2022
Exports | Imports
$2.57M | $25.7MWorld Rnk 40 / 200
Flag Rnk 512 / 1197
World Rnk 33 / 219
Flag Rnk 455 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.58Rnk 41 / 124
2022
PRODUCT COMPLEXITY IN Wrenches
1.26Rnk 92 / 1025

About

Exports In 2022, Norway exported $2.57M in Wrenches, making it the 40th largest exporter of Wrenches in the world. At the same year, Wrenches was the 512th most exported product in Norway. The main destination of Wrenches exports from Norway are: Denmark ($911k), United Kingdom ($365k), United States ($182k), Sweden ($177k), and Netherlands ($127k).

The fastest growing export markets for Wrenches of Norway between 2021 and 2022 were Denmark ($466k), United Kingdom ($93.8k), and United States ($64.1k).

Imports In 2022, Norway imported $25.7M in Wrenches, becoming the 33rd largest importer of Wrenches in the world. At the same year, Wrenches was the 455th most imported product in Norway. Norway imports Wrenches primarily from: Chinese Taipei ($6.17M), Sweden ($3.9M), Germany ($3.66M), United States ($3.37M), and China ($2.86M).

The fastest growing import markets in Wrenches for Norway between 2021 and 2022 were Chinese Taipei ($794k), United States ($693k), and China ($498k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Wrenches from Norway to the United States.

Latest Trends

Feb 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 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

Trade Balance

Color
EXPORTS (2022)$2.57M
IMPORTS (2022)$25.7M
NET TRADE (2022)-$23.1M

In 2022, Norway exported $2.57M in Wrenches. The main destinations of Norway exports on Wrenches were Denmark ($911k), United Kingdom ($365k), United States ($182k), Sweden ($177k), and Netherlands ($127k).

In 2022, Norway imported $25.7M in Wrenches, mainly from Chinese Taipei ($6.17M), Sweden ($3.9M), Germany ($3.66M), United States ($3.37M), and China ($2.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Denmark$466k (105%)
United Kingdom$93.8k (34.6%)
United States$64.1k (54.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Norway WERE (2021 - 2022):
Italy-$368k (-97.3%)
Singapore-$362k (-98.2%)
Australia-$42.1k (-89.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Wrenches were:
In 2022, Norway's main importing competitors in Wrenches were:

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Trade Value of Wrenches by Exporters

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