EFTA and Vietnam sign deal to phase out tariffs on most Norwegian exports
Norway says about half of its exports will enter duty-free when the deal takes effect, rising to more than 98% within seven years.
Event / data period: 2026-10-18
Published: · Updated:
Norway and the other EFTA states signed a free-trade agreement with Vietnam on 18 October. Norway’s foreign ministry says about half of Norwegian goods exports to Vietnam will be duty-free when it takes effect, rising to more than 98% within seven years. The release gives no entry-into-force date.
Vietnam currently applies tariffs of up to 15% to Norwegian salmon and mackerel. Salmon will become duty-free when the agreement takes effect; mackerel duties will be phased out over three years. Norway reported bilateral goods trade of about NOK 19 billion in 2025. The agreement also covers investment, services and sustainable development.
Data
Tariff and trade details
Reported tariff timetables and bilateral trade total.
| Tariff coverage | About half duty-free when effective; more than 98% within seven years. |
| Seafood schedule | Salmon duty-free on entry into force; mackerel duties phased out over three years. |
| Goods trade in 2025 | Norway reported about NOK 19 billion in bilateral goods trade. |
Methodology
The table reproduces figures and timing in Norway’s government release; no effective date is inferred.
Updated:
Subjects and places
Subject proposals
- Business enterpriseSuggested
- Preserved editorial category/topic; broad candidate onlywww.regjeringen.no ↗
Geographic references
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- Norway · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.regjeringen.no ↗