2023
Exports
$3.14MWorld Rnk 40 / 129
Flag Rnk 475 / 1199
2023
PRODUCT COMPLEXITY IN Vending Machines
0.74Rnk 269 / 1025
2023
Imports
$13.7MWorld Rnk 29 / 196
Flag Rnk 572 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $3.14M in Vending Machines, making it the 40th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 475th most exported product in Norway. The main destination of Vending Machines exports from Norway are: Sweden ($1.09M), Germany ($393k), Denmark ($380k), Iceland ($299k), and Belgium ($282k).

The fastest growing export markets for Vending Machines of Norway between 2022 and 2023 were Iceland ($288k), Belgium ($274k), and Netherlands ($89k).

Imports In 2023, Norway imported $13.7M in Vending Machines, becoming the 29th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 572nd most imported product in Norway. Norway imports Vending Machines primarily from: Sweden ($4.46M), Italy ($1.95M), Netherlands ($1.83M), Germany ($1.07M), and Israel ($780k).

The fastest growing import markets in Vending Machines for Norway between 2022 and 2023 were Netherlands ($1.49M), United Kingdom ($272k), and China ($226k).

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 Vending Machines. 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)$3.14M
IMPORTS (2023)$13.7M
NET TRADE (2023)-$10.5M

In 2023, Norway exported $3.14M in Vending Machines. The main destinations of Norway exports on Vending Machines were Sweden ($1.09M), Germany ($393k), Denmark ($380k), Iceland ($299k), and Belgium ($282k).

In 2023, Norway imported $13.7M in Vending Machines, mainly from Sweden ($4.46M), Italy ($1.95M), Netherlands ($1.83M), Germany ($1.07M), and Israel ($780k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Iceland$288k (2.57k%)
Belgium$274k (3.61k%)
Netherlands$89k (1.21k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Norway WERE (2022 - 2023):
Sweden-$658k (-37.7%)
Finland-$83.3k (-50.1%)
Germany-$66.4k (-14.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Vending Machines were:
In 2023, Norway's main importing competitors in Vending Machines were:

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $172k
TOP IMPORT POTENTIALChina+ $535k

Vending Machines’s highest export potential is Germany. With an export gap of $172k.   Vending Machines’s highest import potential is China with an import gap of $535k.

See methodology.

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