2018
Exports
$2.16BWorld Rnk 4 / 81
Flag Rnk 8 / 1197
2022
PRODUCT COMPLEXITY IN Raw Nickel
-0.24Rnk 629 / 1025
2018
Imports
$1.17MWorld Rnk 62 / 123
Flag Rnk 968 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2018, Norway exported $2.16B in Raw Nickel, making it the 4th largest exporter of Raw Nickel in the world. At the same year, Raw Nickel was the 8th most exported product in Norway. The main destination of Raw Nickel exports from Norway are: Netherlands ($670M), United States ($331M), Germany ($190M), South Korea ($127M), and China ($125M).

The fastest growing export markets for Raw Nickel of Norway between 2021 and 2022 were Netherlands ($469M), United States ($157M), and Germany ($52.7M).

Imports In 2022, Norway imported $1.17M in Raw Nickel, becoming the 62nd largest importer of Raw Nickel in the world. At the same year, Raw Nickel was the 968th most imported product in Norway. Norway imports Raw Nickel primarily from: France ($531k), Sweden ($449k), Finland ($150k), Czechia ($25.4k), and United States ($8.43k).

The fastest growing import markets in Raw Nickel for Norway between 2021 and 2022 were France ($108k), Finland ($51.2k), and Czechia ($25.4k).

Latest Trends

Oct 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 Raw Nickel. 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)$2.16B
IMPORTS (2022)$1.17M
NET TRADE (2022)$2.16B

In 2022, Norway exported $2.16B in Raw Nickel. The main destinations of Norway exports on Raw Nickel were Netherlands ($670M), United States ($331M), Germany ($190M), South Korea ($127M), and China ($125M).

In 2022, Norway imported $1.17M in Raw Nickel, mainly from France ($531k), Sweden ($449k), Finland ($150k), Czechia ($25.4k), and United States ($8.43k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Nickel EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Netherlands$469M (233%)
United States$157M (90.1%)
Germany$52.7M (38.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Nickel BY Norway WERE (2021 - 2022):
China-$387M (-75.7%)
Austria-$18.5M (-100%)
India-$14M (-10.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Raw Nickel were:
Canada $2.78B
Russia $2.74B
In 2022, Norway's main importing competitors in Raw Nickel were:

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Trade Value of Raw Nickel by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $45.1M
TOP IMPORT POTENTIALFinland+ $209k

Raw Nickel’s highest export potential is China. With an export gap of $45.1M.   Raw Nickel’s highest import potential is Finland with an import gap of $209k.

See methodology.

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