Norway’s foreign trade balance recorded a surplus in August

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The foreign trade balance was also in surplus in July, amounting to 42.2 billion kroons.

The surplus in August was driven by a sharper increase in exports relative to imports.

In August, Norwegian exports increased by 96.9% year-on-year and imports by 17.3%.

Meanwhile, month-on-month, the country’s exports and imports increased by 7.7% and 12.2%, respectively, in August.

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