2023
Exports
$41.4MWorld Rnk 12 / 91
Flag Rnk 184 / 1199
2023
PRODUCT COMPLEXITY IN Pig Iron
-1.16Rnk 869 / 1025
2023
Imports
$1.46MWorld Rnk 50 / 140
Flag Rnk 929 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $41.4M in Pig Iron, making it the 12th largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 184th most exported product in Norway. The main destination of Pig Iron exports from Norway are: Belgium ($11.8M), Germany ($8.92M), Denmark ($7.01M), Sweden ($2.99M), and Finland ($2.97M).

The fastest growing export markets for Pig Iron of Norway between 2022 and 2023 were Belgium ($10.8M), India ($1.84M), and Finland ($1.1M).

Imports In 2023, Norway imported $1.46M in Pig Iron, becoming the 50th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 929th most imported product in Norway. Norway imports Pig Iron primarily from: Slovenia ($537k), Netherlands ($424k), Austria ($200k), Canada ($106k), and China ($64.9k).

The fastest growing import markets in Pig Iron for Norway between 2022 and 2023 were France ($45.2k), United States ($10.6k), and China ($7.83k).

Latest Trends

Dec 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 Pig Iron. 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 (2023)$41.4M
IMPORTS (2023)$1.46M
NET TRADE (2023)$40M

In 2023, Norway exported $41.4M in Pig Iron. The main destinations of Norway exports on Pig Iron were Belgium ($11.8M), Germany ($8.92M), Denmark ($7.01M), Sweden ($2.99M), and Finland ($2.97M).

In 2023, Norway imported $1.46M in Pig Iron, mainly from Slovenia ($537k), Netherlands ($424k), Austria ($200k), Canada ($106k), and China ($64.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Belgium$10.8M (1.06k%)
India$1.84M (8.73k%)
Finland$1.1M (58.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Norway WERE (2022 - 2023):
Germany-$15.6M (-63.6%)
Sweden-$5.75M (-65.8%)
Slovakia-$3.14M (-60.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Pig Iron were:
Brazil $1.88B
Russia $1.37B
In 2023, Norway's main importing competitors in Pig Iron were:

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $1.45M
TOP IMPORT POTENTIALCanada+ $98.5k

Pig Iron’s highest export potential is Turkey. With an export gap of $1.45M.   Pig Iron’s highest import potential is Canada with an import gap of $98.5k.

See methodology.

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