Economy of Normark
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Currency | Norse krone (kr) |
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Trade Organizations | |
Major Industries |
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Exports | kr 880 billion (estimated) |
Main Export Goods |
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Main Export Partners | |
Imports | kr 690 billion (estimated) |
Main Import Goods |
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Main Import Partners |
The economy of Normark is a diverse and robust mixed economy, characterized by a unique blend of traditional industries, modern manufacturing, and innovative sectors. It encompasses a wide range of activities including agriculture, fisheries, advanced manufacturing, and a distinctive "Green sector" that capitalizes on the country's relationship with the neighboring unclaimed regions of northern Keltia, known as the Keltian Green. This economic diversity has contributed to Normark's resilience and prosperity in the face of challenging environmental conditions and economic fluctuations.
Agriculture forms a significant component of Normark's economy, with production varying by bailiwicks. The southern areas primarily cultivate cereals such as rye, barley, wheat, and maize, while the northern regions focus on root vegetables including potatoes, carrots, beetroot, and sugarbeet. Cabbage cultivation is widespread throughout the country. Notably, Normark has a thriving herding industry, with reindeer herding providing meat, leather, and bone products, while sheep herding contributes meat, dairy products, and wool for the textile industry. The fisheries and whaling sector is another cornerstone of Normark's economy. This industry encompasses a wide range of marine resources, including whales, seals, sea lions, and various fish species such as halibut, salmon, cod, and herring. These marine products are vital for both domestic consumption and export, providing meat, oil, fur, and other valuable commodities.
Normark's industrial sector is highly developed and diverse. Key industries include manufacturing, with a focus on machinery, arms production, snow vehicles, and hovercrafts capable of navigating both ice and water. The food processing industry is also significant, specializing in the preservation of fish, meat, starch products, and jams. This sector leverages Normark's abundant natural resources and contributes substantially to its export economy.
A unique aspect of Normark's economy is the "Green sector," which refers to the country's economic relationship with the neighboring Keltian Green. This sector involves trading with Green communities and peoples, exchanging goods such as pelts, furs, handicrafts, and textiles. Additionally, Normark funds scavenging missions called razzias to recover valuable resources from the ruins of former states in the Green, including metals, rare minerals, medicinal products, and military equipment. The Green Trade is notably dominated by a branch of the Einhorn family, which established itself beyond Normark's borders following the War of the Harpy.
Normark's export profile is diverse, reflecting its varied economic strengths. Major exports include machinery, arms, processed and frozen foods (particularly fish and game), music, hovercrafts, pelts and furs, and processed or refined metals and rare-earth minerals. These exports contribute significantly to Normark's trade balance and international economic relationships. Imports to Normark primarily consist of goods that are not produced domestically due to climate or resource limitations. These include "exotic" fruits and vegetables, spices, tea, and various vehicles such as cars, airplanes, tractors, and airships.
Normark is part of the Raspur Pact, enjoying access to one of the largest and richest free trade areas in Micras.