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Norway

EDC Position-open all programs

EDC's Position

  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of Norway
Map of Norway

Country Facts

Nominal GDP500.07 Billion USD
Population5.08 Million
Total Trade/GDP67.58%
CurrencyNorwegian Kroner (NOK)
Merchandise Imports from Canada2,238.38 Million CAD
Canadian direct investment3,156 Million CAD
Main importsMachinery & Equipment, Manufactured Goods, Chemicals

EDC in Norway

Canadian companies assisted133
International buyers insured287
Business volume124.15 Million CAD

Business Environment

Norway is a wealthy OECD country with a strong commercial relationship with Canada. The country enjoys a stable, healthy, modern economy with a strong political system. As with most modern economies trade is of high importance to Norway‘s market and the potential for Canadian companies is high. EDC sees excellent business and investment potential across a wide range of sectors in the market.

Key Industries

  • Cleantech
  • Construction & Infrastructure
  • Oil and Gas
  • Telecom

How we can support your business

Through our Head Office operations in Ottawa, we provide support to Canadian companies planning on or currently doing business in Norway. Our market experts have developed strategic relationships with major buyers in several sectors as well as a network of local contacts in the market.

  • We are positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.
 

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