US Tariff Exposure
US Tariffs on Norway
Updated August 2026 · source: USTR Section 301 & Federal Register
Norway exports salmon, oil, and metals. A 15% tariff could raise the price of Norwegian salmon at your grocery store. Norway's massive sovereign wealth fund owns about 1.5% of every publicly traded company in the U.S.
Norway tariff rates by sector
| Sector | US tariff rate | Source |
|---|---|---|
| Seafood | 15% | USTR / official |
| Energy | 15% | USTR / official |
| Metals | 15% | USTR / official |
| Petroleum | 15% | USTR / official |
| Metals & Alloys | 15% | USTR / official |
Norway trade & debt exposure to the US
- U.S. Treasury Holdings $87.5B Via sovereign wealth fund
- U.S. Equities $590B Norges Bank Investment Management
- U.S. Real Estate $12B Commercial property holdings
Norway tariffs — FAQ
What is the US tariff rate on Norway?
Norway faces an effective US tariff of 12.5%, with Seafood seeing the highest sector rate at 15%. Rates are drawn from USTR Section 301 schedules and recent Federal Register actions.
Which Norway sectors are hit hardest by US tariffs?
Seafood (15%), Energy (15%), Metals (15%).
What does Norway's tariff impact score mean?
41/100 — FinBrio's impact score combines the headline tariff rate, how many sectors are affected, and the country's trade exposure to the US into a single 0–100 measure of how hard US trade policy hits it.
See Norway's exposure — and 113+ more — live
FinBrio ranks every country by US tariff rate with per-sector detail, impact scores and plain-English context. Free on iOS and the web.