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2022
Exports $74.7MWorld Rnk 32 / 200
Flag Rnk 130 / 1197
2022
Destination $3.33M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $3.33MTurkey
2022
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 162 / 1025
2022
Imports $109MWorld Rnk 41 / 220
Flag Rnk 190 / 1211
2022
Origin $3.83M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.83MChina
2022
ECONOMIC COMPLEXITY of Norway0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $74.7M in Navigation Equipment, making it the 32nd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 130th most exported product in Norway. The main destination of Navigation Equipment exports from Norway are: United Kingdom ($8.91M), China ($8.7M), Sweden ($5.49M), Turkey ($4.49M), and South Korea ($3.84M).

The fastest growing export markets for Navigation Equipment of Norway between 2021 and 2022 were Turkey ($3.33M), United Arab Emirates ($3.15M), and United Kingdom ($2.74M).

Imports In 2022, Norway imported $109M in Navigation Equipment, becoming the 41st largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 190th most imported product in Norway. Norway imports Navigation Equipment primarily from: Germany ($21.2M), Denmark ($12.8M), China ($10.2M), Sweden ($9.89M), and Chinese Taipei ($7.55M).

The fastest growing import markets in Navigation Equipment for Norway between 2021 and 2022 were China ($3.83M), Poland ($2.79M), and Netherlands ($1.3M).

Latest Trends

Oct 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 Navigation Equipment. 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)$74.7M
IMPORTS (2022)$109M
NET TRADE (2022)-$34M

In 2022, Norway exported $74.7M in Navigation Equipment. The main destinations of Norway exports on Navigation Equipment were United Kingdom ($8.91M), China ($8.7M), Sweden ($5.49M), Turkey ($4.49M), and South Korea ($3.84M).

In 2022, Norway imported $109M in Navigation Equipment, mainly from Germany ($21.2M), Denmark ($12.8M), China ($10.2M), Sweden ($9.89M), and Chinese Taipei ($7.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Turkey$3.33M (286%)
United Arab Emirates$3.15M (1.42k%)
United Kingdom$2.74M (44.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Norway WERE (2021 - 2022):
Saudi Arabia-$1.95M (-80.9%)
China-$1.88M (-17.8%)
India-$1.42M (-40.8%)
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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 Navigation Equipment were:
China $3.22B
United States $2.61B
Germany $1.95B
In 2022, Norway's main importing competitors in Navigation Equipment were:
United States $3.89B
Germany $1.74B
China $1.5B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $4.15M
TOP IMPORT POTENTIALChina+ $5.85M

Navigation Equipment’s highest export potential is China. With an export gap of $4.15M.   Navigation Equipment’s highest import potential is China with an import gap of $5.85M.

See methodology.

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