2022
Exports
$5MWorld Rnk 62 / 179
Flag Rnk 399 / 1197
2022
PRODUCT COMPLEXITY IN Iron Cloth
-0.056Rnk 564 / 1025
2022
Imports
$81.2MWorld Rnk 27 / 221
Flag Rnk 243 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $5M in Iron Cloth, making it the 62nd largest exporter of Iron Cloth in the world. At the same year, Iron Cloth was the 399th most exported product in Norway. The main destination of Iron Cloth exports from Norway are: Denmark ($1.88M), Russia ($955k), Poland ($506k), Argentina ($405k), and United Kingdom ($357k).

The fastest growing export markets for Iron Cloth of Norway between 2021 and 2022 were Poland ($469k), Russia ($273k), and Iceland ($172k).

Imports In 2022, Norway imported $81.2M in Iron Cloth, becoming the 27th largest importer of Iron Cloth in the world. At the same year, Iron Cloth was the 243rd most imported product in Norway. Norway imports Iron Cloth primarily from: Netherlands ($14M), Germany ($12.2M), Sweden ($11M), Poland ($10.4M), and Portugal ($10.1M).

The fastest growing import markets in Iron Cloth for Norway between 2021 and 2022 were Portugal ($5.91M), Poland ($4.87M), and Germany ($2.58M).

Latest Trends

Sep 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 Iron Cloth. 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)$5M
IMPORTS (2022)$81.2M
NET TRADE (2022)-$76.2M

In 2022, Norway exported $5M in Iron Cloth. The main destinations of Norway exports on Iron Cloth were Denmark ($1.88M), Russia ($955k), Poland ($506k), Argentina ($405k), and United Kingdom ($357k).

In 2022, Norway imported $81.2M in Iron Cloth, mainly from Netherlands ($14M), Germany ($12.2M), Sweden ($11M), Poland ($10.4M), and Portugal ($10.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Cloth EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Poland$469k (1.27k%)
Russia$273k (40%)
Iceland$172k (196%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Cloth BY Norway WERE (2021 - 2022):
China-$895k (-99.4%)
United Kingdom-$509k (-58.8%)
Angola-$211k (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Iron Cloth were:
China $2.36B
Italy $728M
In 2022, Norway's main importing competitors in Iron Cloth were:

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Trade Value of Iron Cloth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $332k
TOP IMPORT POTENTIALChina+ $3.34M

Iron Cloth’s highest export potential is United States. With an export gap of $332k.   Iron Cloth’s highest import potential is China with an import gap of $3.34M.

See methodology.

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