Bananas — Terms of trade in Norway

Norway: Bananas — Terms of trade was 5.3 % in 2024. ◆ Volatile

Latest (2024)
5.3 %
Change on year
down 51.2%
World rank
82nd
of 82 countries
All-time high
261.52 %
in 2014
All-time low
0 %
in 2012
Years of data
11
2010–2024

Bananas — Terms of trade in Norway, 2010–2024

01002003002010201720242010: 6.8 %2011: 9.5 %2012: 0 %2013: 0 %2014: 261.5 %2015: 5.3 %2016: 4.4 %2017: 4.3 %2019: 5.2 %2023: 10.8 %2024: 5.3 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, bananas — terms of trade in Norway stood at 5.3 %.

The figure is down 51.2% on the previous year and down 98.0% over ten years.

Over the whole period, bananas — terms of trade in Norway peaked at 261.52 % in 2014 and was at its lowest, 0 %, in 2012.

That places Norway 82nd out of 82 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Bananas — Terms of trade in Norway, year by year

Annual values for Bananas — Terms of trade in Norway, 2010 to 2024.
Year % Change
2010 6.75 %
2011 9.51 % +40.9%
2012 0 % -100.0%
2013 0 %
2014 261.52 %
2015 5.34 % -98.0%
2016 4.42 % -17.2%
2017 4.28 % -3.2%
2019 5.16 % +20.6%
2023 10.85 % +110.3%
2024 5.3 % -51.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 33 % 0 % 261.52 % 9
2020s 8.07 % 5.3 % 10.85 % 2

Countries ranked near Norway

  1. 79 Republic of Korea 10.38 % compare
  2. 80 China, Taiwan Province of 6.81 % compare
  3. 81 Pakistan 5.48 % compare

See the full ranking of 86 places →

More agriculture & rural data for Norway

All data for Norway →

Frequently asked questions

What is bananas — terms of trade in Norway?
Bananas — terms of trade in Norway was 5.3 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest bananas — terms of trade recorded in Norway?
The highest recorded value was 261.52 % in 2014.
What is the lowest bananas — terms of trade recorded in Norway?
The lowest recorded value was 0 % in 2012.
How does Norway rank for bananas — terms of trade?
Norway ranks 82nd out of 82 countries with data for 2024.
Is bananas — terms of trade rising or falling in Norway?
Over the last ten years it is down 98.0%. The long-run trend across the full record is volatile.
Where does this Norway data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Bananas — Terms of trade. Statizoid updates them automatically from the source API.

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Bananas — Terms of trade in Norway. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://agriculture.statizoid.com/stat/bananas-terms-of-trade/norway/

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About this data

Indicator
Bananas — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,143 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK