2022
Exports
$75.8MWorld Rnk 25 / 187
Flag Rnk 128 / 1197
2022
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery
0.74Rnk 263 / 1025
2022
Imports
$155MWorld Rnk 28 / 221
Flag Rnk 145 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $75.8M in Industrial Food Preperation Machinery, making it the 25th largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 128th most exported product in Norway. The main destination of Industrial Food Preperation Machinery exports from Norway are: Turkey ($20.3M), United States ($7.24M), Denmark ($6.85M), Russia ($6.19M), and Germany ($3.67M).

The fastest growing export markets for Industrial Food Preperation Machinery of Norway between 2021 and 2022 were United States ($3.97M), Iceland ($2.43M), and Netherlands ($2.02M).

Imports In 2022, Norway imported $155M in Industrial Food Preperation Machinery, becoming the 28th largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 145th most imported product in Norway. Norway imports Industrial Food Preperation Machinery primarily from: Denmark ($40.5M), Germany ($37.3M), Netherlands ($13.7M), Italy ($7.67M), and Iceland ($7.63M).

The fastest growing import markets in Industrial Food Preperation Machinery for Norway between 2021 and 2022 were Denmark ($10.1M), Chile ($4.25M), and Germany ($3.91M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Industrial Food Preperation Machinery. 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)$75.8M
IMPORTS (2022)$155M
NET TRADE (2022)-$79.5M

In 2022, Norway exported $75.8M in Industrial Food Preperation Machinery. The main destinations of Norway exports on Industrial Food Preperation Machinery were Turkey ($20.3M), United States ($7.24M), Denmark ($6.85M), Russia ($6.19M), and Germany ($3.67M).

In 2022, Norway imported $155M in Industrial Food Preperation Machinery, mainly from Denmark ($40.5M), Germany ($37.3M), Netherlands ($13.7M), Italy ($7.67M), and Iceland ($7.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$3.97M (121%)
Iceland$2.43M (352%)
Netherlands$2.02M (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY Norway WERE (2021 - 2022):
Russia-$37.8M (-85.9%)
Spain-$8.41M (-74.1%)
Chile-$3.95M (-63.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Industrial Food Preperation Machinery were:
In 2022, Norway's main importing competitors in Industrial Food Preperation Machinery were:

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $4.43M
TOP IMPORT POTENTIALItaly+ $4.05M

Industrial Food Preperation Machinery’s highest export potential is United States. With an export gap of $4.43M.   Industrial Food Preperation Machinery’s highest import potential is Italy with an import gap of $4.05M.

See methodology.

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