2023
Exports
$54.9MWorld Rnk 34 / 176
Flag Rnk 159 / 1199
2023
PRODUCT COMPLEXITY IN Recreational Boats
0.24Rnk 483 / 1025
2023
Imports
$187MWorld Rnk 22 / 219
Flag Rnk 113 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $54.9M in Recreational Boats, making it the 34th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 159th most exported product in Norway. The main destination of Recreational Boats exports from Norway are: Sweden ($13.3M), Germany ($4.89M), Greece ($4.76M), Denmark ($4.45M), and Netherlands ($4.2M).

The fastest growing export markets for Recreational Boats of Norway between 2022 and 2023 were Greece ($3.68M), Turkey ($2.64M), and Spain ($1.65M).

Imports In 2023, Norway imported $187M in Recreational Boats, becoming the 22nd largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 113th most imported product in Norway. Norway imports Recreational Boats primarily from: Poland ($39.1M), Finland ($38.3M), Sweden ($33.2M), France ($11.3M), and United Kingdom ($10.4M).

The fastest growing import markets in Recreational Boats for Norway between 2022 and 2023 were Sweden ($12.3M), United Arab Emirates ($1.33M), and Greece ($1.33M).

COMPANIES In 2024, leading companies such as Adidas (6) were at the forefront of shipping Recreational Boats from Norway to the United States.

Latest Trends

Jan 2025

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 Recreational Boats. 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)$54.9M
IMPORTS (2023)$187M
NET TRADE (2023)-$132M

In 2023, Norway exported $54.9M in Recreational Boats. The main destinations of Norway exports on Recreational Boats were Sweden ($13.3M), Germany ($4.89M), Greece ($4.76M), Denmark ($4.45M), and Netherlands ($4.2M).

In 2023, Norway imported $187M in Recreational Boats, mainly from Poland ($39.1M), Finland ($38.3M), Sweden ($33.2M), France ($11.3M), and United Kingdom ($10.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Greece$3.68M (342%)
Turkey$2.64M (277%)
Spain$1.65M (569%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Norway WERE (2022 - 2023):
Sweden-$2.64M (-16.6%)
France-$2.1M (-57.4%)
Seychelles-$1.51M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Recreational Boats were:
In 2023, Norway's main importing competitors in Recreational Boats were:

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.6M
TOP IMPORT POTENTIALItaly+ $5.48M

Recreational Boats’s highest export potential is United States. With an export gap of $2.6M.   Recreational Boats’s highest import potential is Italy with an import gap of $5.48M.

See methodology.

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