Iron Ore in Norway

EXPORTS (2018): $99.5M, World Rnk 22 / 98
Flag Rnk 94 / 1135

TOP DESTINATION (2018): $63.9M, Netherlands

FASTEST GROWING MARKET (2017 - 2018): $6.14M, United Kingdom

IMPORTS (2018): $9.77M, World Rnk 53 / 118
Flag Rnk 635 / 1208

TOP ORIGIN (2018): $8.04M, Russia

FASTEST GROWING ORIGIN (2017 - 2018): $436k, France

ECONOMIC COMPLEXITY of Norway (2018): 0.85, Rnk 34 / 137

PRODUCT COMPLEXITY  IN Iron Ore (2018): -1.84, Rnk 985 / 1018

Overview: This page contains the latest trade data of Iron Ore in Norway.

Exports: In 2018, Norway exported $99.5M in Iron Ore, making it the 22nd largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 94th most exported product in Norway. The main destination of Iron Ore exports from Norway are: Netherlands ($63.9M), Egypt ($16.6M), United Kingdom ($8.94M), Germany ($4.39M), and Sweden ($1.72M).

The fastest growing export markets for Iron Ore of Norway between 2017 and 2018 were United Kingdom ($6.14M), Egypt ($2.96M), and Belgium-Luxembourg ($546k).

Imports: In 2018, Norway imported $9.77M in Iron Ore, becoming the 53rd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 635th most imported product in Norway. Norway imports Iron Ore primarily from: Russia ($8.04M), Sweden ($694k), South Africa ($474k), France ($436k), and Netherlands ($99.3k).

The fastest growing import markets in Iron Ore for Norway between 2017 and 2018 were France ($436k), South Africa ($107k), and Netherlands ($76.9k).

Value

EXPORTS (2018): $99.5M

IMPORTS (2018): $9.77M

NET TRADE (2018): $89.8M

In 2018, Norway exported $99.5M in Iron Ore. The main destinations of Norway exports on Iron Ore were Netherlands ($63.9M), Egypt ($16.6M), United Kingdom ($8.94M), Germany ($4.39M), and Sweden ($1.72M).

In 2018, Norway imported $9.77M in Iron Ore, mainly from Russia ($8.04M), Sweden ($694k), South Africa ($474k), France ($436k), and Netherlands ($99.3k).

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IN 2018, Norway HAD A POSITIVE NET TRADE IN Iron Ore WITH:

  • Netherlands, $63.8M ($63.9M - $99.3k)
  • Egypt, $16.6M ($16.6M - $0)
  • United Kingdom, $8.94M ($8.94M - $1.81k)

IN 2018, Norway HAD A NEGATIVE NET TRADE IN Iron Ore WITH:

  • Russia, -$8.04M ($0 - $8.04M)
  • South Africa, -$474k ($0 - $474k)
  • Denmark, -$2.71k ($0 - $2.71k)
Flow

THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Norway WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Norway WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Norway's main exporting competitors in Iron Ore were:

In 2018, Norway's main importing competitors in Iron Ore were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Iron Ore in Norway. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Iron Ore in the imports of Norway were of 0% around the world.

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