2022
Exports
$151MWorld Rnk 57 / 210
Flag Rnk 75 / 1197
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$7.43BWorld Rnk 22 / 224
Flag Rnk 1 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $151M in Cars, making it the 57th largest exporter of Cars in the world. At the same year, Cars was the 75th most exported product in Norway. The main destination of Cars exports from Norway are: Poland ($19.2M), Serbia ($19.2M), Sweden ($12.9M), Ukraine ($10.4M), and Germany ($9.42M).

The fastest growing export markets for Cars of Norway between 2021 and 2022 were Serbia ($16.4M), Poland ($10.7M), and Ukraine ($7.74M).

Imports In 2022, Norway imported $7.43B in Cars, becoming the 22nd 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 ($3.13B), Belgium ($782M), China ($606M), Japan ($510M), and Czechia ($482M).

The fastest growing import markets in Cars for Norway between 2021 and 2022 were Germany ($414M), Belgium ($233M), and Finland ($32.5M).

COMPANIES In 2023, leading companies such as GE RENEWABLES NORTH AMERICA LLC (9) and ASOS (1) were at the forefront of shipping Cars from Norway to the United States.

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 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

Trade Balance

Color
EXPORTS (2022)$151M
IMPORTS (2022)$7.43B
NET TRADE (2022)-$7.28B

In 2022, Norway exported $151M in Cars. The main destinations of Norway exports on Cars were Poland ($19.2M), Serbia ($19.2M), Sweden ($12.9M), Ukraine ($10.4M), and Germany ($9.42M).

In 2022, Norway imported $7.43B in Cars, mainly from Germany ($3.13B), Belgium ($782M), China ($606M), Japan ($510M), and Czechia ($482M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Serbia$16.4M (581%)
Poland$10.7M (125%)
Ukraine$7.74M (293%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Norway WERE (2021 - 2022):
Luxembourg-$1.33M (-95.5%)
Switzerland-$1.27M (-49.9%)
Spain-$1.03M (-35%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $14.7M
TOP IMPORT POTENTIALJapan+ $166M

Cars’s highest export potential is Germany. With an export gap of $14.7M.   Cars’s highest import potential is Japan with an import gap of $166M.

See methodology.

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