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| SECTOR | IMPORTS | 5Y/YR | RANK | EXPORTS | 5Y/YR | RANK |
|---|---|---|---|---|---|---|
| Industrial Machinery | $1.87B | +1.0% | 43 | $812.8M | +1.6% | 40 |
| Automation and Robotics | $956.1M | +3.4% | 38 | $1.12B | +6.7% | 31 |
| Pumps and Valves | $1.81B | +4.0% | 35 | $1.31B | +7.4% | 31 |
| Material Handling | $1.06B | +1.8% | 32 | $268.4M | -2.3% | 36 |
| Food Processing Equipment | $356.2M | -3.2% | 39 | $70.8M | -7.7% | 44 |
| Steel and Metal Products | $10.6B | +2.2% | 35 | $11.4B | +3.5% | 34 |
| Specialty Chemicals | $2.00B | +0.6% | 46 | $1.12B | -2.6% | 44 |
| Plastics and Polymers | $2.91B | +3.1% | 50 | $1.73B | +8.9% | 46 |
| Packaging | $995.5M | +2.4% | 33 | $233.6M | +0.2% | 59 |
| Industrial Textiles | $390.6M | +0.8% | 40 | $145.0M | -0.9% | 43 |
| Electrical Equipment | $3.53B | +5.7% | 40 | $1.24B | +5.0% | 49 |
| Semiconductors and Industrial Electronics | $587.9M | +7.6% | 52 | $121.5M | -0.8% | 53 |
| Automotive Components | $1.68B | +1.8% | 44 | $658.9M | -0.4% | 45 |
| Aerospace Components | $1.94B | +7.9% | 31 | $789.2M | -0.1% | 32 |
| Medical Devices | $1.34B | +2.2% | 37 | $574.7M | -3.3% | 39 |
| Construction Materials | $858.9M | -1.6% | 41 | $385.3M | +4.5% | 53 |
| HVAC and Industrial Refrigeration | $919.5M | +2.9% | 41 | $79.4M | -1.4% | 61 |
| Power Generation Equipment | $277.3M | -24.0% | 55 | $230.6M | -5.6% | 32 |
| Water Treatment Equipment | $285.7M | +4.5% | 37 | $89.5M | -3.9% | 45 |
| Mining Equipment | $1.56B | +0.5% | 27 | $559.2M | +3.2% | 29 |
World Bank, World Development Indicators (CC BY 4.0)
AxFlow Norway acquired Tromek Service AS, a provider of installation, maintenance and repair services for water and wastewater infrastructure in the Trondheim region.
BEL Valves supplied CL900 topside split gate valves worth six figures to Equinor for its Kårstø processing plant in Norway. The valves were chosen for shorter lead times.
Aker Solutions was awarded a contract by Tussa Energi to supply all electromechanical equipment for the 150 MW Tussa II hydropower plant in western Norway. Project delivery is scheduled for 2030; the contract value is given only as a range of NOK 500 million to 1.5 billion.
ABB will supply control and apparatus systems, including a distributed control system, switchgear and transformers, for Hydro Energi's pumped storage power plant under construction at Illvatn, Norway. The plant adds a net 107 GWh of yearly renewable power production; financial details were not disclosed.
SLB OneSubsea has been awarded an engineering, procurement and construction contract by Equinor to upgrade the subsea compression system at the Gullfaks field in the Norwegian North Sea, replacing two compressor modules supplied in 2015.
Redox, a supplier of oxygen and water treatment systems for aquaculture, has agreed to buy compressor and compressed-air equipment firm Trykkluftservice in Møre og Romsdal, Norway. The seller's eight employees transfer with the business; financial terms were not disclosed.
Biowater Technology AS signed a contract to supply and install pumps, valves, instrumentation, mechanical equipment and stainless steel piping for the Kongshaugen wastewater treatment plant in Ålesund, Norway.
