2022
Exports
$44.8MWorld Rnk 45 / 218
Flag Rnk 181 / 1197
2022
PRODUCT COMPLEXITY IN Sports Equipment
0.52Rnk 358 / 1025
2022
Imports
$370MWorld Rnk 21 / 225
Flag Rnk 67 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $44.8M in Sports Equipment, making it the 45th largest exporter of Sports Equipment in the world. At the same year, Sports Equipment was the 181st most exported product in Norway. The main destination of Sports Equipment exports from Norway are: Sweden ($19.4M), Denmark ($3.45M), Finland ($3.2M), United States ($2.84M), and Germany ($2.34M).

The fastest growing export markets for Sports Equipment of Norway between 2021 and 2022 were United States ($844k), France ($766k), and Germany ($594k).

Imports In 2022, Norway imported $370M in Sports Equipment, becoming the 21st largest importer of Sports Equipment in the world. At the same year, Sports Equipment was the 67th most imported product in Norway. Norway imports Sports Equipment primarily from: China ($116M), Sweden ($62.6M), Denmark ($20.7M), Germany ($20.2M), and Austria ($17.8M).

The fastest growing import markets in Sports Equipment for Norway between 2021 and 2022 were Sweden ($5.57M), Slovenia ($3.16M), and Lithuania ($1.61M).

COMPANIES In 2023, leading companies such as Nike (5), Costco Wholesale (3), and Amazon (2) were at the forefront of shipping Sports Equipment 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 Sports Equipment. 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)$44.8M
IMPORTS (2022)$370M
NET TRADE (2022)-$325M

In 2022, Norway exported $44.8M in Sports Equipment. The main destinations of Norway exports on Sports Equipment were Sweden ($19.4M), Denmark ($3.45M), Finland ($3.2M), United States ($2.84M), and Germany ($2.34M).

In 2022, Norway imported $370M in Sports Equipment, mainly from China ($116M), Sweden ($62.6M), Denmark ($20.7M), Germany ($20.2M), and Austria ($17.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sports Equipment EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$844k (42.2%)
France$766k (132%)
Germany$594k (34%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sports Equipment BY Norway WERE (2021 - 2022):
Sweden-$2.28M (-10.5%)
Russia-$1.95M (-94.7%)
Denmark-$988k (-22.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Sports Equipment were:
In 2022, Norway's main importing competitors in Sports Equipment were:

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Trade Value of Sports Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.74M
TOP IMPORT POTENTIALChina+ $22.5M

Sports Equipment’s highest export potential is United States. With an export gap of $3.74M.   Sports Equipment’s highest import potential is China with an import gap of $22.5M.

See methodology.

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