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Norway’s Trade with Indonesia and Thailand
The trade figures for June 2021 were released by SSB on 12 July. We took a look at the trade between Norway and Indonesia and Thailand.
We have listed the main commodities in the trade flow
Thailand
- Seafood exports from Norway are up 18% as compared to same period in 2020
- Fertiliser exports from Norway are up 75% as compared to same period in 2021
- Exports of metal structures, i.e. oil rigs from Thailand are up 5,155% as compared to same period in 2021. The figures look strange since this is a one-time periodical export of Aibel’s P2 module which took place in May 2021
Export from Norway for Jan-Jun21 is split like this:
- Seafood 46% NOK 801 million
- Fertilisers 25% NOK 438 million
- Other goods 29% NOK 504 million
- Total export NOK 1,743 million
- Total import NOK 4,950 million including metal structures of NOK 3,235 million in May 2021
Indonesia
- Seafood exports from Norway are down 19% as compared to same period in 2020. The main reason is that seafood from Norway is not able enter Indonesia since March 2021. This is connected to heath certificate reasons for Norwegian salmon and Fjord Trout. The Norwegian embassy in Jakarta is working on the issue.
- Fertiliser exports from Norway are up 51% as compared to same period in 2020
Export from Norway for Jan-Jun21 is split like this:
- Seafood 17% NOK 106 million
- Fertilisers 27% NOK 165 million
- Other goods 56% NOK 348 million
- Total export NOK 618 million
- Total import NOK 855 million
Apart from what has been mentioned above, there are are no significant changes in the composition beyond what has been seen during previous periods. We have also updated the currency exchange graphs of the Norwegian Krone currency exchange rate versus the Thai Baht and the Indonesian Rupiah and also these currencies versus the US Dollar. Further details are available in the graphs available by clicking the blue button below.
View GraphsPhoto: Innovation Norway/Yngve Ask
