2022
Exports
$23.9MWorld Rnk 35 / 186
Flag Rnk 241 / 1197
2022
PRODUCT COMPLEXITY IN Combustion Engines
1.13Rnk 126 / 1025
2022
Imports
$75.3MWorld Rnk 52 / 220
Flag Rnk 258 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $23.9M in Combustion Engines, making it the 35th largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 241st most exported product in Norway. The main destination of Combustion Engines exports from Norway are: Turkey ($3.84M), Spain ($2.49M), Romania ($2.2M), Sri Lanka ($2.14M), and Sweden ($1.99M).

The fastest growing export markets for Combustion Engines of Norway between 2021 and 2022 were Turkey ($2.81M), Spain ($2.43M), and Sri Lanka ($2.14M).

Imports In 2022, Norway imported $75.3M in Combustion Engines, becoming the 52nd largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 258th most imported product in Norway. Norway imports Combustion Engines primarily from: Sweden ($22.4M), Germany ($14.1M), Switzerland ($7.31M), Japan ($5.88M), and France ($4.94M).

The fastest growing import markets in Combustion Engines for Norway between 2021 and 2022 were Switzerland ($2.11M), Belgium ($966k), and Denmark ($876k).

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 Combustion Engines. 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)$23.9M
IMPORTS (2022)$75.3M
NET TRADE (2022)-$51.4M

In 2022, Norway exported $23.9M in Combustion Engines. The main destinations of Norway exports on Combustion Engines were Turkey ($3.84M), Spain ($2.49M), Romania ($2.2M), Sri Lanka ($2.14M), and Sweden ($1.99M).

In 2022, Norway imported $75.3M in Combustion Engines, mainly from Sweden ($22.4M), Germany ($14.1M), Switzerland ($7.31M), Japan ($5.88M), and France ($4.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Turkey$2.81M (271%)
Spain$2.43M (4.27k%)
Sri Lanka$2.14M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY Norway WERE (2021 - 2022):
Bangladesh-$1.57M (-100%)
Vietnam-$1.31M (-100%)
Croatia-$672k (-81%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Combustion Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.88M
TOP IMPORT POTENTIALGermany+ $5.92M

Combustion Engines’s highest export potential is Germany. With an export gap of $1.88M.   Combustion Engines’s highest import potential is Germany with an import gap of $5.92M.

See methodology.

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