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Norwegian Ministry of Trade,
Industry and Fisheries
Håvard Figenschou Raaen, Deputy Director
Bogotá, 4 December 2017
How to export to EFTA countries - Norway
Overview
• Norway in international trade
• Exports from Colombia to Norway
• Export opportunities in the Norwegian market
• Importer requirements
• Business culture
• Information for exporters to Norway
Quick facts about Norway
• Area: 384 802 km2
• Population: 5,1 million
• Languages: Norwegian and Sami
• Capital city: Oslo
• GDP: 370 bill. USD (2016)
• GDP per capita: 80 349 USD (2014-2016)
• Currency: Norwegian Krone (NOK)
• 1 USD = 8 NOK
Norway’s rank in international trade
Population and economy
Population: Number 120 in world
Gross Domestic Product: Number 29 in the world
Trade in goods:
0.56 % share of world total exports (no. 36)
0.45 % share of world total imports (no. 40)
Trade in services:
0.76 % share of world total exports (no. 30)
1.0 % share of world total imports (no. 28)
Norway’s imports of goods (bill. USD)
HS Product label Value in 2016 % of total import
Total value of imports 72 100
84 Machinery; mechanical appliances etc 10 14
87 Vehicles other than railway or tramway 8,6 12
85 Electrical machinery and equipment 6,5 9
73 Articles of iron or steel 3,1 4
89 Ships, boats and floating structures 3 4
94 Furniture, seats, bedding, lamps 2,8 4
27 Mineral fuels, mineral oils 2,6 3,5
90 Optical, measuring, medical instruments 2,6 3,5
39 Plastics and articles thereof 2,3 3
Source: International Trade Centre
Colombia – Norway Business Relations
• Strong increase in trade the last ten years
• Several large Norwegian investments in Colombia
• Colombian-Norwegian Chamber of Commerce in Oslo
Colombia's exports to Norway (mill. USD)
HS Description Value in 2014 Value in 2015 Value in 2016 % 2016
Total exports 121 119 121 100
99 Special provisions 67 59 59 49
09 Coffee 37 43 35 29
27 Mineral fuels, oils 10 10 13 11
08 Edible fruits and nuts 3 4 9 7
06 Live trees, plants, cut flowers 1 1,2 0,9 1,4
73 Articles of iron and steel 0,02 0,1 0,5 0,4
84
Nuclear reactors, boilers, machinery
0,1 0,06 0,4 0,3
71
Natural or cultured pearls, precious
stones 0,1 0,07 0,2 0,2
Exports from Colombia to Norway (mill. USD)
0
20
40
60
80
100
120
140
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Exports from Norway to Colombia (mill USD)
0
5
10
15
20
25
30
35
40
45
50
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
The Norwegian Customs Tariff: www.toll.no
The Norwegian Market – Export Opportunities
• Groceries
• Fruit and vegetables
• Organic food
• Wine and Spirits
• Textiles and clothing
• Footwear
• Sports equipment
• Furniture
Groceries market
• Market value: 19 bill. USD excl. VAT (2015)
Source: Virke
42,3
29,4
24,4
3,9
0
5
10
15
20
25
30
35
40
45
Norgesgruppen Coop Rema 1000 Bunnpris
Fruits and vegetables
• Total value of imports: 1 bill. USD (2016)
• High share of F&V consumption are imports:
• 98 % of fruits
• 48 % of vegetables
• 69 % of berries
• 38 % of potatoes
• Main importers:
- Interfrukt
- UNIL
Organic Food
• Market value of 300 mill. USD (2016)
• 25 % increase from 2015
• 1,8 % market share in 2016
• Ambition to reach 15 % market share by 2020
Wine and Spirits
• Vinmonopolet has the exclusive right to retail wine, spirits and strong
beer in Norway.
• If you want to supply Vinmonopolet, you must be a wholesaler
registered with the Directorate of Customs and Excise as liable for excise
duty
• You can apply for a wholesale agreement with Vinmonopolet once you
have been approved by the Directorate of Customs and Excise
• For more information: www.vinmonopolet.no
• For information about importers:
• The Norwegian Wine & Spirit Suppliers (VBF).
• Website: www.vbf.no
Main clothing retailers
Market value: 3,9 bill USD (2016)
Source: Virke
50,1
14,6
8,2
6
4 3,9 3,8 2,9 2,7 2,2 1,7
0
10
20
30
40
50
60
Footwear market
Market value: 520 mill. USD (2016)
47,7
25,6
12,9
7
5
2,9
0
10
20
30
40
50
60
Eurosko Others Shoe-d.Vision Nilson Group Mani Bianco
Source: Virke
Sports equipment market
Market value: 1,8 bill. USD (2016)
28,5
27,6
16,6
9,1
7
5,9 5,3
0
5
10
15
20
25
30
Gresvig XXL Sport 1 Others Stadion Coop MX-sport
Source: Norsk sportsbransjeforening
Furniture market
Market value: 2,2 bill. USD (2016)
39
20
12
11
9 9
0
5
10
15
20
25
30
35
40
45
Ikea Others Bohus Skeidar Møbelringen Jysk
Source: Virke
Importer requirements
• Quality
• Health safety
• Traceability
• Reliability: Contracts and deadlines
• Corporate social responsibility / Ethical Trade
• Price
Standards and safety
Responsible Business Conduct
• Important issue for Norwegian companies
• Key international standards
• OECD Guidelines for Multinational Enterprises
• The UN Guiding Principles on Business and
Human Rights
• UN Global Compact
Business culture
• Rules before relations
• The business contract is considered irrevocable
• Flat business hierarchy
• Punctuality
• Open and straightforward negotiations of terms
• Not common for business partners to exchange gifts
Useful information for exporters to Norway
• Where can I find information about Norwegian exporters, products and
suppliers?
