2022
Exports
$1.19BWorld Rnk 46 / 226
Flag Rnk 14 / 96
2022
PRODUCT COMPLEXITY IN Cars, tractors, trucks & parts thereof.
1Rnk 170 / 1025
2022
Imports
$11.4BWorld Rnk 29 / 226
Flag Rnk 2 / 96
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.19B in Cars, tractors, trucks & parts thereof., making it the 46th largest exporter of Cars, tractors, trucks & parts thereof. in the world. At the same year, Cars, tractors, trucks & parts thereof. was the 14th most exported product in Norway. The main destination of Cars, tractors, trucks & parts thereof. exports from Norway are: Sweden ($291M), Germany ($178M), Netherlands ($80M), Poland ($61.8M), and Denmark ($43.7M).

The fastest growing export markets for Cars, tractors, trucks & parts thereof. of Norway between 2021 and 2022 were Serbia ($16.6M), Qatar ($12.6M), and Sweden ($10.6M).

Imports In 2022, Norway imported $11.4B in Cars, tractors, trucks & parts thereof., becoming the 29th largest importer of Cars, tractors, trucks & parts thereof. in the world. At the same year, Cars, tractors, trucks & parts thereof. was the 2nd most imported product in Norway. Norway imports Cars, tractors, trucks & parts thereof. primarily from: Germany ($3.83B), Sweden ($1.08B), Belgium ($888M), China ($878M), and Japan ($592M).

The fastest growing import markets in Cars, tractors, trucks & parts thereof. for Norway between 2021 and 2022 were Germany ($403M), Belgium ($157M), and Netherlands ($95.1M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (13), GE RENEWABLES NORTH AMERICA LLC (9), and Robert Bosch (5) were at the forefront of shipping Cars, tractors, trucks & parts thereof. 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 Cars, tractors, trucks & parts thereof.. 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)$1.19B
IMPORTS (2022)$11.4B
NET TRADE (2022)-$10.2B

In 2022, Norway exported $1.19B in Cars, tractors, trucks & parts thereof.. The main destinations of Norway exports on Cars, tractors, trucks & parts thereof. were Sweden ($291M), Germany ($178M), Netherlands ($80M), Poland ($61.8M), and Denmark ($43.7M).

In 2022, Norway imported $11.4B in Cars, tractors, trucks & parts thereof., mainly from Germany ($3.83B), Sweden ($1.08B), Belgium ($888M), China ($878M), and Japan ($592M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars, tractors, trucks & parts thereof. EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Serbia$16.6M (426%)
Qatar$12.6M (88.4%)
Sweden$10.6M (3.78%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars, tractors, trucks & parts thereof. BY Norway WERE (2021 - 2022):
China-$35.5M (-58.7%)
Denmark-$13.3M (-23.3%)
Finland-$4.48M (-14.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Cars, tractors, trucks & parts thereof. were:
In 2022, Norway's main importing competitors in Cars, tractors, trucks & parts thereof. were:

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Trade Value of Cars, tractors, trucks & parts thereof. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $86.4M
TOP IMPORT POTENTIALJapan+ $216M

Cars, tractors, trucks & parts thereof.’s highest export potential is Germany. With an export gap of $86.4M.   Cars, tractors, trucks & parts thereof.’s highest import potential is Japan with an import gap of $216M.

See methodology.

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