2022
Exports
$1.38MWorld Rnk 37 / 116
Flag Rnk 596 / 1197
2022
PRODUCT COMPLEXITY IN Hydraulic Turbines
-0.028Rnk 553 / 1025
2022
Imports
$23.4MWorld Rnk 14 / 195
Flag Rnk 475 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.38M in Hydraulic Turbines, making it the 37th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 596th most exported product in Norway. The main destination of Hydraulic Turbines exports from Norway are: Sweden ($360k), Peru ($269k), United Kingdom ($171k), Chile ($112k), and Czechia ($104k).

The fastest growing export markets for Hydraulic Turbines of Norway between 2021 and 2022 were Peru ($188k), Chile ($112k), and United Kingdom ($110k).

Imports In 2022, Norway imported $23.4M in Hydraulic Turbines, becoming the 14th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 475th most imported product in Norway. Norway imports Hydraulic Turbines primarily from: Austria ($3.06M), Italy ($3.02M), Spain ($2.96M), Germany ($2.63M), and Czechia ($2.62M).

The fastest growing import markets in Hydraulic Turbines for Norway between 2021 and 2022 were Austria ($2.7M), Italy ($2.35M), and Finland ($1.69M).

Latest Trends

Nov 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 Hydraulic Turbines. 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)$1.38M
IMPORTS (2022)$23.4M
NET TRADE (2022)-$22M

In 2022, Norway exported $1.38M in Hydraulic Turbines. The main destinations of Norway exports on Hydraulic Turbines were Sweden ($360k), Peru ($269k), United Kingdom ($171k), Chile ($112k), and Czechia ($104k).

In 2022, Norway imported $23.4M in Hydraulic Turbines, mainly from Austria ($3.06M), Italy ($3.02M), Spain ($2.96M), Germany ($2.63M), and Czechia ($2.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Peru$188k (234%)
Chile$112k (1%)
United Kingdom$110k (181%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY Norway WERE (2021 - 2022):
Bolivia-$2.46M (-100%)
Sweden-$1.13M (-75.8%)
United States-$487k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $24.2k
TOP IMPORT POTENTIALChina+ $519k

Hydraulic Turbines’s highest export potential is Turkey. With an export gap of $24.2k.   Hydraulic Turbines’s highest import potential is China with an import gap of $519k.

See methodology.

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