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Norway

EDC Position-open all programs

EDC's Position

  • Targeted approach to 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 GDP511.16 Billion USD
Population5.05 Million
Total Trade/GDP66.51%
CurrencyNorwegian Kroner (NOK)
Merchandise Imports from Canada2,063.81 Million CAD
Canadian direct investment3,059 Million CAD
Main importsMachinery & Equipment, Manufactured Goods, Chemicals

EDC in Norway

Canadian companies assisted139
International buyers insured233
Business volume162.93 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. Trade is of high importance to Norway‘s market and the potential for Canadian companies is high. We see an excellent business and investment potential across a wide range of sectors.

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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