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2022
Exports $370MWorld Rnk 30 / 221
Flag Rnk 28 / 1197
2022
Destination $11.4M China
2021 - 2022
FASTEST GROWING MARKET $11.4MUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Liquid Pumps1.19Rnk 105 / 1025
2022
Imports $338MWorld Rnk 43 / 225
Flag Rnk 72 / 1211
2022
Origin $7.94M Germany
2021 - 2022
FASTEST GROWING ORIGIN $7.94MMexico
2022
ECONOMIC COMPLEXITY of Norway0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $370M in Liquid Pumps, making it the 30th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 28th most exported product in Norway. The main destination of Liquid Pumps exports from Norway are: China ($85.4M), South Korea ($55.5M), United States ($33.9M), Japan ($27.2M), and Netherlands ($21.7M).

The fastest growing export markets for Liquid Pumps of Norway between 2021 and 2022 were United Arab Emirates ($11.4M), Angola ($9.31M), and Spain ($6.33M).

Imports In 2022, Norway imported $338M in Liquid Pumps, becoming the 43rd largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 72nd most imported product in Norway. Norway imports Liquid Pumps primarily from: Germany ($75.1M), Sweden ($46M), Mexico ($28.6M), United Kingdom ($25.4M), and Denmark ($24.8M).

The fastest growing import markets in Liquid Pumps for Norway between 2021 and 2022 were Mexico ($7.94M), Italy ($3.5M), and France ($2.37M).

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 Liquid Pumps. 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)$370M
IMPORTS (2022)$338M
NET TRADE (2022)$31.6M

In 2022, Norway exported $370M in Liquid Pumps. The main destinations of Norway exports on Liquid Pumps were China ($85.4M), South Korea ($55.5M), United States ($33.9M), Japan ($27.2M), and Netherlands ($21.7M).

In 2022, Norway imported $338M in Liquid Pumps, mainly from Germany ($75.1M), Sweden ($46M), Mexico ($28.6M), United Kingdom ($25.4M), and Denmark ($24.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United Arab Emirates$11.4M (491%)
Angola$9.31M (163%)
Spain$6.33M (640%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Norway WERE (2021 - 2022):
South Korea-$36.1M (-39.4%)
United States-$24M (-41.5%)
China-$23.1M (-21.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Liquid Pumps were:
China $12.2B
Germany $11B
United States $8.25B
In 2022, Norway's main importing competitors in Liquid Pumps were:
United States $11.7B
Germany $5.33B
China $4.29B

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25M
TOP IMPORT POTENTIALGermany+ $17.2M

Liquid Pumps’s highest export potential is United States. With an export gap of $25M.   Liquid Pumps’s highest import potential is Germany with an import gap of $17.2M.

See methodology.

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