2023
Exports
$97.9MWorld Rnk 42 / 212
Flag Rnk 110 / 1199
2023
PRODUCT COMPLEXITY IN Electric Batteries
1.17Rnk 118 / 1025
2023
Imports
$323MWorld Rnk 44 / 224
Flag Rnk 69 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $97.9M in Electric Batteries, making it the 42nd largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 110th most exported product in Norway. The main destination of Electric Batteries exports from Norway are: Netherlands ($19.3M), Turkey ($18.5M), China ($17.4M), Spain ($6.29M), and Malaysia ($4.92M).

The fastest growing export markets for Electric Batteries of Norway between 2022 and 2023 were China ($10.9M), Turkey ($6.23M), and Malaysia ($4.85M).

Imports In 2023, Norway imported $323M in Electric Batteries, becoming the 44th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 69th most imported product in Norway. Norway imports Electric Batteries primarily from: China ($98.6M), Germany ($48M), United States ($40.4M), Sweden ($24.3M), and South Korea ($17.7M).

The fastest growing import markets in Electric Batteries for Norway between 2022 and 2023 were Germany ($12.2M), Italy ($4.58M), and Austria ($3.56M).

Latest Trends

Jan 2025

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 Electric Batteries. 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)$97.9M
IMPORTS (2023)$323M
NET TRADE (2023)-$225M

In 2023, Norway exported $97.9M in Electric Batteries. The main destinations of Norway exports on Electric Batteries were Netherlands ($19.3M), Turkey ($18.5M), China ($17.4M), Spain ($6.29M), and Malaysia ($4.92M).

In 2023, Norway imported $323M in Electric Batteries, mainly from China ($98.6M), Germany ($48M), United States ($40.4M), Sweden ($24.3M), and South Korea ($17.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Norway WERE (2022 - 2023):
China$10.9M (165%)
Turkey$6.23M (50.6%)
Malaysia$4.85M (7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Norway WERE (2022 - 2023):
United States-$5.38M (-61.1%)
Japan-$1.69M (-50%)
Sweden-$1.66M (-31.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Electric Batteries were:
In 2023, Norway's main importing competitors in Electric Batteries were:

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.44M
TOP IMPORT POTENTIALChina+ $46.7M

Electric Batteries’s highest export potential is United States. With an export gap of $9.44M.   Electric Batteries’s highest import potential is China with an import gap of $46.7M.

See methodology.

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