2022
Exports
$159kWorld Rnk 53 / 132
Flag Rnk 883 / 1197
2022
PRODUCT COMPLEXITY IN Cooking Hand Tools
0.5Rnk 368 / 1025
2022
Imports
$4.53MWorld Rnk 34 / 209
Flag Rnk 782 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $159k in Cooking Hand Tools, making it the 53rd largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 883rd most exported product in Norway. The main destination of Cooking Hand Tools exports from Norway are: Sweden ($113k), Austria ($10.8k), Belgium ($7.54k), Turkey ($5.51k), and Germany ($4.24k).

The fastest growing export markets for Cooking Hand Tools of Norway between 2021 and 2022 were Austria ($6.74k), Belgium ($6.07k), and Turkey ($5.39k).

Imports In 2022, Norway imported $4.53M in Cooking Hand Tools, becoming the 34th largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 782nd most imported product in Norway. Norway imports Cooking Hand Tools primarily from: China ($1.46M), Sweden ($1.4M), Denmark ($652k), Chinese Taipei ($197k), and Germany ($126k).

The fastest growing import markets in Cooking Hand Tools for Norway between 2021 and 2022 were Chinese Taipei ($160k), Italy ($48.4k), and United States ($46.5k).

Latest Trends

Sep 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 Cooking Hand Tools. 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)$159k
IMPORTS (2022)$4.53M
NET TRADE (2022)-$4.37M

In 2022, Norway exported $159k in Cooking Hand Tools. The main destinations of Norway exports on Cooking Hand Tools were Sweden ($113k), Austria ($10.8k), Belgium ($7.54k), Turkey ($5.51k), and Germany ($4.24k).

In 2022, Norway imported $4.53M in Cooking Hand Tools, mainly from China ($1.46M), Sweden ($1.4M), Denmark ($652k), Chinese Taipei ($197k), and Germany ($126k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Austria$6.74k (168%)
Belgium$6.07k (414%)
Turkey$5.39k (4.49k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY Norway WERE (2021 - 2022):
Sweden-$54.7k (-32.6%)
United States-$29k (-89.9%)
Germany-$13.5k (-76%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Cooking Hand Tools were:
China $357M
Germany $40.9M
France $33.7M
In 2022, Norway's main importing competitors in Cooking Hand Tools were:

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Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.2k
TOP IMPORT POTENTIALChina+ $101k

Cooking Hand Tools’s highest export potential is United States. With an export gap of $18.2k.   Cooking Hand Tools’s highest import potential is China with an import gap of $101k.

See methodology.

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