Biowater Technology AS was awarded and signed the final contract to supply and install mechanical and process equipment for the Kongshaugen wastewater treatment plant in Ålesund, including pumps, valves, instrumentation and stainless steel piping.
Norwegian shipyard VARD contracted PG Flow Solutions to supply the engine room pump system, including coolers, bilge, ballast and fire water pumps, for the autonomous electric container vessel Yara Birkeland. The article text references 2019 delivery dates, so the announcement date may be earlier than the article date.
Framo is expanding its Holsnoy factory in Vestland County with two new 10,000 square metre production halls, part of a program estimated at SEK 4 billion for site consolidation and capacity upgrades through 2032. The site will become Framo's focus for aquaculture production and future offshore expansion.
PTG Frionordica signed a contract with Artec Aqua to deliver heat pump and heat recovery solutions to smolt producer Sævareid Fiskeanlegg, with delivery planned for late 2026 and start-up in spring 2027.
TechnipFMC was awarded a significant integrated engineering, procurement, construction and installation contract by Equinor for the Heidrun extension project in the Norwegian North Sea. The contract is valued between 75 and 250 million US dollars.
BEL Valves supplied CL900 split gate valves worth six figures to Equinor for its Kårstø gas processing plant in Norway, with the valves installed during a part shutdown. The announcement was made on July 1, 2025.
Newcastle-based BEL Valves supplied valves worth six figures to Equinor for its Kårstø processing plant in Norway, ahead of a planned summer shutdown.
KAEFER Norway has secured a long-term framework agreement with Aker BP ASA for ISO maintenance on offshore installations, lasting up to 17 years and providing work for around 350 people offshore. The article is dated 30 May 2025.
Ofa Iks Kristiansand awarded Empakk AS a framework agreement for food packaging supplies, with a lot value of about NOK 16 million (EUR 1.4 million). The award notice was published on 29 April 2025.
Equinor has given TechnipFMC a large integrated EPCI contract for the Johan Sverdrup Phase 3 development in the Norwegian North Sea, covering subsea production systems, umbilicals and rigid pipe, valued at $500 million to $1 billion.
ANDRITZ will supply electromechanical equipment, including two 55 MW Pelton turbines and generators, for the new Øksenelvane hydropower plant in Bremanger, Norway, awarded by SFE's subsidiary Firdakraft. Completion is scheduled for 2028.
ANDRITZ won a contract from Firdakraft AS, a subsidiary of Sogn og Fjordane Energi, to supply electromechanical equipment for the new Øksenelvane hydropower plant in Bremanger. The scope includes two 55 MW Pelton turbines and generators, with completion scheduled for 2028. The contract was announced on 22 January 2025 and its value was not disclosed.
Delta-p, Pumpe og Kompressor Systemer AS is set to merge with Haakon Larsen AS to form Shift Energy Holding AS, an industrial platform with pro-forma 2024 turnover of NOK 500 million. Delta-p shareholders will hold a 50% stake in the new group.
Mokveld has been awarded the subsea anti-surge control valves for the Åsgard Subsea Gas Compression Project offshore Norway.
Norwegian turnkey rotating equipment specialist Delta-p merged with Haakon Larsen and Greenerway to form Shift Energy Holding, with Delta-p shareholders taking a 50% stake; EY advised.
Oslo kommune's water and sewage etaten awarded a direct contract worth NOK 5,000,000 (about EUR 428,236) to Aiwell Water AS for valves used in wastewater installations in the Fjellhus-Breivoll area. The award was published on 13 December 2024.
Nekkar subsidiary Syncrolift received a notice of contract award from the Norwegian Defense Estate Agency to deliver a newbuild shiplift and subsequent service and maintenance for the Haakonsvern naval base in Bergen, with a combined value of NOK 205 million.
Hawk Infinity AS acquired 100% of the shares in Nordic Flow AS, a Norwegian turnkey pump systems specialist serving offshore and high-end industries. Nordic Flow founders sold the company, and EY advised on the sale.
