2023
Exports
$118MWorld Rnk 44 / 222
Flag Rnk 95 / 1199
2023
PRODUCT COMPLEXITY IN Integrated Circuits
1.17Rnk 117 / 1025
2023
Imports
$283MWorld Rnk 46 / 224
Flag Rnk 74 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $118M in Integrated Circuits, making it the 44th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 95th most exported product in Norway. The main destination of Integrated Circuits exports from Norway are: China ($66.1M), Sweden ($12.1M), United States ($6.67M), United Kingdom ($5.75M), and Netherlands ($4.29M).

The fastest growing export markets for Integrated Circuits of Norway between 2022 and 2023 were China ($15.2M), United Kingdom ($3.88M), and Sweden ($3.69M).

Imports In 2023, Norway imported $283M in Integrated Circuits, becoming the 46th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 74th most imported product in Norway. Norway imports Integrated Circuits primarily from: Chinese Taipei ($64.2M), China ($45.6M), Malaysia ($39.4M), Thailand ($17M), and Philippines ($16M).

The fastest growing import markets in Integrated Circuits for Norway between 2022 and 2023 were Malaysia ($5.4M), Denmark ($3.29M), and Netherlands ($1.48M).

COMPANIES In 2024, leading companies such as Adidas (1) were at the forefront of shipping Integrated Circuits from Norway to the United States.

Latest Trends

Dec 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 Integrated Circuits. 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 (2023)$118M
IMPORTS (2023)$283M
NET TRADE (2023)-$165M

In 2023, Norway exported $118M in Integrated Circuits. The main destinations of Norway exports on Integrated Circuits were China ($66.1M), Sweden ($12.1M), United States ($6.67M), United Kingdom ($5.75M), and Netherlands ($4.29M).

In 2023, Norway imported $283M in Integrated Circuits, mainly from Chinese Taipei ($64.2M), China ($45.6M), Malaysia ($39.4M), Thailand ($17M), and Philippines ($16M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Norway WERE (2022 - 2023):
China$15.2M (30%)
United Kingdom$3.88M (207%)
Sweden$3.69M (44.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Norway WERE (2022 - 2023):
Philippines-$7.83M (-100%)
United States-$2.17M (-24.5%)
Hong Kong-$1.64M (-52.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Integrated Circuits were:
In 2023, Norway's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15M
TOP IMPORT POTENTIALChina+ $41.7M

Integrated Circuits’s highest export potential is China. With an export gap of $15M.   Integrated Circuits’s highest import potential is China with an import gap of $41.7M.

See methodology.

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