2022
Exports
$293kWorld Rnk 53 / 142
Flag Rnk 795 / 1197
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$10.7MWorld Rnk 47 / 188
Flag Rnk 630 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $293k in Tool Plates, making it the 53rd largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 795th most exported product in Norway. The main destination of Tool Plates exports from Norway are: Saudi Arabia ($87.5k), United Arab Emirates ($52.9k), United States ($35.6k), Switzerland ($28.7k), and United Kingdom ($12.2k).

The fastest growing export markets for Tool Plates of Norway between 2021 and 2022 were United Arab Emirates ($45.4k), Saudi Arabia ($33.1k), and Switzerland ($23.4k).

Imports In 2022, Norway imported $10.7M in Tool Plates, becoming the 47th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 630th most imported product in Norway. Norway imports Tool Plates primarily from: Germany ($2.8M), Sweden ($1.47M), United States ($1.26M), China ($1.1M), and Switzerland ($1M).

The fastest growing import markets in Tool Plates for Norway between 2021 and 2022 were United States ($542k), Israel ($193k), and Germany ($129k).

Latest Trends

Nov 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 Tool Plates. 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)$293k
IMPORTS (2022)$10.7M
NET TRADE (2022)-$10.4M

In 2022, Norway exported $293k in Tool Plates. The main destinations of Norway exports on Tool Plates were Saudi Arabia ($87.5k), United Arab Emirates ($52.9k), United States ($35.6k), Switzerland ($28.7k), and United Kingdom ($12.2k).

In 2022, Norway imported $10.7M in Tool Plates, mainly from Germany ($2.8M), Sweden ($1.47M), United States ($1.26M), China ($1.1M), and Switzerland ($1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Saudi Arabia$33.1k (60.9%)
Switzerland$23.4k (440%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Norway WERE (2021 - 2022):
Denmark-$25.1k (-92.6%)
Singapore-$11.1k (-100%)
Spain-$11.1k (-98.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Norway's main importing competitors in Tool Plates were:

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $63.4k
TOP IMPORT POTENTIALGermany+ $806k

Tool Plates’s highest export potential is United States. With an export gap of $63.4k.   Tool Plates’s highest import potential is Germany with an import gap of $806k.

See methodology.

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