2022
Exports
$5MWorld Rnk 66 / 213
Flag Rnk 398 / 1197
2022
PRODUCT COMPLEXITY IN Semiconductor Devices
1.09Rnk 140 / 1025
2022
Imports
$140MWorld Rnk 62 / 221
Flag Rnk 154 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $5M in Semiconductor Devices, making it the 66th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 398th most exported product in Norway. The main destination of Semiconductor Devices exports from Norway are: Chinese Taipei ($828k), Sweden ($609k), Finland ($601k), United Kingdom ($379k), and United States ($274k).

The fastest growing export markets for Semiconductor Devices of Norway between 2021 and 2022 were Chinese Taipei ($826k), United Kingdom ($254k), and Hungary ($146k).

Imports In 2022, Norway imported $140M in Semiconductor Devices, becoming the 62nd largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 154th most imported product in Norway. Norway imports Semiconductor Devices primarily from: China ($53.5M), Germany ($24.1M), Netherlands ($12.8M), Sweden ($8.52M), and United States ($5.41M).

The fastest growing import markets in Semiconductor Devices for Norway between 2021 and 2022 were China ($32.8M), Germany ($10.6M), and Netherlands ($6M).

COMPANIES In 2023, leading companies such as Costco Wholesale (2) were at the forefront of shipping Semiconductor Devices from Norway to the United States.

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 Semiconductor Devices. 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)$5M
IMPORTS (2022)$140M
NET TRADE (2022)-$135M

In 2022, Norway exported $5M in Semiconductor Devices. The main destinations of Norway exports on Semiconductor Devices were Chinese Taipei ($828k), Sweden ($609k), Finland ($601k), United Kingdom ($379k), and United States ($274k).

In 2022, Norway imported $140M in Semiconductor Devices, mainly from China ($53.5M), Germany ($24.1M), Netherlands ($12.8M), Sweden ($8.52M), and United States ($5.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Chinese Taipei$826k (37k%)
United Kingdom$254k (204%)
Hungary$146k (1.67k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY Norway WERE (2021 - 2022):
Tunisia-$1.04M (-100%)
Netherlands-$150k (-42.4%)
Turkey-$138k (-69.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Semiconductor Devices were:
China $70.2B
Japan $9.88B
In 2022, Norway's main importing competitors in Semiconductor Devices were:

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Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.11M
TOP IMPORT POTENTIALChina+ $31.8M

Semiconductor Devices’s highest export potential is Germany. With an export gap of $1.11M.   Semiconductor Devices’s highest import potential is China with an import gap of $31.8M.

See methodology.

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