2022
Exports
$121MWorld Rnk 26 / 185
Flag Rnk 93 / 1197
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles
0.88Rnk 219 / 1025
2022
Imports
$463MWorld Rnk 31 / 222
Flag Rnk 46 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $121M in Large Construction Vehicles, making it the 26th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 93rd most exported product in Norway. The main destination of Large Construction Vehicles exports from Norway are: Sweden ($41.8M), Netherlands ($15.7M), Germany ($15.3M), Poland ($7.66M), and Denmark ($5.43M).

The fastest growing export markets for Large Construction Vehicles of Norway between 2021 and 2022 were Turkey ($2.61M), Luxembourg ($2.22M), and United Kingdom ($1.72M).

Imports In 2022, Norway imported $463M in Large Construction Vehicles, becoming the 31st largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 46th most imported product in Norway. Norway imports Large Construction Vehicles primarily from: Germany ($91.5M), Japan ($56.9M), Netherlands ($54.4M), China ($46.8M), and Sweden ($40.6M).

The fastest growing import markets in Large Construction Vehicles for Norway between 2021 and 2022 were China ($26.1M), Belgium ($14.3M), and Netherlands ($10.2M).

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 Large Construction Vehicles. 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)$121M
IMPORTS (2022)$463M
NET TRADE (2022)-$342M

In 2022, Norway exported $121M in Large Construction Vehicles. The main destinations of Norway exports on Large Construction Vehicles were Sweden ($41.8M), Netherlands ($15.7M), Germany ($15.3M), Poland ($7.66M), and Denmark ($5.43M).

In 2022, Norway imported $463M in Large Construction Vehicles, mainly from Germany ($91.5M), Japan ($56.9M), Netherlands ($54.4M), China ($46.8M), and Sweden ($40.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Turkey$2.61M (550%)
Luxembourg$2.22M (480%)
United Kingdom$1.72M (100%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Norway WERE (2021 - 2022):
Finland-$3.21M (-37.3%)
Sweden-$2.96M (-6.6%)
Poland-$2.64M (-25.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Large Construction Vehicles were:
In 2022, Norway's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $5.48M
TOP IMPORT POTENTIALChina+ $28.7M

Large Construction Vehicles’s highest export potential is Germany. With an export gap of $5.48M.   Large Construction Vehicles’s highest import potential is China with an import gap of $28.7M.

See methodology.

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