2022
Exports
$1.1MWorld Rnk 56 / 122
Flag Rnk 622 / 1197
2022
PRODUCT COMPLEXITY IN Steam Turbines
0.39Rnk 412 / 1025
2022
Imports
$11.8MWorld Rnk 55 / 191
Flag Rnk 610 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.1M in Steam Turbines, making it the 56th largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 622nd most exported product in Norway. The main destination of Steam Turbines exports from Norway are: Germany ($318k), France ($199k), Italy ($125k), United Kingdom ($120k), and Canada ($115k).

The fastest growing export markets for Steam Turbines of Norway between 2021 and 2022 were Germany ($315k), France ($199k), and Estonia ($37.4k).

Imports In 2022, Norway imported $11.8M in Steam Turbines, becoming the 55th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 610th most imported product in Norway. Norway imports Steam Turbines primarily from: Italy ($6.59M), United Kingdom ($3.43M), Germany ($677k), Ireland ($181k), and Canada ($169k).

The fastest growing import markets in Steam Turbines for Norway between 2021 and 2022 were United Kingdom ($3.36M), Italy ($1.97M), and Germany ($279k).

COMPANIES In 2023, leading companies such as Helly Hansen (2) were at the forefront of shipping Steam Turbines from Norway to the United States.

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 Steam Turbines. 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)$1.1M
IMPORTS (2022)$11.8M
NET TRADE (2022)-$10.7M

In 2022, Norway exported $1.1M in Steam Turbines. The main destinations of Norway exports on Steam Turbines were Germany ($318k), France ($199k), Italy ($125k), United Kingdom ($120k), and Canada ($115k).

In 2022, Norway imported $11.8M in Steam Turbines, mainly from Italy ($6.59M), United Kingdom ($3.43M), Germany ($677k), Ireland ($181k), and Canada ($169k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Germany$315k (11.8k%)
France$199k (1%)
Estonia$37.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Norway WERE (2021 - 2022):
United States-$1.79M (-97.9%)
United Kingdom-$465k (-79.5%)
Canada-$216k (-65.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Steam Turbines were:
In 2022, Norway's main importing competitors in Steam Turbines were:

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $118k
TOP IMPORT POTENTIALGermany+ $662k

Steam Turbines’s highest export potential is Germany. With an export gap of $118k.   Steam Turbines’s highest import potential is Germany with an import gap of $662k.

See methodology.

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