2023
Exports
$714MWorld Rnk 18 / 121
Flag Rnk 16 / 1199
2023
PRODUCT COMPLEXITY IN Passenger and Cargo Ships
-0.44Rnk 679 / 1025
2023
Imports
$2.33BWorld Rnk 7 / 183
Flag Rnk 4 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $714M in Passenger and Cargo Ships, making it the 18th largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 16th most exported product in Norway. The main destination of Passenger and Cargo Ships exports from Norway are: Cote d'Ivoire ($133M), United States ($83.3M), Australia ($78.3M), India ($76.7M), and Germany ($65.8M).

The fastest growing export markets for Passenger and Cargo Ships of Norway between 2022 and 2023 were United States ($83.2M), Australia ($78.3M), and India ($76.7M).

Imports In 2023, Norway imported $2.33B in Passenger and Cargo Ships, becoming the 7th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 4th most imported product in Norway. Norway imports Passenger and Cargo Ships primarily from: Belgium ($980M), Singapore ($473M), Turkey ($212M), Cote d'Ivoire ($132M), and Poland ($86.4M).

The fastest growing import markets in Passenger and Cargo Ships for Norway between 2022 and 2023 were Belgium ($980M), Singapore ($340M), and Turkey ($145M).

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 Passenger and Cargo Ships. 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)$714M
IMPORTS (2023)$2.33B
NET TRADE (2023)-$1.61B

In 2023, Norway exported $714M in Passenger and Cargo Ships. The main destinations of Norway exports on Passenger and Cargo Ships were Cote d'Ivoire ($133M), United States ($83.3M), Australia ($78.3M), India ($76.7M), and Germany ($65.8M).

In 2023, Norway imported $2.33B in Passenger and Cargo Ships, mainly from Belgium ($980M), Singapore ($473M), Turkey ($212M), Cote d'Ivoire ($132M), and Poland ($86.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR Norway WERE (2022 - 2023):
United States$83.2M (62.5k%)
Australia$78.3M (1%)
India$76.7M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY Norway WERE (2022 - 2023):
Bermuda-$306M (-100%)
Poland-$203M (-77%)
Gabon-$200M (-99.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Passenger and Cargo Ships were:
China $18.1B
Japan $9.72B
Germany $3.54B
In 2023, Norway's main importing competitors in Passenger and Cargo Ships were:

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Trade Value of Passenger and Cargo Ships by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $12.7M
TOP IMPORT POTENTIALChina+ $32.9M

Passenger and Cargo Ships’s highest export potential is Germany. With an export gap of $12.7M.   Passenger and Cargo Ships’s highest import potential is China with an import gap of $32.9M.

See methodology.

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