The main traditional industries in Norway are hydropower, gold management, paper making, non-wood processing and shipbuilding.

Norway's shipbuilding industry is its traditional industry, once the economic pillar of Norway, and it is still one of the main industries in Norway. Norway has rich experience and advanced technology in this field. In recent years, due to the competition from other countries (including China), shipbuilding orders have gradually shifted outward. However, Norway still retains high-tech special ship manufacturing capabilities and a large number of advanced marine equipment manufacturing enterprises. Norway's technology in manufacturing large cruise ships, liquefied natural gas carriers, ro-ro ships, high-tech fishing boats, refrigerated ships, maritime supply ships, high-speed catamarans and seismic exploration ships is at the advanced level in the world.

Geographical advantages are ocean, technological advantages, convenient shipping and convenient resource acquisition.