2022
Exports
$6.27MWorld Rnk 21 / 112
Flag Rnk 369 / 1197
2022
PRODUCT COMPLEXITY IN Iron Oxides and Hydroxides
-0.26Rnk 633 / 1025
2022
Imports
$4.82MWorld Rnk 42 / 188
Flag Rnk 770 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $6.27M in Iron Oxides and Hydroxides, making it the 21st largest exporter of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 369th most exported product in Norway. The main destination of Iron Oxides and Hydroxides exports from Norway are: Germany ($1.7M), Sweden ($1.28M), Denmark ($1.05M), United Kingdom ($480k), and Spain ($433k).

The fastest growing export markets for Iron Oxides and Hydroxides of Norway between 2021 and 2022 were Sweden ($694k), Spain ($270k), and United Kingdom ($208k).

Imports In 2022, Norway imported $4.82M in Iron Oxides and Hydroxides, becoming the 42nd largest importer of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 770th most imported product in Norway. Norway imports Iron Oxides and Hydroxides primarily from: Sweden ($1.68M), Germany ($1.65M), Denmark ($800k), Spain ($194k), and China ($173k).

The fastest growing import markets in Iron Oxides and Hydroxides for Norway between 2021 and 2022 were Germany ($553k), Sweden ($151k), and Hong Kong ($124k).

COMPANIES In 2023, leading companies such as NOURYON FUNCTIONAL CHEMICALS LLC (4) were at the forefront of shipping Iron Oxides and Hydroxides from Norway to the United States.

Latest Trends

Oct 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 Oxides and Hydroxides. 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)$6.27M
IMPORTS (2022)$4.82M
NET TRADE (2022)$1.45M

In 2022, Norway exported $6.27M in Iron Oxides and Hydroxides. The main destinations of Norway exports on Iron Oxides and Hydroxides were Germany ($1.7M), Sweden ($1.28M), Denmark ($1.05M), United Kingdom ($480k), and Spain ($433k).

In 2022, Norway imported $4.82M in Iron Oxides and Hydroxides, mainly from Sweden ($1.68M), Germany ($1.65M), Denmark ($800k), Spain ($194k), and China ($173k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Oxides and Hydroxides EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Sweden$694k (118%)
Spain$270k (166%)
United Kingdom$208k (76.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Oxides and Hydroxides BY Norway WERE (2021 - 2022):
Belgium-$502k (-77.9%)
Germany-$279k (-14.1%)
Denmark-$209k (-16.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Iron Oxides and Hydroxides were:
In 2022, Norway's main importing competitors in Iron Oxides and Hydroxides were:

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Trade Value of Iron Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $258k
TOP IMPORT POTENTIALChina+ $227k

Iron Oxides and Hydroxides’s highest export potential is United States. With an export gap of $258k.   Iron Oxides and Hydroxides’s highest import potential is China with an import gap of $227k.

See methodology.

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