2023
Exports
$158MWorld Rnk 43 / 224
Flag Rnk 72 / 1199
2023
PRODUCT COMPLEXITY IN Centrifuges
1.22Rnk 101 / 1025
2023
Imports
$485MWorld Rnk 40 / 225
Flag Rnk 39 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $158M in Centrifuges, making it the 43rd largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 72nd most exported product in Norway. The main destination of Centrifuges exports from Norway are: South Korea ($26M), China ($20.5M), Turkey ($16M), Tunisia ($13.9M), and United Kingdom ($11.3M).

The fastest growing export markets for Centrifuges of Norway between 2022 and 2023 were South Korea ($16M), Tunisia ($13.9M), and United Kingdom ($6.42M).

Imports In 2023, Norway imported $485M in Centrifuges, becoming the 40th largest importer of Centrifuges in the world. At the same year, Centrifuges was the 39th most imported product in Norway. Norway imports Centrifuges primarily from: Germany ($102M), Sweden ($56.4M), United States ($49.9M), United Kingdom ($34.1M), and Denmark ($27.4M).

The fastest growing import markets in Centrifuges for Norway between 2022 and 2023 were United States ($13.1M), Germany ($12.6M), and Italy ($8.78M).

Latest Trends

Dec 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 Centrifuges. 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)$158M
IMPORTS (2023)$485M
NET TRADE (2023)-$328M

In 2023, Norway exported $158M in Centrifuges. The main destinations of Norway exports on Centrifuges were South Korea ($26M), China ($20.5M), Turkey ($16M), Tunisia ($13.9M), and United Kingdom ($11.3M).

In 2023, Norway imported $485M in Centrifuges, mainly from Germany ($102M), Sweden ($56.4M), United States ($49.9M), United Kingdom ($34.1M), and Denmark ($27.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Norway WERE (2022 - 2023):
South Korea$16M (160%)
Tunisia$13.9M (137k%)
United Kingdom$6.42M (132%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Norway WERE (2022 - 2023):
Netherlands-$4.74M (-43.4%)
Sweden-$1.85M (-23.7%)
Poland-$1.08M (-46.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.3M
TOP IMPORT POTENTIALGermany+ $25.1M

Centrifuges’s highest export potential is China. With an export gap of $10.3M.   Centrifuges’s highest import potential is Germany with an import gap of $25.1M.

See methodology.

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