2022
Exports
$52MWorld Rnk 16 / 195
Flag Rnk 167 / 1197
2022
PRODUCT COMPLEXITY IN Water
-0.099Rnk 581 / 1025
2022
Imports
$3.79MWorld Rnk 83 / 222
Flag Rnk 814 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $52M in Water, making it the 16th largest exporter of Water in the world. At the same year, Water was the 167th most exported product in Norway. The main destination of Water exports from Norway are: United States ($15.1M), United Arab Emirates ($7.64M), United Kingdom ($6.16M), Sweden ($4.52M), and China ($2.85M).

The fastest growing export markets for Water of Norway between 2021 and 2022 were United Arab Emirates ($2.53M), United Kingdom ($1.24M), and Singapore ($1.07M).

Imports In 2022, Norway imported $3.79M in Water, becoming the 83rd largest importer of Water in the world. At the same year, Water was the 814th most imported product in Norway. Norway imports Water primarily from: Sweden ($1.83M), Denmark ($449k), Belgium ($427k), Italy ($346k), and United States ($188k).

The fastest growing import markets in Water for Norway between 2021 and 2022 were Belgium ($136k), Italy ($71.5k), and United States ($46.5k).

Latest Trends

Sep 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 Water. 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)$52M
IMPORTS (2022)$3.79M
NET TRADE (2022)$48.2M

In 2022, Norway exported $52M in Water. The main destinations of Norway exports on Water were United States ($15.1M), United Arab Emirates ($7.64M), United Kingdom ($6.16M), Sweden ($4.52M), and China ($2.85M).

In 2022, Norway imported $3.79M in Water, mainly from Sweden ($1.83M), Denmark ($449k), Belgium ($427k), Italy ($346k), and United States ($188k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Water EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United Arab Emirates$2.53M (49.5%)
United Kingdom$1.24M (25.3%)
Singapore$1.07M (513%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water BY Norway WERE (2021 - 2022):
United States-$18.3M (-54.8%)
Switzerland-$445k (-78.5%)
Canada-$381k (-48.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Water were:
China $718M
Italy $705M
In 2022, Norway's main importing competitors in Water were:

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Trade Value of Water by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.06M
TOP IMPORT POTENTIALItaly+ $268k

Water’s highest export potential is Germany. With an export gap of $1.06M.   Water’s highest import potential is Italy with an import gap of $268k.

See methodology.

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