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  • strengths
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US$ 301.7mn
FDI inflows to India from April 2000-March 2021

US$ 99.14mn

Bilateral trade value in 2020-2021

22,480
PIOs/NRIs currently live in Norway

Maritime

Norwegian expertise in maritime and shipping operations has been in strong demand worldwide, especially in developing economies.

Telecom

Norwegian telecom companies have been expanding in fast-growing developing markets to provide connectivity and equipment.

Oil and Gas

Norway is a leader in oil and gas exploration, especially from the offshore fields and has helped set up similar operations worldwide.

STEM

Norway has emerged as a leading global partner in science and technology R&D, especially to do with renewable and sustainability.

Renewable

Norway is a leading producer of renewable energy, with one of the world's largest concentrations of offshore wind energy assets.

India's Exports and Imports to Norway

Value in US$ Millions

S.No. \Year 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019
1 EXPORT 263.41 541.63 244.89 359.98 313.05
2 %Growth 105.62 -54.79 47 -13.04
3 India’s Total Export 310,338.48 262,291.09 275,852.43 303,526.16 330,078.09
4 %Growth -15.48 5.17 10.03 8.75
5 %Share 0.08 0.21 0.09 0.12 0.09
6 IMPORT 1,001.11 585.37 566.79 842.08 366.47
7 %Growth -41.53 -3.17 48.57 -56.48
8 India’s Total Import 448,033.41 381,007.76 384,357.03 465,580.99 514,078.42
9 %Growth -14.96 0.88 21.13 10.42
10 %Share 0.22 0.15 0.15 0.18 0.07
11 TOTAL TRADE 1,264.52 1,127.00 811.68 1,202.06 679.53
12 %Growth -10.88 -27.98 48.1 -43.47
13 India’s Total Trade 758,371.89 643,298.84 660,209.46 769,107.15 844,156.51
14 %Growth -15.17 2.63 16.49 9.76
15 %Share 0.17 0.18 0.12 0.16 0.08
16
TRADE BALANCE
17 India’s Trade Balance -137,694.93 -118,716.67 -108,504.60 -162,054.83 -184,000.33

Norway India Chamber of Commerce & Industry

Visit Website

Oscars Gate 27, 0352, Oslo

Invest in Norway

+47 22 00 25 00

Visit Website

Pb. 448 Sentrum,Akersgata 13,0104 Oslo

Embassy of India, Oslo, Norway

; ;

+47-2411 5916, 2411 5914

Visit Website

Niels Juels Gate 30, PO Box 4055 AMB, 0244, Oslo, Norway

Opportunities

Agricultural exports

    Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
    Sparkling wine of fresh grapes (220410)
    Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
    Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of >10 l (220429)
    Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of 2 l/less (220421)

    agriexchange.apeda.gov.in

    Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in Ch.19, whethe … (190590)
    Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)

    agriexchange.apeda.gov.in

    Other wheat and meslin (100199)
    WHEAT GLUTEN , W/N DRIED (110900)

    agriexchange.apeda.gov.in

    Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)

    agriexchange.apeda.gov.in

    Cheese (excl. of 0406.10-0406.40) (040690)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)

    agriexchange.apeda.gov.in

    Roses (060311)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)
    Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)

    agriexchange.apeda.gov.in

    Apples, fresh (080810)
    Avocados, fresh/dried (080440)
    BANANAS FRSH OR DRIED (080390)
    Cranberries, bilberries & oth. fruits of the genus Vaccinium, fresh (081040)
    Fruits of the genera capsicum/pimenta, fresh/chilled (070960)
    Grapes, fresh (080610)
    Live plants, n.e.s., incl. their roots; mushroom spawn (060290)
    Mandarins, incl. tangerines & satsumas; clementines, wilkings & sim. citrus … (080520)
    Strawberries, fresh (081010)
    Tomatoes, fresh/chilled (070200)

    agriexchange.apeda.gov.in

    Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers (160521)
    Crustaceans; frozen, cold-water shrimps and prawns in shell or not, smoked, cooked or not before or during smoking; in shell, cooked by steaming or by boiling in water (030616)
    Fish fillet; frozen, cod (030471)
    Fish; fresh or chilled, mackerel, excluding fillets, liver, roes, and other fish meat of heading 0304 (030244)
    Fish; frozen, cod excluding fillet, livers, roes, and other fish meat of heading 0304 (030363)

    fishexchange.mpeda.gov.in
Minerals

    Production: 264,993 million tonnes
    Export: US$ 75.71 million

    ngu.no

    Production: 1 203 382 million tonnes
    Export: US$ 65.38 million

    ngu.no

    Production: 471,658 million tonnes
    Export: US$ 2.4 million

    ngu.no

    Production: 76 million tonnes
    Export: US$ 1.6 million

    ngu.no

    Production: 9,185 million tonnes
    Export: US$ 4.7 million

    ngu.no

    Iron Concentrate:
    Production: 35,19,116 million tonnes
    Export: US $ 175.39 million

    ngu.no

    Production: 5,865,160 million tonnes
    Export: US $ 159.9 million

    ngu.no

    Nickel Concentrate
    Production: 8,569 million tonnes
    Export: US$ 2.4 million

    ngu,no

    Production: 1,671,925 million tonnes
    Export: US$ 40.4 million

    ngu.no

    Quartzite
    Production: 1,111,657 million tonnes
    Export: US$ 65.38 million

    ngu.no

    Production: 128,009 million tonnes
    Export: US$ 6.8 million

    ngu.no

    Limenite (Titanium Ore)
    Production: 630323 million tonnes
    Export: US$ 61.5 million

    ngu.no

priority sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Norway
  • Electronic goods
  • General industrial machinery
  • Scientific control equipment
  • Artificial resins
  • Plastic materials
  • Non-ferrous metals
India's top export to Norway
  • Transport equipment
  • Apparels
  • Cotton yarn and fabrics
  • Miscellaneous manufactured articles
  • Metals
  • Non-metal mineral items
  • Paper products
  • Cashew
  • Furniture
  • Travel goods
  • Leather items
  • Coffee, tea, spices
  • Footwear

Bilateral Investors

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