Tuesday, May 1, 2012

Industry

With the national average income in Norway at $53,300 or 266,500 kroners per capita, Norway has a strong industry. This is easy to see when you look at Norway's top industries which include: Petroleum and gas, food processing, ship building, pulp and paper prouducts, metals,hydro electric power, timber mining, textiles, fishing, transport equipment and electronics. UK, Netherlands, Sweden, France, Germany and U.S. are the major countries that Norway exports its goods to. What also helps in Norways strong economy is it balances its exports with an almost equal ammount of imports from countries like Sweden,Germany, China, Denmark, UK and the U.S.. Other things that aid in its strong economy is its strong agriculture which make a big part of Norways industry. With an unemployment rate of only 3.2% and a work force of 3.6 million people we deffinitely stay busy.

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