HS Icon Cars in  Flag Norway

2020
Exports | Imports
: $55.1M | $5.29B, World Rnk 60 / 210
Flag Rnk 140 / 1184 | World Rnk 24 / 224
Flag Rnk 1 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.5M | $296M, Denmark |  China


ECONOMIC COMPLEXITY of Norway
: 0.71, Rnk 36 / 127


PRODUCT COMPLEXITY  IN Cars
: 0.95, Rnk 188 / 1028

Exports In 2020, Norway exported $55.1M in Cars, making it the 60th largest exporter of Cars in the world. At the same year, Cars was the 140th most exported product in Norway. The main destination of Cars exports from Norway are: Germany ($10.1M), Denmark ($6.28M), Sweden ($5.94M), Poland ($5.1M), and Netherlands ($2.21M).

The fastest growing export markets for Cars of Norway between 2019 and 2020 were Denmark ($3.5M), Sweden ($3.08M), and Germany ($2.85M).

Imports In 2020, Norway imported $5.29B in Cars, becoming the 24th largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in Norway. Norway imports Cars primarily from: Germany ($2.06B), Japan ($415M), China ($360M), Sweden ($335M), and United States ($312M).

The fastest growing import markets in Cars for Norway between 2019 and 2020 were China ($296M), Spain ($102M), and Germany ($98.2M).

Subnational Monthly Trade

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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 Cars. 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

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EXPORTS (2020): $55.1M

IMPORTS (2020): $5.29B

NET TRADE (2020): -$5.23B

In 2020, Norway exported $55.1M in Cars. The main destinations of Norway exports on Cars were Germany ($10.1M), Denmark ($6.28M), Sweden ($5.94M), Poland ($5.1M), and Netherlands ($2.21M).

In 2020, Norway imported $5.29B in Cars, mainly from Germany ($2.06B), Japan ($415M), China ($360M), Sweden ($335M), and United States ($312M).

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IN 2020, Norway HAD A POSITIVE NET TRADE IN Cars WITH:

IN 2020, Norway HAD A NEGATIVE NET TRADE IN Cars WITH:

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THE FASTEST GROWING Cars EXPORT MARKETS FOR Norway WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Norway WERE (2019 - 2020):

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Market Concentration

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In 2019, Norway's main exporting competitors in Cars were:

In 2019, Norway's main importing competitors in Cars were:

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