Smaller surplus for Norway
The preliminary external balance indicates a surplus of NOK 16.6 billion (USD 2.47 billions) in November 2003, compared to NOK 17.1 billion (USD 2.55 billion) during the same period the year before, according to numbers presented by Statistics Norway Tuesday.
The trading of goods and services abroad provided Norway with a surplus of NOK 18.1 billion (USD 2.7 billion) in November last year. The balance in trade of goods increased with NOK 0.2 billion (USD 30 million), while the balance of trade in services was reduced with NOK 0.8 billion (USD 119 million) compared to the same period in 2002.
Norway exported goods for NOK 41.4 billion (USD 6 billion) in November, an increase of USD 1.8 billion (USD 269 million) compared to the same month the year before. The import of goods was about NOK 25.4 billion (USD 3.8 billion), an increase of NOK 1.6 billion (USD 239 million) in the same time period.
The export of services had in November 2003 a value of NOK 13.7 billion (USD 2.05 billion), compared with last year, the number was NOK 1.5 billion (USD 224 million) higher. The total import of services increased with NOK 2.2 billion (USD 328 million), and ended at NOK 11.6 billion (USD 1.73 billion).
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