HS Icon Wrenches in  Flag Norway

2021
Exports | Imports
: $2.35M | $24.7M, World Rnk 42 / 204
Flag Rnk 526 / 1186 | World Rnk 31 / 219
Flag Rnk 459 / 1210

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $377k | $748k, Italy |  Germany

2021
ECONOMIC COMPLEXITY of Norway
: 0.69, Rnk 38 / 131

2021
PRODUCT COMPLEXITY IN Wrenches
: 1.65, Rnk 31 / 1029

Exports In 2021, Norway exported $2.35M in Wrenches, making it the 42nd largest exporter of Wrenches in the world. At the same year, Wrenches was the 526th most exported product in Norway. The main destination of Wrenches exports from Norway are: Italy ($378k), Singapore ($367k), United Kingdom ($274k), Denmark ($255k), and Sweden ($155k).

The fastest growing export markets for Wrenches of Norway between 2020 and 2021 were Italy ($377k), Singapore ($292k), and Turkey ($58.4k).

Imports In 2021, Norway imported $24.7M in Wrenches, becoming the 31st largest importer of Wrenches in the world. At the same year, Wrenches was the 459th most imported product in Norway. Norway imports Wrenches primarily from: Sweden ($5.3M), Chinese Taipei ($5.28M), Germany ($3.61M), United States ($2.68M), and China ($2.31M).

The fastest growing import markets in Wrenches for Norway between 2020 and 2021 were Germany ($748k), China ($724k), and Chinese Taipei ($614k).

Mar 2023

Subnational Monthly Trade

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The following visualization shows the latest trends on Wrenches. 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

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EXPORTS (2021): $2.35M

IMPORTS (2021): $24.7M

NET TRADE (2021): -$22.4M

In 2021, Norway exported $2.35M in Wrenches. The main destinations of Norway exports on Wrenches were Italy ($378k), Singapore ($367k), United Kingdom ($274k), Denmark ($255k), and Sweden ($155k).

In 2021, Norway imported $24.7M in Wrenches, mainly from Sweden ($5.3M), Chinese Taipei ($5.28M), Germany ($3.61M), United States ($2.68M), and China ($2.31M).

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THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Norway WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Norway WERE (2020 - 2021):

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Market Concentration

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In 2021, Norway's main exporting competitors in Wrenches were:

In 2021, Norway's main importing competitors in Wrenches were:

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