Magnesium in Norway | OEC - The Observatory of Economic Complexity

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Exports In 2021, Norway exported $1.45M in Magnesium, making it the 40th largest exporter of Magnesium in the world. At the same year, Magnesium was the 592nd most exported product in Norway. The main destination of Magnesium exports from Norway are: Slovakia ($1.32M), Germany ($102k), Japan ($11.5k), China ($7.08k), and United Kingdom ($3.35k).

The fastest growing export markets for Magnesium of Norway between 2020 and 2021 were Germany ($95.5k), Slovakia ($13.2k), and Japan ($11.5k).

Imports In 2021, Norway imported $41.2M in Magnesium, becoming the 17th largest importer of Magnesium in the world. At the same year, Magnesium was the 360th most imported product in Norway. Norway imports Magnesium primarily from: China ($30.3M), Netherlands ($3.45M), Turkey ($2.9M), Italy ($1.56M), and Spain ($966k).

The fastest growing import markets in Magnesium for Norway between 2020 and 2021 were China ($12.1M), Turkey ($2.9M), and Netherlands ($2.76M).

Mar 2023

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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 Magnesium. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2021): $1.45M

IMPORTS (2021): $41.2M

NET TRADE (2021): -$39.8M

In 2021, Norway exported $1.45M in Magnesium. The main destinations of Norway exports on Magnesium were Slovakia ($1.32M), Germany ($102k), Japan ($11.5k), China ($7.08k), and United Kingdom ($3.35k).

In 2021, Norway imported $41.2M in Magnesium, mainly from China ($30.3M), Netherlands ($3.45M), Turkey ($2.9M), Italy ($1.56M), and Spain ($966k).