2022
Exports
$1.53BWorld Rnk 7 / 137
Flag Rnk 12 / 1197
2022
PRODUCT COMPLEXITY IN Passenger and Cargo Ships
-0.47Rnk 691 / 1025
2022
Imports
$1.41BWorld Rnk 14 / 185
Flag Rnk 8 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.53B in Passenger and Cargo Ships, making it the 7th largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 12th most exported product in Norway. The main destination of Passenger and Cargo Ships exports from Norway are: Bermuda ($306M), Poland ($264M), Cote d'Ivoire ($194M), United Kingdom ($180M), and Israel ($135M).

The fastest growing export markets for Passenger and Cargo Ships of Norway between 2021 and 2022 were Cote d'Ivoire ($194M), United Kingdom ($175M), and Israel ($135M).

Imports In 2022, Norway imported $1.41B in Passenger and Cargo Ships, becoming the 14th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 8th most imported product in Norway. Norway imports Passenger and Cargo Ships primarily from: South Korea ($365M), Germany ($163M), Poland ($161M), Turkey ($160M), and China ($142M).

The fastest growing import markets in Passenger and Cargo Ships for Norway between 2021 and 2022 were South Korea ($183M), Germany ($76M), and Japan ($22.6M).

Latest Trends

Sep 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 Passenger and Cargo Ships. 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)$1.53B
IMPORTS (2022)$1.41B
NET TRADE (2022)$119M

In 2022, Norway exported $1.53B in Passenger and Cargo Ships. The main destinations of Norway exports on Passenger and Cargo Ships were Bermuda ($306M), Poland ($264M), Cote d'Ivoire ($194M), United Kingdom ($180M), and Israel ($135M).

In 2022, Norway imported $1.41B in Passenger and Cargo Ships, mainly from South Korea ($365M), Germany ($163M), Poland ($161M), Turkey ($160M), and China ($142M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Cote d'Ivoire$194M (1%)
United Kingdom$175M (3.04k%)
Israel$135M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY Norway WERE (2021 - 2022):
France-$356M (-92.6%)
Bermuda-$260M (-46%)
Germany-$205M (-88.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Passenger and Cargo Ships were:
In 2022, Norway's main importing competitors in Passenger and Cargo Ships were:

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Trade Value of Passenger and Cargo Ships by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $12.7M
TOP IMPORT POTENTIALChina+ $32.9M

Passenger and Cargo Ships’s highest export potential is Germany. With an export gap of $12.7M.   Passenger and Cargo Ships’s highest import potential is China with an import gap of $32.9M.

See methodology.

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