Norway industry research

1. INDUSTRIES

2. NORWAY INDUSTRIES
• Norway has three world-leading industries (global knowledge hubs) in the oil
and gas, maritime and the seafood sectors. Renewable energy, the
cleantech industry in general and the medical/biotechnology area, all
represent interesting, emerging industries.
• Norway has also a strong tradition within metals and materials, very much
based on clean energy. Finally, you will find strong industry clusters and
environments within finance, IT and knowledge-based services. Below, you
will find a more in-depth description of some of these industries.

3. DEFENCE & SECURITY
TECHNOLOGY
• Norway plays a significant big role in global security and the production of
defence products.
• Norwegian exports of defence equipment and products are showing strong
growth, increasing from NOK 2.9 billion in 2005 to about 4.8 billion in 2009.
Over the period from 2008 to 2009 alone, the exports rose by around 17
percent. The high growth is due both to the fact that the Norwegian
defence industry is highly competitive and to the constructive relationship
that exists between the armed forces and industry.

4. OIL AND GAS
• Norway is the world’s second biggest exporter of natural gas and the fifth
biggest exporter of oil. Hence, the petroleum industry is the most important
industry in Norway.

5. MARITIME
• Norway counts for less than one per mille of the world’s population, but is a
super power in maritime business. The maritime sector comprises 7 500
companies, 100 000 employees, a turnover of 410 billion NOK.

6. SEAFOOD
• The fishing and aquaculture industry is one of Norway’s foremost export
industries and is vital for settlement and activities along the Norwegian coast.

7. ENERGY & ENVIRONMENT
• Norway is a pioneer in renewable energy and environmental technology.
The nation has set ambitious targets for more sustainable energy use.

8. GREEN IT
• The ability to use IT technology is one of the main reasons for the very high
productivity in the Norwegian society. The Norwegian IT industry started in
the 1950’s and is today one of the most important land-based industries.

9. HEALTHCARE
• The healthcare sector spans a wide range of technologies and expertise,
from drug discovery, diagnostics to medical devices and health related ICT.

10. FORESTRY
• The forestry industry has long-standing traditions in Norway. In the processing
industry, Norway has one of the world’s leading technological environments
related to products that use wood as an input factor.

11. MAIN EXPORT GOODS