2022
Exports
$120MWorld Rnk 5 / 73
Flag Rnk 95 / 1197
2022
PRODUCT COMPLEXITY IN Military Weapons
0.3Rnk 453 / 1025
2022
Imports
$26.8MWorld Rnk 14 / 143
Flag Rnk 446 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $120M in Military Weapons, making it the 5th largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 95th most exported product in Norway. The main destination of Military Weapons exports from Norway are: Qatar ($91M), Australia ($24.8M), Finland ($1.94M), United States ($1.69M), and Ukraine ($697k).

The fastest growing export markets for Military Weapons of Norway between 2021 and 2022 were Qatar ($36M), Australia ($24.8M), and Finland ($1.26M).

Imports In 2022, Norway imported $26.8M in Military Weapons, becoming the 14th largest importer of Military Weapons in the world. At the same year, Military Weapons was the 446th most imported product in Norway. Norway imports Military Weapons primarily from: United States ($15.9M), Germany ($4.56M), Belgium ($2.47M), Netherlands ($2.01M), and Sweden ($1.55M).

The fastest growing import markets in Military Weapons for Norway between 2021 and 2022 were United States ($4.86M), Sweden ($1.55M), and Austria ($170k).

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 Military Weapons. 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)$120M
IMPORTS (2022)$26.8M
NET TRADE (2022)$93.5M

In 2022, Norway exported $120M in Military Weapons. The main destinations of Norway exports on Military Weapons were Qatar ($91M), Australia ($24.8M), Finland ($1.94M), United States ($1.69M), and Ukraine ($697k).

In 2022, Norway imported $26.8M in Military Weapons, mainly from United States ($15.9M), Germany ($4.56M), Belgium ($2.47M), Netherlands ($2.01M), and Sweden ($1.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Qatar$36M (65.4%)
Australia$24.8M (1%)
Finland$1.26M (185%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Military Weapons BY Norway WERE (2021 - 2022):
United States-$262k (-13.4%)
Thailand-$1.78k (-63.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Military Weapons were:
In 2022, Norway's main importing competitors in Military Weapons were:

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Trade Value of Military Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $895k
TOP IMPORT POTENTIALSweden+ $200k

Military Weapons’s highest export potential is United States. With an export gap of $895k.   Military Weapons’s highest import potential is Sweden with an import gap of $200k.

See methodology.

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