NORWAY
Our Featured Country
Norway is on the northern edge of the European continent and the western edge of the Scandinavian Peninsula. More than 50% of its border is the maritime coast of the Barents, Norwegian and North Seas.
Norway is not a member of the European Union. Together with Iceland, Liechtenstein and Switzerland, it is part of the European Free Trade Association. But because Norway is also a member of the European Economic Area, economic rules are the same as the European Union for several industry sectors.
Norway is a small country of only 4.8 million inhabitants. Nevertheless, the country is the third largest oil exporter in the world and the second largest seafood exporter. 60% of the country’s trade is with other European countries. Services such as maritime freight, finance and services to enterprises make up 50% of Norway’s GDP.
To evaluate business opportunities with Norway visit Nortrade, the official Norwegian trade portal. The website provides Norwegian business news, industrial studies and directories of Norwegian companies indexed by industry sector.
To learn more about the country, visit Norway.org, the official site in the United States, or the website of FITA member association Norwegian-American Chamber of Commerce. And don't forget also the website of the U.S. Commercial Service in Norway. The site offers extensive information about the markets and business culture there.
If that's not enough, you'll also find plenty of good research at the Norway Mini Portal, a feature of the FITA Web site. The Norway Mini Portal has an overview of Norway, with facts about the language, currency, climate, etc., plus more specific information about the economy, markets, taxes, labor market indicators, and tips on doing business in Norway.
The Norway Mini Portal is one of many research gateways at the FITA site. To find Mini Portals for other regions or countries, just click on "Country Profiles" from within a Mini Portal, or at the FITA home page.
TRADE DATA ONLINE (TDO)
US and Canadian Trade Data
When looking for new opportunities it is important to study existing trade flows between countries. They are good indicators about what might be already saturated or still under-exploited for sales or outsourcing. Trade Data Online
is a compilation of the latest data from Statistics Canada and the US Census Bureau. Search the export or import flows from or to the US or the Canada that corresponds to the HS code of your product or industry sector. For Canada, data are also displayed by province and territories.
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THE JOURNAL OF COMMERCE
http://www.joc.com
Since 1827, The Journal of Commerce has been the most trusted source of intelligence for international logistics executives to help them plan global supply chains and better manage day-to-day transportation of goods and commodities in the United States and internationally.
JOC members have access to our weekly print and digital magazine as well as our web site www.joc.com. Authoritative editorial content in the form of daily news, weekly analysis and regular features ensure our members have the information and data necessary to understand the issues facing trucking, rail and maritime transportation. Members enjoy access to “By the Numbers,” an exclusive weekly compilation of key industry statistics that provide detailed views of current market trends across all modes. Regular market intelligence reports, utilizing PIERS trade data, include Top 100 Imports and Exporters, quarterly Top 40 Container lines, Transpacific and Transatlantic Maritime Forecasts and Top Container Ports and Terminals. Market-sector supplements including Breakbulk, Cool Cargoes, 3PL, JOC Guide to Trucking and others ensure all modes are comprehensively covered.
Other Member benefits include our, a 10% discount on all JOC Conferences and trade shows, UBM Global Trade Directories and select PIERS products.
Visit www.joc.com today to start your 4 week free trial! |
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BUSINESS MONITOR INTERNATIONAL
A Store for Market Studies
If your are looking for a readymade market study take a look at Business Monitor International and do your shopping online. Business Monitor International is an independent company, headquartered in London, that employs specialist analysts and researchers across the globe.
IMF DATA MAPPER
Worldwide Economic Indicators Mapper
Keeping up to date with worldwide economic conditions is crucial for success in your global business. You may already be familiar with the World Economic Outlook database (WEO) of the IMF, which has macroeconomic data for most countries. The IMF Data Mapper is a complementary tool. It projects the WEO data on to a map and offers a quick way to compare countries. You can use it, for example, to enhance a PowerPoint presentation: make a selection, copy the screen and add the image! It will make the presentation more dynamic and less academic than just a display of tables and figures.
U.S. COMMERCIAL SERVICE EVENTS AND WEBINARS
Resources for Going Global
The U.S. Commercial Service, a division of the International Trade Administration of the U.S. Department of Commerce, sponsors and participates in many events and webinars that help U.S. exporters sell overseas and help overseas buyers learn about U.S. exports. The Commercial Service has a searchable database of these events worldwide at http://www.export.gov/each/trade_events.asp. Below are some upcoming events:- Webinar Series: Trade Winds 2010: “The Americas,” a series of webinars through March 2010 about doing business in the Americas. Identify the strongest markets for export for your products in North, Central and South America.
- ExporTech – “Doing Business in the Americas,” December 3-4, Atlantic City, NJ and December 7-8 in White Sulphur Springs, West Virginia. A two-day, intensive education program designed to jump start your export growth in Latin America and other foreign markets.
- Complying with U.S. Export Controls. January 26-27, 2010, Scottsdale, AZ. An in-depth examination of the Export Administration Regulations (EAR).
- Medical Trade Mission to India, March 8-13, 2010. A special trade mission for manufacturers of medical products/equipments, laboratory and diagnostics products and healthcare and related service providers.
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