
Norsk Petroleum. "Share of Petroleum in Total Export Value of Goods in Norway from 2010 to 2023." Statista, Statista Inc., 6 Jun 2024, https://www.statista.com/statistics/1025405/share-of-crude-oil-gas-as-total-exports-of-goods-in-norway/
Norsk Petroleum, Share of petroleum in total export value of goods in Norway from 2010 to 2023 Statista, https://www.statista.com/statistics/1025405/share-of-crude-oil-gas-as-total-exports-of-goods-in-norway/ (last visited December 19, 2024)
Share of petroleum in total export value of goods in Norway from 2010 to 2023 [Graph], Norsk Petroleum, June 6, 2024. [Online]. Available: https://www.statista.com/statistics/1025405/share-of-crude-oil-gas-as-total-exports-of-goods-in-norway/