2023
Exports
$136MWorld Rnk 4 / 86
Flag Rnk 86 / 1199
2023
PRODUCT COMPLEXITY IN Military Weapons
0.28Rnk 470 / 1025
2023
Imports
$30MWorld Rnk 15 / 142
Flag Rnk 413 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $136M in Military Weapons, making it the 4th largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 86th most exported product in Norway. The main destination of Military Weapons exports from Norway are: Qatar ($62.9M), Hungary ($46M), Australia ($11.4M), Sweden ($7.08M), and Ukraine ($4.6M).

The fastest growing export markets for Military Weapons of Norway between 2022 and 2023 were Hungary ($46M), Sweden ($7.08M), and Ukraine ($3.9M).

Imports In 2023, Norway imported $30M in Military Weapons, becoming the 15th largest importer of Military Weapons in the world. At the same year, Military Weapons was the 413th most imported product in Norway. Norway imports Military Weapons primarily from: United States ($11.8M), Netherlands ($6.7M), Belgium ($5.22M), Germany ($3.2M), and United Kingdom ($2.91M).

The fastest growing import markets in Military Weapons for Norway between 2022 and 2023 were United States ($5.23M), Netherlands ($4.86M), and United Kingdom ($2.91M).

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 Military Weapons. 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)$136M
IMPORTS (2023)$30M
NET TRADE (2023)$106M

In 2023, Norway exported $136M in Military Weapons. The main destinations of Norway exports on Military Weapons were Qatar ($62.9M), Hungary ($46M), Australia ($11.4M), Sweden ($7.08M), and Ukraine ($4.6M).

In 2023, Norway imported $30M in Military Weapons, mainly from United States ($11.8M), Netherlands ($6.7M), Belgium ($5.22M), Germany ($3.2M), and United Kingdom ($2.91M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Hungary$46M (1%)
Sweden$7.08M (1%)
Ukraine$3.9M (560%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Military Weapons BY Norway WERE (2022 - 2023):
Qatar-$28.1M (-30.9%)
Australia-$6.58M (-36.7%)
Finland-$1.94M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Military Weapons were:
In 2023, Norway's main importing competitors in Military Weapons were:

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Trade Value of Military Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $895k
TOP IMPORT POTENTIALSweden+ $200k

Military Weapons’s highest export potential is United States. With an export gap of $895k.   Military Weapons’s highest import potential is Sweden with an import gap of $200k.

See methodology.

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