2023
Exports
$63.4MWorld Rnk 24 / 197
Flag Rnk 148 / 1199
falsefalse Denmark
2023
PRODUCT COMPLEXITY IN Pulley Systems
0.87Rnk 222 / 1025
2023
Imports
$100MWorld Rnk 25 / 223
Flag Rnk 197 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $63.4M in Pulley Systems, making it the 24th largest exporter of Pulley Systems in the world. At the same year, Pulley Systems was the 148th most exported product in Norway. The main destination of Pulley Systems exports from Norway are: Denmark ($8.92M), China ($7.36M), Romania ($7.2M), Turkey ($4.05M), and Sweden ($3.28M).

The fastest growing export markets for Pulley Systems of Norway between 2022 and 2023 were Romania ($6.87M), Turkey ($1.95M), and Singapore ($1.76M).

Imports In 2023, Norway imported $100M in Pulley Systems, becoming the 25th largest importer of Pulley Systems in the world. At the same year, Pulley Systems was the 197th most imported product in Norway. Norway imports Pulley Systems primarily from: Germany ($12.7M), China ($11.8M), United Kingdom ($11.7M), Sweden ($9.49M), and Denmark ($8.8M).

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 Pulley Systems. 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)$63.4M
IMPORTS (2023)$100M
NET TRADE (2023)-$36.9M

In 2023, Norway exported $63.4M in Pulley Systems. The main destinations of Norway exports on Pulley Systems were Denmark ($8.92M), China ($7.36M), Romania ($7.2M), Turkey ($4.05M), and Sweden ($3.28M).

In 2023, Norway imported $100M in Pulley Systems, mainly from Germany ($12.7M), China ($11.8M), United Kingdom ($11.7M), Sweden ($9.49M), and Denmark ($8.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pulley Systems EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Romania$6.87M (2.08k%)
Turkey$1.95M (92.6%)
Singapore$1.76M (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pulley Systems BY Norway WERE (2022 - 2023):
Brazil-$2.81M (-90.3%)
United States-$2.29M (-43.6%)
Sweden-$903k (-21.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Pulley Systems were:
In 2023, Norway's main importing competitors in Pulley Systems were:

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Trade Value of Pulley Systems by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.26M
TOP IMPORT POTENTIALChina+ $4.51M

Pulley Systems’s highest export potential is United States. With an export gap of $3.26M.   Pulley Systems’s highest import potential is China with an import gap of $4.51M.

See methodology.

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