Norway reports dip in defence exports
The value of defence equipment exports from Norway fell by 8.3% in 2019, according to a report issued by the government on 12 June.
In 2019, Norwegian companies exported arms, ammunition and other military equipment worth around NOK4.4 billion ($460 million), down from the NOK4.8 billion recorded for 2018.
The overall value of exports of defence-related products and services, technology and dual-use items for military use from Norway in 2019 was just under NOK5.6 billion, the government announced.
NATO allies plus Sweden and Finland were the main overseas destinations for Norwegian defence sales in 2019, accounting for 90% of the total.
A total of 29 export licence applications were denied in 2019. ‘Norway has strict regulations in place for exports of defence-related products,’ said foreign minister Ine Marie Eriksen Søreide. ‘We follow a precautionary approach and have a low threshold for denying export licences.’
She added: ‘We will seek to facilitate Norwegian companies’ participation in international projects, and to ensure that the conditions of competition are as equal as possible for companies in all the countries concerned.’
As part of our promise to deliver comprehensive coverage to our Defence Insight and Premium News subscribers, our curated defence news content provides the latest industry updates, contract awards and programme milestones.
More from Defence Notes
-
![US speeds up B61-13 nuclear bomb production as programme moves further ahead of schedule]()
US speeds up B61-13 nuclear bomb production as programme moves further ahead of schedule
The US government plans to accelerate production even further after achieving key B61-13 milestones months ahead of schedule, as the programme advances amid growing US-China strategic competition.
-
![Canada’s C$2 billion ACSV deal reinforces new defence industrial strategy as allies align]()
Canada’s C$2 billion ACSV deal reinforces new defence industrial strategy as allies align
General Dynamics Land Systems-Canada is the country’s first strategic partner under the Defence Industrial Strategy’s Strategic Partnership Framework, an effort to provide companies with confidence to invest and boost the defence labour force.
-
![New UK armed forces minister frames High North defence as vital to “homeland security”]()
New UK armed forces minister frames High North defence as vital to “homeland security”
The UK’s Minister for the Armed Forces Louise Sandher-Jones made her first appearance in the role before the House of Commons Defence Committee this week to highlight efforts to improve capability in the High North.
-
![Canada seeks to strengthen industrial ties with the US on classified programmes]()
Canada seeks to strengthen industrial ties with the US on classified programmes
Ottawa explores expanding defence-industrial cooperation with Washington into sensitive programmes, an approach that could reshape NORAD modernisation, strengthen North American supply chains and create new opportunities for defence contractors.
