The main areas of Norwegian trade and investment in South Africa are within information technology, energy and oil and gas related technologies. South African exports to Norway are mainly minerals and agricultural products. The Norwegian Government Pension Fund - Global, the second largest sovereign fund in the world, has an investment portfolio on the Johannesburg Stock Exchange valued at appr. R 12 bn (NOK 10,1 bn) (31.12.09.
This is a sovereign wealth fund where the surplus wealth produced by Norwegian petroleum income is held. Current value (beginning of 2010) is NOK 2 688 billion (R 3 200 bn), and it owns over 1 percent of all global stocks. The Commercial Section of the Royal Norwegian Embassy, Innovation Norway, is located in Sandton, Johannesburg.