Home > Salary > Norway > Senior Trader Commodities
A senior trader in commodities is responsible for buying and selling various types of commodities, such as metals, energy products, agricultural products, or financial instruments. They analyze market trends, monitor supply and demand factors, and make informed decisions to maximize profits for their organization. Senior traders often work for investment banks, commodity trading firms, or hedge funds.
Their daily tasks include monitoring market prices, executing trades, managing risk exposure, building and maintaining client relationships, and staying updated with industry news and regulations. They use sophisticated trading platforms and tools to track market movements and execute trades efficiently. Strong analytical skills, knowledge of market fundamentals, and the ability to make quick decisions are crucial for success in this role.
Estimated Yearly Salary: 3,075,505 NOK
Estimated Monthly Salary: 256,292 NOK
Estimated Weekly Salary: 59,144 NOK per week
Estimated Hourly Salary: 1,479 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 247,165 NOK
Estimated Weekly Salary: 57,038 NOK per week
Estimated Hourly Salary: 1,426 NOK per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 279,295 USD
Estimated Monthly Salary: 23,275 USD
Estimated Weekly Salary: 5,371 USD per week
Estimated Hourly Salary: 134 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,075,505 NOK
Estimated Monthly Salary: 256,292 NOK
Estimated Weekly Salary: 59,144 NOK per week
Estimated Hourly Salary: 1,479 NOK per hour
By working as Senior Trader Commodities a person can save up to 19,454 USD per month or 233,450 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Norway, see costs of living in Norway.
Estimated Yearly Salary for Senior Trader Commodities
Last revision of data: 2025-01-04
Data as of 2025
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Senior Trader Commodities salary in Norway
Average Yearly Salary of Senior Trader Commodities in Norway is approximately 3,075,505 NOK (279,295 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Senior Trader Commodities do?
A senior trader in commodities is responsible for buying and selling various types of commodities, such as metals, energy products, agricultural products, or financial instruments. They analyze market trends, monitor supply and demand factors, and make informed decisions to maximize profits for their organization. Senior traders often work for investment banks, commodity trading firms, or hedge funds.
Their daily tasks include monitoring market prices, executing trades, managing risk exposure, building and maintaining client relationships, and staying updated with industry news and regulations. They use sophisticated trading platforms and tools to track market movements and execute trades efficiently. Strong analytical skills, knowledge of market fundamentals, and the ability to make quick decisions are crucial for success in this role.
Skills: senior trader, commodities, trading, market analysis, risk management, financial instruments
Job industry: Commodities trading
Job industry: Commodities trading
How much does Senior Trader Commodities make?
Salary details
How much does Senior Trader Commodities make?Estimated Yearly Salary: 3,075,505 NOK
Estimated Monthly Salary: 256,292 NOK
Estimated Weekly Salary: 59,144 NOK per week
Estimated Hourly Salary: 1,479 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,965,974 NOKEstimated Monthly Salary: 247,165 NOK
Estimated Weekly Salary: 57,038 NOK per week
Estimated Hourly Salary: 1,426 NOK per hour
Last revision of data: 2024-01-09Senior Trader Commodities estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 279,295 USD
Estimated Monthly Salary: 23,275 USD
Estimated Weekly Salary: 5,371 USD per week
Estimated Hourly Salary: 134 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Senior Trader Commodities job salary compared to average salary in Norway.
Comparison shows that a person working as Senior Trader Commodities in Norway earns on average:
3.15 times the average salary (or 315% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Senior Trader Commodities job salary compared to average salary in Norway.
Comparison shows that a person working as Senior Trader Commodities in Norway earns on average:
3.15 times the average salary (or 315% of average salary).
Is Senior Trader Commodities a well paid job?
Yes, our data show that Senior Trader Commodities is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Senior Trader Commodities?
High salary for Senior Trader Commodities would be somewhere between 3,383,056 NOK and 4,459,482 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Trader Commodities in Norway?
Living in Norway the approximate monthly expenses are: 3,820 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 3,075,505 NOK
Estimated Monthly Salary: 256,292 NOK
Estimated Weekly Salary: 59,144 NOK per week
Estimated Hourly Salary: 1,479 NOK per hour
By working as Senior Trader Commodities a person can save up to 19,454 USD per month or 233,450 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Trader Commodities
Sweden is 184,359 USD
Finland is 158,508 USD
Russia is 37,591 USD
Denmark is 213,069 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Rehabilitation worker (440,301 NOK per year, pre-tax.)
Customer service cashier (474,720 NOK per year, pre-tax.)
Advertising promotions manager (906,508 NOK per year, pre-tax.)
Infection control employee health coordinator (1,065,004 NOK per year, pre-tax.)
Computer scientist (1,694,560 NOK per year, pre-tax.)
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