2023
Exports
$243MWorld Rnk 50 / 210
Flag Rnk 45 / 1199
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$6.01BWorld Rnk 29 / 225
Flag Rnk 1 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $243M in Cars, making it the 50th largest exporter of Cars in the world. At the same year, Cars was the 45th most exported product in Norway. The main destination of Cars exports from Norway are: Serbia ($22.3M), Ukraine ($21.3M), Poland ($19.9M), Germany ($19.7M), and Netherlands ($15.4M).

The fastest growing export markets for Cars of Norway between 2022 and 2023 were Ukraine ($18M), Germany ($12.5M), and Netherlands ($11.6M).

Imports In 2023, Norway imported $6.01B in Cars, becoming the 29th 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 ($2.36B), China ($891M), Japan ($656M), Czechia ($390M), and South Korea ($263M).

The fastest growing import markets in Cars for Norway between 2022 and 2023 were Japan ($161M), Austria ($17.9M), and Poland ($3.41M).

COMPANIES In 2024, leading companies such as GE RENEWABLES NORTH AMERICA LLC (21) and Hyosung (11) were at the forefront of shipping Cars 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 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 (2023)$243M
IMPORTS (2023)$6.01B
NET TRADE (2023)-$5.77B

In 2023, Norway exported $243M in Cars. The main destinations of Norway exports on Cars were Serbia ($22.3M), Ukraine ($21.3M), Poland ($19.9M), Germany ($19.7M), and Netherlands ($15.4M).

In 2023, Norway imported $6.01B in Cars, mainly from Germany ($2.36B), China ($891M), Japan ($656M), Czechia ($390M), and South Korea ($263M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Ukraine$18M (550%)
Germany$12.5M (172%)
Netherlands$11.6M (303%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Norway WERE (2022 - 2023):
United States-$2.42M (-68.6%)
Slovenia-$963k (-38.2%)
Uzbekistan-$788k (-83.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, 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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