2022
Exports
$1.59BWorld Rnk 39 / 226
Flag Rnk 13 / 96
2022
PRODUCT COMPLEXITY IN Optical, photo, & film equipment; medical instruments
2.12Rnk 3 / 1025
2022
Imports
$3.08BWorld Rnk 38 / 226
Flag Rnk 9 / 96
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.59B in Optical, photo, & film equipment; medical instruments, making it the 39th largest exporter of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 13th most exported product in Norway. The main destination of Optical, photo, & film equipment; medical instruments exports from Norway are: United States ($249M), United Kingdom ($150M), Germany ($100M), China ($99.9M), and Brazil ($91.7M).

The fastest growing export markets for Optical, photo, & film equipment; medical instruments of Norway between 2021 and 2022 were Brazil ($30.2M), Panama ($17.7M), and Tanzania ($17.6M).

Imports In 2022, Norway imported $3.08B in Optical, photo, & film equipment; medical instruments, becoming the 38th largest importer of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 9th most imported product in Norway. Norway imports Optical, photo, & film equipment; medical instruments primarily from: United States ($421M), Germany ($403M), Sweden ($336M), Netherlands ($263M), and China ($231M).

The fastest growing import markets in Optical, photo, & film equipment; medical instruments for Norway between 2021 and 2022 were France ($72M), Netherlands ($40.4M), and Malaysia ($19.8M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (13), Stanley Black & Decker (6), and Robert Bosch (2) were at the forefront of shipping Optical, photo, & film equipment; medical instruments 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 Optical, photo, & film equipment; medical 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)$1.59B
IMPORTS (2022)$3.08B
NET TRADE (2022)-$1.49B

In 2022, Norway exported $1.59B in Optical, photo, & film equipment; medical instruments. The main destinations of Norway exports on Optical, photo, & film equipment; medical instruments were United States ($249M), United Kingdom ($150M), Germany ($100M), China ($99.9M), and Brazil ($91.7M).

In 2022, Norway imported $3.08B in Optical, photo, & film equipment; medical instruments, mainly from United States ($421M), Germany ($403M), Sweden ($336M), Netherlands ($263M), and China ($231M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Optical, photo, & film equipment; medical instruments EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Brazil$30.2M (49.1%)
Panama$17.7M (200%)
Tanzania$17.6M (17.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Optical, photo, & film equipment; medical instruments BY Norway WERE (2021 - 2022):
United Kingdom-$41.8M (-21.8%)
India-$11.1M (-44.4%)
Indonesia-$10M (-68.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Optical, photo, & film equipment; medical instruments were:
In 2022, Norway's main importing competitors in Optical, photo, & film equipment; medical instruments were:

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Trade Value of Optical, photo, & film equipment; medical instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $83.8M
TOP IMPORT POTENTIALChina+ $108M

Optical, photo, & film equipment; medical instruments’s highest export potential is United States. With an export gap of $83.8M.   Optical, photo, & film equipment; medical instruments’s highest import potential is China with an import gap of $108M.

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