• Norway Exports: www.norwayexports.no
• How do I find out about trade fairs and exhibitions in Norway?
• Norway Trade Fairs: http://www.messe.no/en/
• Where can I obtain information on how to establish a business in Norway?
• Altinn: http://www.altinn.no/en
• How do I obtain information on Norwegian companies?
• The Brønnøysund Register Centre: http://www.brreg.no/english/
• Where can I learn more about investing in Norway?
• Invest in Norway: http://www.innovasjonnorge.no/en/start-page/invest-in-
norway/
• Where can I find information about Norwegian commercial agents:
• Commercial Agents Scandinavia: http://www.commercialagents-
scandinavia.com/
Virke – The Enterprise Federation of Norway
• Virke organizes and represents over 20 000 Norwegian businesses with more
than 225 000 employees in Norway.
• Virke covers industries such as trade, knowledge, technology, travel, service,
healthcare, education, culture and voluntary work.
• Virke can be contacted for market information and company matching.
Websites with more information
1. Virke – The Enterprise Federation of Norway
Website: http://www.virke.no
2. Norwegian Directorate of Customs and Excise
Website: http://www.toll.no/
3. Oslo Chamber of Commerce
Website: www.chamber.no
4. International Trade Centre (ITC)
Website: http://www.intracen.org/
ITC is the joint agency of the WTO and the UN working to help developing and transition
countries achieve sustainable development through exports.
5. Invest in Norway
Website: http://www.innovasjonnorge.no/en/start-page/invest-in-norway/
Invest in Norway is the Norwegian Government's investment promotion agency
6. Colombian-Norwegian Chamber of Commerce
www.colombia-norway.com
Norwegian Ministry of Trade,
Industry and Fisheries
Thank you for your attention

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How to Export to EFTA Countries - Norway

  • 1. Norwegian Ministry of Trade, Industry and Fisheries Håvard Figenschou Raaen, Deputy Director Bogotá, 4 December 2017 How to export to EFTA countries - Norway
  • 2. Overview • Norway in international trade • Exports from Colombia to Norway • Export opportunities in the Norwegian market • Importer requirements • Business culture • Information for exporters to Norway
  • 3. Quick facts about Norway • Area: 384 802 km2 • Population: 5,1 million • Languages: Norwegian and Sami • Capital city: Oslo • GDP: 370 bill. USD (2016) • GDP per capita: 80 349 USD (2014-2016) • Currency: Norwegian Krone (NOK) • 1 USD = 8 NOK
  • 4. Norway’s rank in international trade Population and economy Population: Number 120 in world Gross Domestic Product: Number 29 in the world Trade in goods: 0.56 % share of world total exports (no. 36) 0.45 % share of world total imports (no. 40) Trade in services: 0.76 % share of world total exports (no. 30) 1.0 % share of world total imports (no. 28)
  • 5. Norway’s imports of goods (bill. USD) HS Product label Value in 2016 % of total import Total value of imports 72 100 84 Machinery; mechanical appliances etc 10 14 87 Vehicles other than railway or tramway 8,6 12 85 Electrical machinery and equipment 6,5 9 73 Articles of iron or steel 3,1 4 89 Ships, boats and floating structures 3 4 94 Furniture, seats, bedding, lamps 2,8 4 27 Mineral fuels, mineral oils 2,6 3,5 90 Optical, measuring, medical instruments 2,6 3,5 39 Plastics and articles thereof 2,3 3 Source: International Trade Centre
  • 6. Colombia – Norway Business Relations • Strong increase in trade the last ten years • Several large Norwegian investments in Colombia • Colombian-Norwegian Chamber of Commerce in Oslo
  • 7. Colombia's exports to Norway (mill. USD) HS Description Value in 2014 Value in 2015 Value in 2016 % 2016 Total exports 121 119 121 100 99 Special provisions 67 59 59 49 09 Coffee 37 43 35 29 27 Mineral fuels, oils 10 10 13 11 08 Edible fruits and nuts 3 4 9 7 06 Live trees, plants, cut flowers 1 1,2 0,9 1,4 73 Articles of iron and steel 0,02 0,1 0,5 0,4 84 Nuclear reactors, boilers, machinery 0,1 0,06 0,4 0,3 71 Natural or cultured pearls, precious stones 0,1 0,07 0,2 0,2
  • 8. Exports from Colombia to Norway (mill. USD) 0 20 40 60 80 100 120 140 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
  • 9. Exports from Norway to Colombia (mill USD) 0 5 10 15 20 25 30 35 40 45 50 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
  • 10. The Norwegian Customs Tariff: www.toll.no
