The overall economic and trade relationship is strong, and Norway’s import climate is generally open and receptive to U.S. products and investments, although the agriculture sector is well protected through trade barriers.  For information on existing trade barriers (please see Leading Sectors for U.S. Exports below to learn more about the agriculture sector), use the link to the National Trade Estimate Report on Foreign Trade Barriers, published by the United States Trade Representative (USTR). 

The domestic market is small, but the country can serve as an attractive base for business operations in the Nordic and Baltic markets.  Norway adheres to European Union sanctions against Russia, including those with an economic focus.