2022
Exports
$14MWorld Rnk 49 / 152
Flag Rnk 295 / 1197
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2022
Imports
$193MWorld Rnk 23 / 217
Flag Rnk 116 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $14M in Buses, making it the 49th largest exporter of Buses in the world. At the same year, Buses was the 295th most exported product in Norway. The main destination of Buses exports from Norway are: Sweden ($3.85M), Germany ($3.06M), Poland ($1.34M), Italy ($1.16M), and Estonia ($1.02M).

The fastest growing export markets for Buses of Norway between 2021 and 2022 were Germany ($1.4M), Spain ($810k), and Italy ($547k).

Imports In 2022, Norway imported $193M in Buses, becoming the 23rd largest importer of Buses in the world. At the same year, Buses was the 116th most imported product in Norway. Norway imports Buses primarily from: Netherlands ($59.4M), Poland ($55.2M), Hong Kong ($28.8M), Germany ($9.98M), and Finland ($7.13M).

The fastest growing import markets in Buses for Norway between 2021 and 2022 were Netherlands ($39.8M), Hong Kong ($28.8M), and Germany ($8.28M).

Latest Trends

Oct 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 Buses. 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)$14M
IMPORTS (2022)$193M
NET TRADE (2022)-$179M

In 2022, Norway exported $14M in Buses. The main destinations of Norway exports on Buses were Sweden ($3.85M), Germany ($3.06M), Poland ($1.34M), Italy ($1.16M), and Estonia ($1.02M).

In 2022, Norway imported $193M in Buses, mainly from Netherlands ($59.4M), Poland ($55.2M), Hong Kong ($28.8M), Germany ($9.98M), and Finland ($7.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Germany$1.4M (84.3%)
Spain$810k (1%)
Italy$547k (89.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Norway WERE (2021 - 2022):
Sweden-$6.02M (-61%)
France-$5.75M (-96.8%)
Denmark-$5.37M (-91.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, Norway's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.7M
TOP IMPORT POTENTIALChina+ $6.66M

Buses’s highest export potential is Germany. With an export gap of $1.7M.   Buses’s highest import potential is China with an import gap of $6.66M.

See methodology.

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