2022
Exports
$84.5MWorld Rnk 43 / 216
Flag Rnk 122 / 1197
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$274MWorld Rnk 38 / 224
Flag Rnk 89 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $84.5M in Other Electrical Machinery, making it the 43rd largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 122nd most exported product in Norway. The main destination of Other Electrical Machinery exports from Norway are: United States ($22.6M), Sweden ($13.5M), United Kingdom ($6.82M), Germany ($5.29M), and Canada ($4.8M).

The fastest growing export markets for Other Electrical Machinery of Norway between 2021 and 2022 were United States ($15.1M), United Kingdom ($3.46M), and Germany ($3.06M).

Imports In 2022, Norway imported $274M in Other Electrical Machinery, becoming the 38th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 89th most imported product in Norway. Norway imports Other Electrical Machinery primarily from: China ($62M), Sweden ($43M), United Kingdom ($26.1M), Germany ($19.6M), and Brazil ($18.7M).

The fastest growing import markets in Other Electrical Machinery for Norway between 2021 and 2022 were Brazil ($11.1M), United Kingdom ($7.65M), and South Korea ($7.47M).

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 Other Electrical 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)$84.5M
IMPORTS (2022)$274M
NET TRADE (2022)-$189M

In 2022, Norway exported $84.5M in Other Electrical Machinery. The main destinations of Norway exports on Other Electrical Machinery were United States ($22.6M), Sweden ($13.5M), United Kingdom ($6.82M), Germany ($5.29M), and Canada ($4.8M).

In 2022, Norway imported $274M in Other Electrical Machinery, mainly from China ($62M), Sweden ($43M), United Kingdom ($26.1M), Germany ($19.6M), and Brazil ($18.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$15.1M (202%)
United Kingdom$3.46M (103%)
Germany$3.06M (137%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Norway WERE (2021 - 2022):
Qatar-$13M (-98.3%)
Sweden-$2.58M (-16.1%)
Australia-$1.47M (-52.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Other Electrical Machinery were:
In 2022, Norway's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $10.3M
TOP IMPORT POTENTIALChina+ $22.7M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $10.3M.   Other Electrical Machinery’s highest import potential is China with an import gap of $22.7M.

See methodology.

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