More than 2,500 Swedish companies and subsidiaries are active on the Norwegian market. Our economic and cultural bond with Norway is further strengthened by the extensive cross-border trade. When both import and export of goods and services are taken into account, Norway is Sweden’s most important trade partner. Our main exports to Norway are services, machinery, motor vehicles, chemical products, furniture and telecommunication products.

valuable business opportunities

In recent years, the general demand for foreign goods and services has increased, especially through new e-commerce businesses. Norwegians are the most frequent online shoppers in the EU, which can be explained by a high disposable income and extensive purchasing power. Measured in GDP per capita, Norway belongs to the richest countries in the world. Besides retail, Swedish companies have valuable business opportunities within infrastructure, automation, environmental technology and the oil and gas sector.

high chances of success

Norway and Sweden collaborate closely in many ways, in large part thanks to our common history, cultural heritage and geographical proximity. Together with our strong economic ties and similar language, Swedish companies have excellent chances of establishing a successful business in Norway.

Similarities and differences

Despite all the similarities between the two countries, it is wise not to disregard the differences that do exist. As our Trade & Invest commissioner Jessica Olsson explains in the interview below, it is wise to familiarise yourself both with Norwegian culture and trade regulations. The fact that Norway is not part of the EU has implications for trade, and it is important to understand conditions regarding import duties, VAT regulations and local demands for physical establishment.

How we can help

Business Sweden has been active in Norway for more than 40 years. Our office in central Oslo provides advice and hands-on support for Swedish companies that need help to make the most of their business venture in Norway. We also have a team of business developers in Sweden, who can guide you through the early stages of your expansion in Norway.