HS Icon Hand Tools in  Flag Norway

2021
Exports | Imports
: $1.71M | $19.1M, World Rnk 48 / 196
Flag Rnk 570 / 1186 | World Rnk 34 / 218
Flag Rnk 526 / 1210

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $601k | $1.08M, Sweden |  Sweden

2021
ECONOMIC COMPLEXITY of Norway
: 0.69, Rnk 38 / 131

2021
PRODUCT COMPLEXITY IN Hand Tools
: 0.81, Rnk 243 / 1024

Exports In 2021, Norway exported $1.71M in Hand Tools, making it the 48th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 570th most exported product in Norway. The main destination of Hand Tools exports from Norway are: Sweden ($859k), United Kingdom ($118k), Germany ($116k), Denmark ($100k), and Angola ($87.1k).

The fastest growing export markets for Hand Tools of Norway between 2020 and 2021 were Sweden ($601k), Angola ($82.7k), and Australia ($69k).

Imports In 2021, Norway imported $19.1M in Hand Tools, becoming the 34th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 526th most imported product in Norway. Norway imports Hand Tools primarily from: Sweden ($5.39M), Germany ($4.83M), China ($1.82M), Chinese Taipei ($1.37M), and United States ($824k).

The fastest growing import markets in Hand Tools for Norway between 2020 and 2021 were Sweden ($1.08M), Germany ($869k), and Denmark ($210k).

Jun 2023

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Hand Tools. 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

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EXPORTS (2021): $1.71M

IMPORTS (2021): $19.1M

NET TRADE (2021): -$17.4M

In 2021, Norway exported $1.71M in Hand Tools. The main destinations of Norway exports on Hand Tools were Sweden ($859k), United Kingdom ($118k), Germany ($116k), Denmark ($100k), and Angola ($87.1k).

In 2021, Norway imported $19.1M in Hand Tools, mainly from Sweden ($5.39M), Germany ($4.83M), China ($1.82M), Chinese Taipei ($1.37M), and United States ($824k).

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Flow

THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Norway WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Norway WERE (2020 - 2021):

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Market Concentration

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In 2021, Norway's main exporting competitors in Hand Tools were:

In 2021, Norway's main importing competitors in Hand Tools were:

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