EEA member. Norway participates in the EU single market via the EEA Agreement. Compliance scores reflect this regulatory alignment and are not directly comparable to non-EU/EEA sourcing countries.
Europe
Norway
EU Compliance · Geopolitical Risk · Sourcing Attractiveness · Intra-EU Risk
Why these scores
EU Compliance, by dimension
1 = lowest risk · methodology & sources
Geopolitical Risk, by dimension
1 = lowest risk · methodology & sources
Attractiveness, by dimension
9 = most attractive · methodology & sources
Analyst scores, last reviewed June 2026; each dimension's sources and cadence are on its methodology page.
Data layers
The EU is Norway's #1 import source (world lens). Norway is the EU's #18 goods supplier.
Norway on the world stage
Total imports
$101.3bn
2024 annual
Total exports
$168.3bn
204 partners
#1 import source
China
11.9%
#1 export dest.
United Kingdom
19.1%
2024 annual, UN Comtrade (HS TOTAL, all partners). Line colour: coverage (exports/imports per partner).
Norway and the EU
EU imports from
€95.5bn
3.8% of extra-EU
EU exports to
€63.8bn
2.4% of extra-EU
EU supplier rank
EU's #18 supplier
EU trade balance
import-tilted
coverage 0.67
2025 annual totals, Eurostat COMEXT. EU trade board →
Electricity & grid
National sources · carbon from Ember
Industrial
70
EUR/MWh
Consumer
310
EUR/MWh, all-in
Grid carbon
31
gCO₂e/kWh
Renewables
92%
of generation
Wholesale 40 EUR/MWh · market market
Power market
● Export-revenue + dam debtMarket model
Liberalised (Nord Pool, founding member)
Direct PPA
Allowed
grid access: open
Reserve margin
–
Regulator
Independent
NVE (Norwegian Water Resources and Energy Directorate)
The world's cleanest large grid (31 gCO2e/kWh) but bidding-zone price divergence (cheap north, expensive south), surplus power (18 TWh exported in 2024) via subsea HVDC cables, and political tension over exports raising…
Tracked infrastructure
Operating assets tracked by Global Energy Monitor (CC BY 4.0); counts are tracked facilities, not exhaustive totals. Energy overview →
Metal mining
Tagged mines
64
none in the merged layer
Acid-drainage prone
25
high water-risk ore class
Main commodities
Iron, Silver, Copper
Mine-water verifiability
Full reported-vs-real
Vannmiljo ambient API + Norske utslipp facility discharge,…
Water risk is inferred from the ore class, not site measurements. Global mines: full layer →
Intra-EU sourcing risk
EEA · 1 = lowest riskMonitored ports (43)
Source: IMF PortWatch. Port count reflects monitoring coverage, not economic significance.
Demographics
UN World Population Prospects 2024 · medium variant
Median age
39.7
→ 45.5 by 2050
Fertility
1.41
below replacement
Working-age
65%
aged 15–64
Old-age dep.
28.9
→ 45.2 by 2050
Median age 1990–2050
Population 5.58M · peaks 2050
By 2050: +6% (5.9M)