2022
Exports
$91.6MWorld Rnk 38 / 119
Flag Rnk 114 / 1197
2022
PRODUCT COMPLEXITY IN Semi-Finished Iron
-0.88Rnk 800 / 1025
2022
Imports
$12.1MWorld Rnk 67 / 188
Flag Rnk 599 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $91.6M in Semi-Finished Iron, making it the 38th largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 114th most exported product in Norway. The main destination of Semi-Finished Iron exports from Norway are: Spain ($64.9M), Denmark ($21.3M), United Kingdom ($2.66M), Lithuania ($1.26M), and Poland ($1.04M).

The fastest growing export markets for Semi-Finished Iron of Norway between 2021 and 2022 were Spain ($62.5M), Denmark ($9.55M), and Lithuania ($1.26M).

Imports In 2022, Norway imported $12.1M in Semi-Finished Iron, becoming the 67th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 599th most imported product in Norway. Norway imports Semi-Finished Iron primarily from: Luxembourg ($5.09M), Sweden ($2.1M), Denmark ($1.78M), Bosnia and Herzegovina ($1.06M), and Switzerland ($449k).

The fastest growing import markets in Semi-Finished Iron for Norway between 2021 and 2022 were Sweden ($984k), Bosnia and Herzegovina ($910k), and Denmark ($514k).

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 Semi-Finished 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 (2022)$91.6M
IMPORTS (2022)$12.1M
NET TRADE (2022)$79.4M

In 2022, Norway exported $91.6M in Semi-Finished Iron. The main destinations of Norway exports on Semi-Finished Iron were Spain ($64.9M), Denmark ($21.3M), United Kingdom ($2.66M), Lithuania ($1.26M), and Poland ($1.04M).

In 2022, Norway imported $12.1M in Semi-Finished Iron, mainly from Luxembourg ($5.09M), Sweden ($2.1M), Denmark ($1.78M), Bosnia and Herzegovina ($1.06M), and Switzerland ($449k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Spain$62.5M (2.62k%)
Denmark$9.55M (81.5%)
Lithuania$1.26M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Norway WERE (2021 - 2022):
United Kingdom-$14.6M (-84.6%)
Cape Verde-$149k (-100%)
Hungary-$11.6k (-31.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Semi-Finished Iron were:
Russia $8.38B
Oman $3.44B
Brazil $3.42B
In 2022, Norway's main importing competitors in Semi-Finished Iron were:

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Trade Value of Semi-Finished Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $1.67M
TOP IMPORT POTENTIALGermany+ $341k

Semi-Finished Iron’s highest export potential is Poland. With an export gap of $1.67M.   Semi-Finished Iron’s highest import potential is Germany with an import gap of $341k.

See methodology.

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