2022
Exports
$65.9MWorld Rnk 40 / 194
Flag Rnk 49 / 96
2022
PRODUCT COMPLEXITY IN Railway and trams
1.48Rnk 58 / 1025
2022
Imports
$407MWorld Rnk 30 / 217
Flag Rnk 46 / 96
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $65.9M in Railway and trams, making it the 40th largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 49th most exported product in Norway. The main destination of Railway and trams exports from Norway are: Sweden ($29.3M), Honduras ($7.97M), United Kingdom ($4.71M), United States ($4.69M), and Denmark ($3.04M).

The fastest growing export markets for Railway and trams of Norway between 2021 and 2022 were Honduras ($7.97M), United Kingdom ($2.73M), and Denmark ($1.74M).

Imports In 2022, Norway imported $407M in Railway and trams, becoming the 30th largest importer of Railway and trams in the world. At the same year, Railway and trams was the 46th most imported product in Norway. Norway imports Railway and trams primarily from: Poland ($162M), Sweden ($55.1M), Germany ($54.4M), Spain ($46.3M), and Switzerland ($11.8M).

The fastest growing import markets in Railway and trams for Norway between 2021 and 2022 were Poland ($45.6M), Germany ($11.6M), and Italy ($3.36M).

COMPANIES In 2023, leading companies such as Sailun Tire (13) and Nike (2) were at the forefront of shipping Railway and trams 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 Railway and trams. 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)$65.9M
IMPORTS (2022)$407M
NET TRADE (2022)-$341M

In 2022, Norway exported $65.9M in Railway and trams. The main destinations of Norway exports on Railway and trams were Sweden ($29.3M), Honduras ($7.97M), United Kingdom ($4.71M), United States ($4.69M), and Denmark ($3.04M).

In 2022, Norway imported $407M in Railway and trams, mainly from Poland ($162M), Sweden ($55.1M), Germany ($54.4M), Spain ($46.3M), and Switzerland ($11.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway and trams EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Honduras$7.97M (1%)
United Kingdom$2.73M (139%)
Denmark$1.74M (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway and trams BY Norway WERE (2021 - 2022):
Germany-$4.86M (-69.6%)
United States-$4.72M (-50.2%)
Nigeria-$1.28M (-98.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Railway and trams were:
In 2022, Norway's main importing competitors in Railway and trams were:

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Trade Value of Railway and trams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.7M
TOP IMPORT POTENTIALChina+ $6.51M

Railway and trams’s highest export potential is United States. With an export gap of $2.7M.   Railway and trams’s highest import potential is China with an import gap of $6.51M.

See methodology.

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