{"id":29701,"date":"2023-02-06T15:27:49","date_gmt":"2023-02-06T13:27:49","guid":{"rendered":"https:\/\/toimetaja.eu\/export-to-norway\/"},"modified":"2023-04-07T23:18:43","modified_gmt":"2023-04-07T20:18:43","slug":"export-to-norway","status":"publish","type":"page","link":"https:\/\/transly.eu\/?page_id=29701","title":{"rendered":"Exporting to Norway"},"content":{"rendered":"
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The Norwegian language<\/h2>\n\n\n\n

Norwegian<\/strong> has a total of 5 million native speakers. The Norwegian language has two official forms, of which Bokm\u00e5l is the most widely used.<\/p>\n\n\n\n

All Scandinavian languages \u200b\u200b\u2013 Norwegian, Danish, Swedish, Icelandic and Faroese \u2013 are descended from Old Norse. Thus, Swedish, Danish and Norwegian are deeply similar, with the latter two \u2013 Danish and Norwegian \u2013 being especially alike.<\/p>\n\n\n\n

The Norwegian language only split from Danish in the course of Norway\u2019s quest for independence in the 19th century. Norwegian is a tonal language \u2013 it sounds lyrical. Tonality is a rare phenomenon in the Indo-European languages and is more common to Asian languages, such as Chinese.<\/p>\n\n<\/div><\/div>

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Exporting to Norway<\/h2>\n\n\n\n

Norway is an attractive export market for European businesses, as Norway\u2019s economy<\/strong> is strong and stable, and Norwegians have high purchasing power. The success of Norway\u2019s economy<\/strong> is built on the oil industry, maritime trade and shipbuilding, fishing and fish farming, and timber production and processing. Norway\u2019s economic growth<\/strong> has remained steady for decades. The salaries and standard of living of Norwegians are high, which makes it a sound choice to export products produced in other countries to Norway<\/strong>, where they can potentially be sold at significantly higher prices. To read more about Norwegian economic relations<\/strong>, visit the website of Norway exports<\/a>.<\/p>\n<\/div>\n<\/div>\n\n\n

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Norway’s main import goods<\/h2>\n\n\n\n

Norway\u2019s main imports<\/strong> are machinery and transport equipment, various products, foodstuffs and raw materials, as well as oils and lubricants. For example, Estonia\u2019s main exports to Norway<\/strong> are wooden and modular houses, metal structures, as well as promotional materials and other printed products. This graph depicts the main Norwegian imports.<\/strong><\/p>\n\n<\/div><\/div>

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Entering the Norwegian market: an analysis<\/h2>\n\n\n\n

Before entering a new market it is always sensible to analyse the environment regarding the product or service you wish to offer. This also holds true when entering the Norwegian market. One way to analyse the macro-environment of an export market is to use DESTEP analysis<\/strong>. While SWOT analysis<\/strong> provides a sound overview of the company and the micro-environment of the export market, DESTEP analysis enables you to obtain a thorough picture of its macro-environment.<\/p>\n\n\n

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Using the DESTEP model for analysing an export market<\/h2>\n\n\n\n

To use the DESTEP model, write down everything related to exporting your product to the Norwegian market for each factor. Consider the following questions:<\/p>\n\n\n\n

The figure shows the DESTEP model.<\/strong><\/p>\n\n<\/div><\/div>

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The demographic factors of the export market<\/h2>\n\n\n\n