2022
Exports
$3.59MWorld Rnk 41 / 127
Flag Rnk 458 / 1197
falsefalse Sweden
2022
PRODUCT COMPLEXITY IN Vending Machines
0.65Rnk 296 / 1025
2022
Imports
$13.2MWorld Rnk 29 / 202
Flag Rnk 579 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $3.59M in Vending Machines, making it the 41st largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 458th most exported product in Norway. The main destination of Vending Machines exports from Norway are: Sweden ($1.79M), Germany ($641k), Denmark ($397k), Slovenia ($275k), and Finland ($187k).

The fastest growing export markets for Vending Machines of Norway between 2021 and 2022 were Slovenia ($235k), Germany ($201k), and Iceland ($118k).

Imports In 2022, Norway imported $13.2M in Vending Machines, becoming the 29th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 579th most imported product in Norway. Norway imports Vending Machines primarily from: Sweden ($4.65M), Netherlands ($1.54M), Germany ($832k), Spain ($730k), and Israel ($723k).

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 Vending Machines. 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)$3.59M
IMPORTS (2022)$13.2M
NET TRADE (2022)-$9.61M

In 2022, Norway exported $3.59M in Vending Machines. The main destinations of Norway exports on Vending Machines were Sweden ($1.79M), Germany ($641k), Denmark ($397k), Slovenia ($275k), and Finland ($187k).

In 2022, Norway imported $13.2M in Vending Machines, mainly from Sweden ($4.65M), Netherlands ($1.54M), Germany ($832k), Spain ($730k), and Israel ($723k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Slovenia$235k (584%)
Germany$201k (45.6%)
Iceland$118k (31.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Norway WERE (2021 - 2022):
Denmark-$709k (-64.1%)
Finland-$137k (-42.2%)
Ireland-$91.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $172k
TOP IMPORT POTENTIALChina+ $535k

Vending Machines’s highest export potential is Germany. With an export gap of $172k.   Vending Machines’s highest import potential is China with an import gap of $535k.

See methodology.

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