Fossil Fuel Trade Between Norway and The Netherlands
Oil and gas trade forms a central pillar of economic exchange between Norway and the Netherlands, with Norway serving as a key supplier. Exports have grown steadily over time, and gas exports in particular surged sharply following the Russian invasion of Ukraine, underscoring Norway’s role in strengthening European energy security.
Fossil Fuel Exports To The Netherlands
According to data from Statistics Norway (SSB), Norwegian oil and gas exports to the Netherlands have shown strong long-term growth, with exports consistently outpacing imports and resulting in a sizeable trade surplus. Over the past five years, the pattern has become even clearer: while oil exports have grown steadily, gas exports surged dramatically following the Russian invasion of Ukraine in 2022. Notably gas exports fell dramtically in 2012 coinciding with The Great Dutch Gas Transition. The chart below highlights this shift, showing percentage changes that at times exceed several thousand percent compared to the base level, underlining Norway’s pivotal role as a reliable energy supplier to the Netherlands and the wider European market.
* Import mainly consists of foreign-produced goods brought into Norway. This may also include re-import of originally Norwegian-produced goods and processed goods.
*Export mainly consists of domestically produced goods sent out of Norway, as well as re-export of originally foreign-produced goods and processed goods.
The figures are sourced from Utenrikshandel med varer, hovedtall (mill. kr), etter varestrøm, statistikkvariabel og måned in Statistics Norway’s open database. The all-time cumulative development is illustrated in the chart above.