2022
Exports
$52.1MWorld Rnk 47 / 209
Flag Rnk 166 / 1197
2022
PRODUCT COMPLEXITY IN Other Heating Machinery
1.15Rnk 116 / 1025
2022
Imports
$278MWorld Rnk 37 / 225
Flag Rnk 87 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $52.1M in Other Heating Machinery, making it the 47th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 166th most exported product in Norway. The main destination of Other Heating Machinery exports from Norway are: Czechia ($10.7M), Turkey ($6.21M), Sweden ($5.32M), United States ($3.55M), and Netherlands ($2.32M).

The fastest growing export markets for Other Heating Machinery of Norway between 2021 and 2022 were United Arab Emirates ($2.1M), Papua New Guinea ($2.07M), and Czechia ($1.95M).

Imports In 2022, Norway imported $278M in Other Heating Machinery, becoming the 37th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 87th most imported product in Norway. Norway imports Other Heating Machinery primarily from: Sweden ($56.6M), Germany ($55.1M), Italy ($27.7M), Netherlands ($22.4M), and Denmark ($21.9M).

The fastest growing import markets in Other Heating Machinery for Norway between 2021 and 2022 were Italy ($8.05M), Denmark ($5.37M), and Finland ($4.83M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (4) were at the forefront of shipping Other Heating Machinery 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 Other Heating Machinery. 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)$52.1M
IMPORTS (2022)$278M
NET TRADE (2022)-$226M

In 2022, Norway exported $52.1M in Other Heating Machinery. The main destinations of Norway exports on Other Heating Machinery were Czechia ($10.7M), Turkey ($6.21M), Sweden ($5.32M), United States ($3.55M), and Netherlands ($2.32M).

In 2022, Norway imported $278M in Other Heating Machinery, mainly from Sweden ($56.6M), Germany ($55.1M), Italy ($27.7M), Netherlands ($22.4M), and Denmark ($21.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United Arab Emirates$2.1M (1.02k%)
Papua New Guinea$2.07M (1%)
Czechia$1.95M (22.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Norway WERE (2021 - 2022):
United Kingdom-$5.22M (-77.1%)
Russia-$2.07M (-96.6%)
Angola-$1.85M (-93.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Other Heating Machinery were:
In 2022, Norway's main importing competitors in Other Heating Machinery were:

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.67M
TOP IMPORT POTENTIALGermany+ $11.6M

Other Heating Machinery’s highest export potential is United States. With an export gap of $4.67M.   Other Heating Machinery’s highest import potential is Germany with an import gap of $11.6M.

See methodology.

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