In 2024, the share of transport services in Norway’s commercial service imports is forecasted to stand at 22.37%. This represents the starting point for our period of analysis, with a year-on-year decrease observed through subsequent years. By 2028, this figure is expected to decline to 20.68%. The annual percentage variation shows a continuous downward trend, with the share decreasing gradually each year. We see a year-on-year decline and the average annual decrease over the five-year period, measured by the Compound Annual Growth Rate (CAGR), indicates a consistent reduction in the share of transport services in overall commercial service imports.
Future trends to watch for include potential shifts in global transport dynamics, technological advancements in logistics and transportation, and changes in Norway's trade policies. Additionally, sustainability initiatives and environmental regulations could further impact the demand and share of transport services in commercial imports.
