Norway's Sea-Dependent Industries
Norway's economy is deeply maritime:
- Oil & Gas: North Sea production = ~20% of GDP, 50% of exports; sovereign wealth fund ($1.4T+).
- Shipping: 5th largest fleet globally; leaders in specialized vessels (LNG, offshore, cruise).
- Fisheries & Aquaculture: World's 2nd largest seafood exporter (salmon, cod, herring); sustainable management.
- Coastal Tourism: Fjords, northern lights, cruise ports—growing revenue stream.
Marine sectors collectively dominate Norway's export economy and global identity.