2022
Exports
$11.9MWorld Rnk 42 / 190
Flag Rnk 312 / 1197
2022
PRODUCT COMPLEXITY IN Batteries
0.69Rnk 280 / 1025
2022
Imports
$68.6MWorld Rnk 34 / 225
Flag Rnk 282 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $11.9M in Batteries, making it the 42nd largest exporter of Batteries in the world. At the same year, Batteries was the 312th most exported product in Norway. The main destination of Batteries exports from Norway are: United States ($1.95M), United Kingdom ($1.55M), United Arab Emirates ($653k), Netherlands ($648k), and Poland ($505k).

The fastest growing export markets for Batteries of Norway between 2021 and 2022 were United States ($771k), India ($429k), and United Arab Emirates ($370k).

Imports In 2022, Norway imported $68.6M in Batteries, becoming the 34th largest importer of Batteries in the world. At the same year, Batteries was the 282nd most imported product in Norway. Norway imports Batteries primarily from: China ($19.7M), Sweden ($12M), United States ($8.84M), Germany ($4.57M), and Denmark ($3.06M).

The fastest growing import markets in Batteries for Norway between 2021 and 2022 were Netherlands ($1.28M), United States ($1M), and Denmark ($776k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Batteries. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.9M
IMPORTS (2022)$68.6M
NET TRADE (2022)-$56.8M

In 2022, Norway exported $11.9M in Batteries. The main destinations of Norway exports on Batteries were United States ($1.95M), United Kingdom ($1.55M), United Arab Emirates ($653k), Netherlands ($648k), and Poland ($505k).

In 2022, Norway imported $68.6M in Batteries, mainly from China ($19.7M), Sweden ($12M), United States ($8.84M), Germany ($4.57M), and Denmark ($3.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Batteries EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$771k (65.3%)
India$429k (1.67k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Batteries BY Norway WERE (2021 - 2022):
Singapore-$1.09M (-88.8%)
Turkey-$444k (-67.4%)
Cyprus-$395k (-96.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Batteries were:
In 2022, Norway's main importing competitors in Batteries were:

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Trade Value of Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.11M
TOP IMPORT POTENTIALChina+ $2.2M

Batteries’s highest export potential is United States. With an export gap of $1.11M.   Batteries’s highest import potential is China with an import gap of $2.2M.

See methodology.

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