Norway is a wealthy, open and mixed economy which is primarily service and manufacturing based.
English is very widely spoken and the UK holds a strong economic relationship with Norway and currently stands as the fourth-largest source of Norway’s imports. Doing business in Norway is similar to doing business in the UK and if your product or service is successful in the UK, it is likely you will be successful in Norway.
Norway possesses extensive reserves of petroleum, natural gas, minerals, lumber, seafood and fresh water, and is the largest producer of oil outside of the Middle East. Like its Nordic and Scandinavian neighbours, Norway ranks highly on the World Economic Forum’s Global Competitiveness Index, and possesses high Human Development Index (HDI) indicators.
Norway boasts a sophisticated and affluent consumer market and currently has the fourth highest
per capita income in the world.
As a member of the European Economic Area (EEA) and European Free Trade Association
(EFTA), Norway is also a commercial gateway. It offers easy access to the growing northern
European markets of the Nordics as well as Germany, Poland and the Baltics. It is a regional
hub with excellent, high-quality air, rail and road networks.
About the guides
The main objective of this Doing Business in Norway Guide is to provide you with basic knowledge about Norway; an overview of its economy, business culture, potential opportunities and to identify the main issues associated with initial research, market entry, risk management and cultural and language issues.
We do not pretend to provide all the answers in the guide, but novice exporters in particular will find it a useful starting point.
This FREE guide is available in 4 formats:
Available on the iTunes App Store and Google play