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2022
Exports $143kWorld Rnk 57 / 166
Flag Rnk 892 / 1197
2022
Destination $17.4k Germany
2021 - 2022
FASTEST GROWING MARKET $17.4kGermany
2022
PRODUCT COMPLEXITY IN Musical Instrument Parts1.19Rnk 106 / 1025
2022
Imports $10.7MWorld Rnk 28 / 204
Flag Rnk 631 / 1211
2022
Origin $280k Sweden
2021 - 2022
FASTEST GROWING ORIGIN $280kGermany
2022
ECONOMIC COMPLEXITY of Norway0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $143k in Musical Instrument Parts, making it the 57th largest exporter of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 892nd most exported product in Norway. The main destination of Musical Instrument Parts exports from Norway are: Germany ($23.6k), United States ($21.7k), United Kingdom ($17.6k), Sweden ($11.7k), and Denmark ($10.8k).

The fastest growing export markets for Musical Instrument Parts of Norway between 2021 and 2022 were Germany ($17.4k), Switzerland ($5.35k), and Japan ($3.47k).

Imports In 2022, Norway imported $10.7M in Musical Instrument Parts, becoming the 28th largest importer of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 631st most imported product in Norway. Norway imports Musical Instrument Parts primarily from: Sweden ($4.1M), Germany ($1.59M), China ($1.27M), United States ($1.27M), and Denmark ($489k).

The fastest growing import markets in Musical Instrument Parts for Norway between 2021 and 2022 were Germany ($280k), Canada ($103k), and Australia ($38k).

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 Musical Instrument Parts. 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)$143k
IMPORTS (2022)$10.7M
NET TRADE (2022)-$10.5M

In 2022, Norway exported $143k in Musical Instrument Parts. The main destinations of Norway exports on Musical Instrument Parts were Germany ($23.6k), United States ($21.7k), United Kingdom ($17.6k), Sweden ($11.7k), and Denmark ($10.8k).

In 2022, Norway imported $10.7M in Musical Instrument Parts, mainly from Sweden ($4.1M), Germany ($1.59M), China ($1.27M), United States ($1.27M), and Denmark ($489k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical Instrument Parts EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Germany$17.4k (278%)
Switzerland$5.35k (1.62k%)
Japan$3.47k (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical Instrument Parts BY Norway WERE (2021 - 2022):
United Kingdom-$54.9k (-75.8%)
Malaysia-$28.6k (-100%)
Sweden-$20.8k (-63.9%)
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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 Musical Instrument Parts were:
China $367M
United States $290M
Germany $217M
In 2022, Norway's main importing competitors in Musical Instrument Parts were:
United States $309M
Germany $168M
China $160M

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Trade Value of Musical Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.7k
TOP IMPORT POTENTIALChina+ $520k

Musical Instrument Parts’s highest export potential is United States. With an export gap of $39.7k.   Musical Instrument Parts’s highest import potential is China with an import gap of $520k.

See methodology.

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