The trading profit ended at NOK 42.8 billion. This is the lowest profit since June 2021, Statistics Norway reports in a press release. Norway’s export income has weakened by 2.7 per cent compared to the same month last year. At the same time, the export value is 13.9 per cent lower than in August 2024. Lower oil prices and maintenance contribute to the fall. The oil price is at its lowest since 2022, and ended at NOK 798 per barrel. It is 21.9 percent lower than in September 2023. Although natural gas exports have increased by 20.5 percent since last year, the volume was low in September 2023. The previous year there was a high demand for natural gas due to Russian sanctions, which led to maintenance was postponed until 2023. Something that pulls the numbers up is salmon exports. In September, fish worth NOK 15.9 billion was exported.
ttn-69
The trade surplus in September was the lowest in three years – Latest news – news
