2022
Exports
$637MWorld Rnk 13 / 94
Flag Rnk 18 / 1197
2022
PRODUCT COMPLEXITY IN Platinum
0.58Rnk 328 / 1025
2022
Imports
$61.7MWorld Rnk 29 / 143
Flag Rnk 301 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $637M in Platinum, making it the 13th largest exporter of Platinum in the world. At the same year, Platinum was the 18th most exported product in Norway. The main destination of Platinum exports from Norway are: United Kingdom ($328M), South Korea ($215M), Ireland ($28.6M), Japan ($21.1M), and China ($16.3M).

The fastest growing export markets for Platinum of Norway between 2021 and 2022 were Ireland ($25.1M), South Africa ($2.74M), and Denmark ($123k).

Imports In 2022, Norway imported $61.7M in Platinum, becoming the 29th largest importer of Platinum in the world. At the same year, Platinum was the 301st most imported product in Norway. Norway imports Platinum primarily from: United Kingdom ($27.6M), South Africa ($13.8M), Germany ($6.79M), Belgium ($2.87M), and United States ($1.97M).

The fastest growing import markets in Platinum for Norway between 2021 and 2022 were United Kingdom ($18M), South Africa ($6.52M), and Belgium ($2.87M).

Latest Trends

May 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 Platinum. 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)$637M
IMPORTS (2022)$61.7M
NET TRADE (2022)$575M

In 2022, Norway exported $637M in Platinum. The main destinations of Norway exports on Platinum were United Kingdom ($328M), South Korea ($215M), Ireland ($28.6M), Japan ($21.1M), and China ($16.3M).

In 2022, Norway imported $61.7M in Platinum, mainly from United Kingdom ($27.6M), South Africa ($13.8M), Germany ($6.79M), Belgium ($2.87M), and United States ($1.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Ireland$25.1M (716%)
South Africa$2.74M (1%)
Denmark$123k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Norway WERE (2021 - 2022):
United Kingdom-$82.1M (-20%)
Japan-$57.6M (-73.2%)
South Korea-$39.5M (-15.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Platinum were:
In 2022, Norway's main importing competitors in Platinum were:

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $18.7M
TOP IMPORT POTENTIALSouth Africa+ $6.23M

Platinum’s highest export potential is China. With an export gap of $18.7M.   Platinum’s highest import potential is South Africa with an import gap of $6.23M.

See methodology.

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