2022
Exports | Imports
$227B | $12.6BWorld Rnk 5 / 220
Flag Rnk 1 / 21
World Rnk 50 / 226
Flag Rnk 3 / 21
2022
ECONOMIC COMPLEXITY of Norway
0.58Rnk 41 / 124
2022
PRODUCT COMPLEXITY IN Mineral Products
0.33Rnk 442 / 1025

About

Exports In 2022, Norway exported $227B in Mineral Products, making it the 5th largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 1st most exported product in Norway. The main destination of Mineral Products exports from Norway are: Germany ($73.4B), United Kingdom ($55.6B), France ($23.8B), Belgium ($19.5B), and Netherlands ($11.6B).

The fastest growing export markets for Mineral Products of Norway between 2021 and 2022 were Germany ($41.6B), United Kingdom ($22.5B), and France ($15.9B).

Imports In 2022, Norway imported $12.6B in Mineral Products, becoming the 50th largest importer of Mineral Products in the world. At the same year, Mineral Products was the 3rd most imported product in Norway. Norway imports Mineral Products primarily from: Sweden ($4.4B), Netherlands ($1.53B), United States ($1.1B), United Kingdom ($896M), and Denmark ($817M).

The fastest growing import markets in Mineral Products for Norway between 2021 and 2022 were Sweden ($2.31B), Netherlands ($1.04B), and United Kingdom ($475M).

COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (12.6k), RHI US LTD (54), and CHICKEN OF THE SEA FROZEN FOODS (28) were at the forefront of shipping Mineral Products from Norway to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

View
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 Mineral Products. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$227B
IMPORTS (2022)$12.6B
NET TRADE (2022)$214B

In 2022, Norway exported $227B in Mineral Products. The main destinations of Norway exports on Mineral Products were Germany ($73.4B), United Kingdom ($55.6B), France ($23.8B), Belgium ($19.5B), and Netherlands ($11.6B).

In 2022, Norway imported $12.6B in Mineral Products, mainly from Sweden ($4.4B), Netherlands ($1.53B), United States ($1.1B), United Kingdom ($896M), and Denmark ($817M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Germany$41.6B (131%)
United Kingdom$22.5B (68.1%)
France$15.9B (200%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Norway WERE (2021 - 2022):
China-$3.34B (-50.9%)
Turkey-$781M (-76.5%)
South Korea-$779M (-65.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Norway's main exporting competitors in Mineral Products were:
In 2022, Norway's main importing competitors in Mineral Products were:

Explore Visualizations

Trade Value of Mineral Products by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with