2022
Exports
$53.8MWorld Rnk 40 / 212
Flag Rnk 164 / 1197
2022
PRODUCT COMPLEXITY IN Audio Alarms
0.59Rnk 325 / 1025
2022
Imports
$182MWorld Rnk 31 / 224
Flag Rnk 126 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $53.8M in Audio Alarms, making it the 40th largest exporter of Audio Alarms in the world. At the same year, Audio Alarms was the 164th most exported product in Norway. The main destination of Audio Alarms exports from Norway are: Sweden ($11.2M), United States ($5.44M), Denmark ($3.95M), China ($2.95M), and United Arab Emirates ($2.75M).

The fastest growing export markets for Audio Alarms of Norway between 2021 and 2022 were United States ($2.54M), United Arab Emirates ($1.33M), and Denmark ($981k).

Imports In 2022, Norway imported $182M in Audio Alarms, becoming the 31st largest importer of Audio Alarms in the world. At the same year, Audio Alarms was the 126th most imported product in Norway. Norway imports Audio Alarms primarily from: Sweden ($45.6M), China ($32.6M), Germany ($18.3M), United States ($11M), and United Kingdom ($8.8M).

The fastest growing import markets in Audio Alarms for Norway between 2021 and 2022 were Israel ($3.9M), Chinese Taipei ($2.04M), and Germany ($1.99M).

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 Audio Alarms. 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)$53.8M
IMPORTS (2022)$182M
NET TRADE (2022)-$128M

In 2022, Norway exported $53.8M in Audio Alarms. The main destinations of Norway exports on Audio Alarms were Sweden ($11.2M), United States ($5.44M), Denmark ($3.95M), China ($2.95M), and United Arab Emirates ($2.75M).

In 2022, Norway imported $182M in Audio Alarms, mainly from Sweden ($45.6M), China ($32.6M), Germany ($18.3M), United States ($11M), and United Kingdom ($8.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Audio Alarms EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$2.54M (87.7%)
United Arab Emirates$1.33M (93.3%)
Denmark$981k (33%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio Alarms BY Norway WERE (2021 - 2022):
China-$3.44M (-53.9%)
Germany-$2.42M (-70%)
South Korea-$1.2M (-48%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Audio Alarms were:
In 2022, Norway's main importing competitors in Audio Alarms were:

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Trade Value of Audio Alarms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.25M
TOP IMPORT POTENTIALChina+ $8.9M

Audio Alarms’s highest export potential is United States. With an export gap of $4.25M.   Audio Alarms’s highest import potential is China with an import gap of $8.9M.

See methodology.

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