2022
Exports
$788kWorld Rnk 53 / 153
Flag Rnk 669 / 1197
2022
PRODUCT COMPLEXITY IN Friction Material
0.27Rnk 464 / 1025
2022
Imports
$4.95MWorld Rnk 52 / 211
Flag Rnk 769 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $788k in Friction Material, making it the 53rd largest exporter of Friction Material in the world. At the same year, Friction Material was the 669th most exported product in Norway. The main destination of Friction Material exports from Norway are: United Kingdom ($118k), United States ($101k), South Korea ($59.3k), Indonesia ($43.2k), and Brazil ($43.2k).

The fastest growing export markets for Friction Material of Norway between 2021 and 2022 were United States ($77.7k), Indonesia ($32.9k), and South Korea ($28.8k).

Imports In 2022, Norway imported $4.95M in Friction Material, becoming the 52nd largest importer of Friction Material in the world. At the same year, Friction Material was the 769th most imported product in Norway. Norway imports Friction Material primarily from: Germany ($2.84M), Latvia ($847k), United States ($321k), Sweden ($213k), and United Kingdom ($115k).

The fastest growing import markets in Friction Material for Norway between 2021 and 2022 were Germany ($1.41M), United States ($99.2k), and Italy ($60.5k).

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 Friction Material. 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)$788k
IMPORTS (2022)$4.95M
NET TRADE (2022)-$4.16M

In 2022, Norway exported $788k in Friction Material. The main destinations of Norway exports on Friction Material were United Kingdom ($118k), United States ($101k), South Korea ($59.3k), Indonesia ($43.2k), and Brazil ($43.2k).

In 2022, Norway imported $4.95M in Friction Material, mainly from Germany ($2.84M), Latvia ($847k), United States ($321k), Sweden ($213k), and United Kingdom ($115k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$77.7k (327%)
Indonesia$32.9k (318%)
South Korea$28.8k (94.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Norway WERE (2021 - 2022):
United Kingdom-$333k (-73.8%)
China-$270k (-91.3%)
Germany-$33.1k (-60.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Friction Material were:
In 2022, Norway's main importing competitors in Friction Material were:

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $87k
TOP IMPORT POTENTIALUnited States+ $129k

Friction Material’s highest export potential is United States. With an export gap of $87k.   Friction Material’s highest import potential is United States with an import gap of $129k.

See methodology.

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