2022
Exports
$131MWorld Rnk 3 / 152
Flag Rnk 85 / 1197
2022
PRODUCT COMPLEXITY IN Granite
-1.39Rnk 929 / 1025
2022
Imports
$2.5MWorld Rnk 50 / 197
Flag Rnk 878 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $131M in Granite, making it the 3rd largest exporter of Granite in the world. At the same year, Granite was the 85th most exported product in Norway. The main destination of Granite exports from Norway are: China ($36.3M), United Kingdom ($23.1M), India ($12.2M), Italy ($8.42M), and Spain ($6.83M).

The fastest growing export markets for Granite of Norway between 2021 and 2022 were India ($5.33M), Lithuania ($1.78M), and Germany ($1.24M).

Imports In 2022, Norway imported $2.5M in Granite, becoming the 50th largest importer of Granite in the world. At the same year, Granite was the 878th most imported product in Norway. Norway imports Granite primarily from: India ($935k), Sweden ($798k), China ($223k), Belgium ($109k), and Finland ($80.1k).

The fastest growing import markets in Granite for Norway between 2021 and 2022 were Belgium ($109k), China ($51.9k), and Turkey ($49.7k).

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 Granite. 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)$131M
IMPORTS (2022)$2.5M
NET TRADE (2022)$129M

In 2022, Norway exported $131M in Granite. The main destinations of Norway exports on Granite were China ($36.3M), United Kingdom ($23.1M), India ($12.2M), Italy ($8.42M), and Spain ($6.83M).

In 2022, Norway imported $2.5M in Granite, mainly from India ($935k), Sweden ($798k), China ($223k), Belgium ($109k), and Finland ($80.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Granite EXPORT MARKETS FOR Norway WERE (2021 - 2022):
India$5.33M (77.1%)
Lithuania$1.78M (76.6%)
Germany$1.24M (40%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granite BY Norway WERE (2021 - 2022):
United Kingdom-$34.4M (-59.8%)
China-$25.1M (-40.9%)
Denmark-$6.84M (-53.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Granite were:
India $718M
In 2022, Norway's main importing competitors in Granite were:

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Trade Value of Granite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $768k
TOP IMPORT POTENTIALIndia+ $478k

Granite’s highest export potential is United States. With an export gap of $768k.   Granite’s highest import potential is India with an import gap of $478k.

See methodology.

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