2022
Exports
$1.65MWorld Rnk 57 / 200
Flag Rnk 84 / 96
2022
PRODUCT COMPLEXITY IN Musical instruments
1.43Rnk 66 / 1025
2022
Imports
$55.3MWorld Rnk 30 / 224
Flag Rnk 76 / 96
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.65M in Musical instruments, making it the 57th largest exporter of Musical instruments in the world. At the same year, Musical instruments was the 84th most exported product in Norway. The main destination of Musical instruments exports from Norway are: United States ($409k), Netherlands ($336k), Sweden ($163k), France ($143k), and Germany ($130k).

The fastest growing export markets for Musical instruments of Norway between 2021 and 2022 were United States ($272k), France ($110k), and Slovakia ($24k).

Imports In 2022, Norway imported $55.3M in Musical instruments, becoming the 30th largest importer of Musical instruments in the world. At the same year, Musical instruments was the 76th most imported product in Norway. Norway imports Musical instruments primarily from: Sweden ($12.3M), Germany ($12.1M), China ($7.62M), United States ($4.06M), and Indonesia ($3.52M).

The fastest growing import markets in Musical instruments for Norway between 2021 and 2022 were Germany ($1.55M), Netherlands ($1.4M), and United States ($251k).

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 Musical instruments. 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)$1.65M
IMPORTS (2022)$55.3M
NET TRADE (2022)-$53.7M

In 2022, Norway exported $1.65M in Musical instruments. The main destinations of Norway exports on Musical instruments were United States ($409k), Netherlands ($336k), Sweden ($163k), France ($143k), and Germany ($130k).

In 2022, Norway imported $55.3M in Musical instruments, mainly from Sweden ($12.3M), Germany ($12.1M), China ($7.62M), United States ($4.06M), and Indonesia ($3.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical instruments EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$272k (199%)
France$110k (334%)
Slovakia$24k (427%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical instruments BY Norway WERE (2021 - 2022):
Sweden-$107k (-39.6%)
United Kingdom-$96.9k (-76.8%)
Malaysia-$25.8k (-90.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Musical instruments were:
China $2.53B
Germany $1.01B
In 2022, Norway's main importing competitors in Musical instruments were:

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Trade Value of Musical instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $339k
TOP IMPORT POTENTIALChina+ $2.67M

Musical instruments’s highest export potential is United States. With an export gap of $339k.   Musical instruments’s highest import potential is China with an import gap of $2.67M.

See methodology.

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