Magnesium in Norway | The Observatory of Economic Complexity

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Exports In 2022, Norway exported $2.08M in Magnesium, making it the 43rd largest exporter of Magnesium in the world. At the same year, Magnesium was the 545th most exported product in Norway. The main destination of Magnesium exports from Norway are: Slovakia ($1.26M), United Kingdom ($212k), Malaysia ($192k), Germany ($183k), and Denmark ($175k).

The fastest growing export markets for Magnesium of Norway between 2021 and 2022 were United Kingdom ($209k), Malaysia ($192k), and Denmark ($175k).

Imports In 2022, Norway imported $80.4M in Magnesium, becoming the 14th largest importer of Magnesium in the world. At the same year, Magnesium was the 245th most imported product in Norway. Norway imports Magnesium primarily from: China ($64.9M), Turkey ($8.32M), Netherlands ($3.57M), Spain ($1.69M), and Italy ($649k).

The fastest growing import markets in Magnesium for Norway between 2021 and 2022 were China ($33.8M), Turkey ($5.32M), and Spain ($689k).

Mar 2024

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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 Magnesium. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2022)$2.08M

IMPORTS (2022)$80.4M

NET TRADE (2022)-$78.4M

In 2022, Norway exported $2.08M in Magnesium. The main destinations of Norway exports on Magnesium were Slovakia ($1.26M), United Kingdom ($212k), Malaysia ($192k), Germany ($183k), and Denmark ($175k).

In 2022, Norway imported $80.4M in Magnesium, mainly from China ($64.9M), Turkey ($8.32M), Netherlands ($3.57M), Spain ($1.69M), and Italy ($649k).