2022
Exports
$688kWorld Rnk 61 / 153
Flag Rnk 685 / 1197
2022
PRODUCT COMPLEXITY IN Mill Machinery
0.2Rnk 485 / 1025
2022
Imports
$11.9MWorld Rnk 58 / 202
Flag Rnk 608 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $688k in Mill Machinery, making it the 61st largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 685th most exported product in Norway. The main destination of Mill Machinery exports from Norway are: Denmark ($424k), Poland ($66.2k), Germany ($44.7k), Estonia ($42.3k), and Seychelles ($27.3k).

The fastest growing export markets for Mill Machinery of Norway between 2021 and 2022 were Poland ($51.2k), Estonia ($42.3k), and Germany ($34.9k).

Imports In 2022, Norway imported $11.9M in Mill Machinery, becoming the 58th largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 608th most imported product in Norway. Norway imports Mill Machinery primarily from: Denmark ($9.34M), Germany ($892k), Switzerland ($468k), Sweden ($259k), and Latvia ($184k).

The fastest growing import markets in Mill Machinery for Norway between 2021 and 2022 were Switzerland ($144k), Latvia ($134k), and United Kingdom ($81.9k).

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 Mill Machinery. 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)$688k
IMPORTS (2022)$11.9M
NET TRADE (2022)-$11.2M

In 2022, Norway exported $688k in Mill Machinery. The main destinations of Norway exports on Mill Machinery were Denmark ($424k), Poland ($66.2k), Germany ($44.7k), Estonia ($42.3k), and Seychelles ($27.3k).

In 2022, Norway imported $11.9M in Mill Machinery, mainly from Denmark ($9.34M), Germany ($892k), Switzerland ($468k), Sweden ($259k), and Latvia ($184k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Poland$51.2k (341%)
Estonia$42.3k (1%)
Germany$34.9k (358%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery BY Norway WERE (2021 - 2022):
Denmark-$722k (-63%)
United States-$90k (-96.8%)
Sweden-$23.6k (-86.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Mill Machinery were:
China $609M
Italy $195M
In 2022, Norway's main importing competitors in Mill Machinery were:

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Trade Value of Mill Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $38k
TOP IMPORT POTENTIALGermany+ $302k

Mill Machinery’s highest export potential is Germany. With an export gap of $38k.   Mill Machinery’s highest import potential is Germany with an import gap of $302k.

See methodology.

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