2022
Exports
$4.35MWorld Rnk 50 / 174
Flag Rnk 422 / 1197
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2022
Imports
$84.6MWorld Rnk 29 / 218
Flag Rnk 235 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $4.35M in Woodworking machines, making it the 50th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 422nd most exported product in Norway. The main destination of Woodworking machines exports from Norway are: Sweden ($1.47M), Finland ($480k), Netherlands ($455k), United Kingdom ($341k), and Denmark ($222k).

The fastest growing export markets for Woodworking machines of Norway between 2021 and 2022 were Cote d'Ivoire ($194k), South Korea ($159k), and United Kingdom ($120k).

Imports In 2022, Norway imported $84.6M in Woodworking machines, becoming the 29th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 235th most imported product in Norway. Norway imports Woodworking machines primarily from: China ($19.8M), Sweden ($17.5M), Germany ($16M), Finland ($6.28M), and Italy ($6.24M).

The fastest growing import markets in Woodworking machines for Norway between 2021 and 2022 were Germany ($2.27M), China ($2.14M), and Finland ($1.98M).

Latest Trends

Jul 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 Woodworking 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 (2022)$4.35M
IMPORTS (2022)$84.6M
NET TRADE (2022)-$80.3M

In 2022, Norway exported $4.35M in Woodworking machines. The main destinations of Norway exports on Woodworking machines were Sweden ($1.47M), Finland ($480k), Netherlands ($455k), United Kingdom ($341k), and Denmark ($222k).

In 2022, Norway imported $84.6M in Woodworking machines, mainly from China ($19.8M), Sweden ($17.5M), Germany ($16M), Finland ($6.28M), and Italy ($6.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Cote d'Ivoire$194k (1%)
South Korea$159k (48.6k%)
United Kingdom$120k (54%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Norway WERE (2021 - 2022):
Germany-$359k (-81%)
United States-$148k (-100%)
Singapore-$125k (-99.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, Norway's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $237k
TOP IMPORT POTENTIALGermany+ $2.33M

Woodworking machines’s highest export potential is United Kingdom. With an export gap of $237k.   Woodworking machines’s highest import potential is Germany with an import gap of $2.33M.

See methodology.

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