2022
Exports
$18.9MWorld Rnk 60 / 198
Flag Rnk 262 / 1197
2022
PRODUCT COMPLEXITY IN Air Conditioners
0.55Rnk 346 / 1025
2022
Imports
$324MWorld Rnk 44 / 224
Flag Rnk 76 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $18.9M in Air Conditioners, making it the 60th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 262nd most exported product in Norway. The main destination of Air Conditioners exports from Norway are: Netherlands ($4.15M), South Korea ($2.01M), Turkey ($1.52M), Sweden ($1.38M), and Spain ($1.37M).

The fastest growing export markets for Air Conditioners of Norway between 2021 and 2022 were Netherlands ($3.24M), South Korea ($1.19M), and Denmark ($844k).

Imports In 2022, Norway imported $324M in Air Conditioners, becoming the 44th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 76th most imported product in Norway. Norway imports Air Conditioners primarily from: Sweden ($91.1M), Thailand ($44.6M), Germany ($29.1M), China ($24.2M), and Czechia ($21.8M).

The fastest growing import markets in Air Conditioners for Norway between 2021 and 2022 were Sweden ($11.3M), Germany ($6.51M), and Thailand ($6.36M).

COMPANIES In 2023, leading companies such as Panasonic (8) and Schaeffler Group (2) were at the forefront of shipping Air Conditioners from Norway to the United States.

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 Air Conditioners. 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)$18.9M
IMPORTS (2022)$324M
NET TRADE (2022)-$305M

In 2022, Norway exported $18.9M in Air Conditioners. The main destinations of Norway exports on Air Conditioners were Netherlands ($4.15M), South Korea ($2.01M), Turkey ($1.52M), Sweden ($1.38M), and Spain ($1.37M).

In 2022, Norway imported $324M in Air Conditioners, mainly from Sweden ($91.1M), Thailand ($44.6M), Germany ($29.1M), China ($24.2M), and Czechia ($21.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Netherlands$3.24M (359%)
South Korea$1.19M (145%)
Denmark$844k (227%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Norway WERE (2021 - 2022):
Turkey-$2.62M (-63.2%)
Romania-$1.35M (-71.7%)
Vietnam-$605k (-76.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Air Conditioners were:
China $23.1B
In 2022, Norway's main importing competitors in Air Conditioners were:

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.34M
TOP IMPORT POTENTIALChina+ $21.7M

Air Conditioners’s highest export potential is United States. With an export gap of $1.34M.   Air Conditioners’s highest import potential is China with an import gap of $21.7M.

See methodology.

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