  • 11. The Norwegian Market – Export Opportunities • Groceries • Fruit and vegetables • Organic food • Wine and Spirits • Textiles and clothing • Footwear • Sports equipment • Furniture
  • 12. Groceries market • Market value: 19 bill. USD excl. VAT (2015) Source: Virke 42,3 29,4 24,4 3,9 0 5 10 15 20 25 30 35 40 45 Norgesgruppen Coop Rema 1000 Bunnpris
  • 13. Fruits and vegetables • Total value of imports: 1 bill. USD (2016) • High share of F&V consumption are imports: • 98 % of fruits • 48 % of vegetables • 69 % of berries • 38 % of potatoes • Main importers: - Interfrukt - UNIL
  • 14. Organic Food • Market value of 300 mill. USD (2016) • 25 % increase from 2015 • 1,8 % market share in 2016 • Ambition to reach 15 % market share by 2020
  • 15. Wine and Spirits • Vinmonopolet has the exclusive right to retail wine, spirits and strong beer in Norway. • If you want to supply Vinmonopolet, you must be a wholesaler registered with the Directorate of Customs and Excise as liable for excise duty • You can apply for a wholesale agreement with Vinmonopolet once you have been approved by the Directorate of Customs and Excise • For more information: www.vinmonopolet.no • For information about importers: • The Norwegian Wine & Spirit Suppliers (VBF). • Website: www.vbf.no
  • 16. Main clothing retailers Market value: 3,9 bill USD (2016) Source: Virke 50,1 14,6 8,2 6 4 3,9 3,8 2,9 2,7 2,2 1,7 0 10 20 30 40 50 60
  • 17. Footwear market Market value: 520 mill. USD (2016) 47,7 25,6 12,9 7 5 2,9 0 10 20 30 40 50 60 Eurosko Others Shoe-d.Vision Nilson Group Mani Bianco Source: Virke
  • 18. Sports equipment market Market value: 1,8 bill. USD (2016) 28,5 27,6 16,6 9,1 7 5,9 5,3 0 5 10 15 20 25 30 Gresvig XXL Sport 1 Others Stadion Coop MX-sport Source: Norsk sportsbransjeforening
  • 19. Furniture market Market value: 2,2 bill. USD (2016) 39 20 12 11 9 9 0 5 10 15 20 25 30 35 40 45 Ikea Others Bohus Skeidar Møbelringen Jysk Source: Virke
  • 20. Importer requirements • Quality • Health safety • Traceability • Reliability: Contracts and deadlines • Corporate social responsibility / Ethical Trade • Price
  • 22.
  • 23. Responsible Business Conduct • Important issue for Norwegian companies • Key international standards • OECD Guidelines for Multinational Enterprises • The UN Guiding Principles on Business and Human Rights • UN Global Compact
  • 24. Business culture • Rules before relations • The business contract is considered irrevocable • Flat business hierarchy • Punctuality • Open and straightforward negotiations of terms • Not common for business partners to exchange gifts
  • 25. Useful information for exporters to Norway • Where can I find information about Norwegian exporters, products and suppliers? • Norway Exports: www.norwayexports.no • How do I find out about trade fairs and exhibitions in Norway? • Norway Trade Fairs: http://www.messe.no/en/ • Where can I obtain information on how to establish a business in Norway? • Altinn: http://www.altinn.no/en • How do I obtain information on Norwegian companies? • The Brønnøysund Register Centre: http://www.brreg.no/english/ • Where can I learn more about investing in Norway? • Invest in Norway: http://www.innovasjonnorge.no/en/start-page/invest-in- norway/ • Where can I find information about Norwegian commercial agents: • Commercial Agents Scandinavia: http://www.commercialagents- scandinavia.com/
  • 26. Virke – The Enterprise Federation of Norway • Virke organizes and represents over 20 000 Norwegian businesses with more than 225 000 employees in Norway. • Virke covers industries such as trade, knowledge, technology, travel, service, healthcare, education, culture and voluntary work. • Virke can be contacted for market information and company matching.
  • 27. Websites with more information 1. Virke – The Enterprise Federation of Norway Website: http://www.virke.no 2. Norwegian Directorate of Customs and Excise Website: http://www.toll.no/ 3. Oslo Chamber of Commerce Website: www.chamber.no 4. International Trade Centre (ITC) Website: http://www.intracen.org/ ITC is the joint agency of the WTO and the UN working to help developing and transition countries achieve sustainable development through exports. 5. Invest in Norway Website: http://www.innovasjonnorge.no/en/start-page/invest-in-norway/ Invest in Norway is the Norwegian Government's investment promotion agency 6. Colombian-Norwegian Chamber of Commerce www.colombia-norway.com
  • 28. Norwegian Ministry of Trade, Industry and Fisheries Thank you for your attention