Judy Genshaft

University of South Florida

“The Tampa Bay Trade & Protocol Council is an integral part of our region’s international trade strategy"

President Ronald L. Vaughn

The University of Tampa

"The Tampa Bay Trade & Protocol Council has a lead role in helping to rebuild these relationships for our community.”

Bob Rohrlack

Greater Tampa Chamber of Commerce

Greater Tampa Chamber of Commerce commends the Mayor and County on their vision to strengthen Protocol with an international trade component.

Norway

About
Norway is situated in the northern side of Europe next to Sweden. It extends about 1,100 miles from the North Sea along the Norwegian Sea to more than 300 miles above the Arctic Circle (2). Norway is not part of the European Union.

Norway’s natural resources include petroleum, copper, natural gas, pyrites, nickel, iron ore, zinc, lead, fish, timber and hydropower (2). Its economy is structured as followed (in % of GDP): services 56.5%, industry 42.3% and agriculture 1.2% (2013) (1).

Norway’s agriculture products include barley, wheat, potatoes, pork, beef, veal, milk and fish (1). Its industries include petroleum and gas, food processing, shipbuilding, pulp and paper products, metals, chemicals, timber, mining, textiles and fishing (1).

Norway’s top exports commodities include petroleum and petroleum products, machinery and equipment, metals, chemicals, ships and fish. Its top imports commodities include machinery and equipment, chemicals, metals and foodstuffs (2).

Norway’s mains ports and terminals are Bergen, Drammen, Floro, Hammerfest, Harstad, Haugesund, Kristiansand, Larvik, Narvik, Oslo, Porsgrunn, Stavanger, Troms and, Trondheim (2).
 

Trade Statistics
Norway was the United States' 47th largest goods trading partner with $10 billion in total goods trade during 2013. In 2013, Norway was the United States' 46th largest goods export market and 45th largest supplier of goods imports (3). And in 2012, United-States was Norway’s 6th main import and export partner (1).

The US is Norway’s most important ally; they work closely together on a wide range of important issues. The United States and Norway have a dynamic economic partnership that is creating jobs, driving the development of safe and secure energy sources, and fostering a healthy environment (4). 

Trade Numbers
  • United States’ goods and private services trade with Norway in 2012: $16 billion (3)
  • United States’ goods and services import from Norway in 2012: $9 billion (3)
  • United States’ goods and services export to Norway in 2012: $7 billion (3)
  • United States’ goods import from Norway in 2013: $5.5 billion – (a 16.4% decrease ($1.1 billion) from 2012) (3)
  • United States’ goods exports to Norway in 2013: $4.5 billion - (up 28.2% ($987 million) from 2012) (3)
  • Imports from Norway to Tampa Port Authority in 2010: $19,701,057 (5)
  • Exports from Tampa Port Authority to Norway in 2010: $0 (5)

Export Companies 
Norway owns 3 companies in Tampa Bay (6).

Company City Parent Country # of Employees 6 Digit NAICS Titles
Hydro Is Partner Americas Tampa Norway <10 999990 - Unclassified Establishments
Wilhelmsen Ships Service, Inc. Tampa Norway <10 488320 - Marine Cargo Handling
Yara North America, Inc. Tampa Norway 50 to 99 424910 - Farm Supplies Merchant Wholesalers


References
  1. https://www.cia.gov/library/publications/the-world-factbook/geos/no.html
  2. http://www.infoplease.com/country/norway.html
  3. http://www.ustr.gov/countries-regions/europe-middle-east/europe/norway
  4. http://norway.usembassy.gov/bilats.html
  5. http://www.worldportsource.com/trade/byPort/NOR/USA_FL_Tampa_Port_Authority_96.php
  6. http://www.tampabay.org/sites/default/files/NEW%202011%20FDI%20STUDY_0.pdf