2023
Exports
$1.03MWorld Rnk 48 / 196
Flag Rnk 628 / 1199
2023
PRODUCT COMPLEXITY IN Drafting Tools
1.84Rnk 11 / 1025
2023
Imports
$13.2MWorld Rnk 37 / 222
Flag Rnk 582 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $1.03M in Drafting Tools, making it the 48th largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 628th most exported product in Norway. The main destination of Drafting Tools exports from Norway are: United Kingdom ($243k), France ($128k), Sweden ($123k), Hong Kong ($107k), and Denmark ($103k).

The fastest growing export markets for Drafting Tools of Norway between 2022 and 2023 were United Kingdom ($212k), France ($113k), and Hong Kong ($107k).

Imports In 2023, Norway imported $13.2M in Drafting Tools, becoming the 37th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 582nd most imported product in Norway. Norway imports Drafting Tools primarily from: China ($3.21M), Romania ($2.39M), Sweden ($1.65M), United Kingdom ($1.13M), and Germany ($991k).

The fastest growing import markets in Drafting Tools for Norway between 2022 and 2023 were Belgium ($235k), Japan ($228k), and China ($213k).

COMPANIES In 2024, leading companies such as Stanley Black & Decker (2) were at the forefront of shipping Drafting Tools from Norway to the United States.

Latest Trends

Jan 2025

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 Drafting 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 (2023)$1.03M
IMPORTS (2023)$13.2M
NET TRADE (2023)-$12.2M

In 2023, Norway exported $1.03M in Drafting Tools. The main destinations of Norway exports on Drafting Tools were United Kingdom ($243k), France ($128k), Sweden ($123k), Hong Kong ($107k), and Denmark ($103k).

In 2023, Norway imported $13.2M in Drafting Tools, mainly from China ($3.21M), Romania ($2.39M), Sweden ($1.65M), United Kingdom ($1.13M), and Germany ($991k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR Norway WERE (2022 - 2023):
United Kingdom$212k (669%)
France$113k (731%)
Hong Kong$107k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY Norway WERE (2022 - 2023):
Denmark-$125k (-54.9%)
Sweden-$46k (-27.3%)
Singapore-$43.6k (-98%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Drafting Tools were:
In 2023, Norway's main importing competitors in Drafting Tools were:

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Trade Value of Drafting Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $93.8k
TOP IMPORT POTENTIALChina+ $1.12M

Drafting Tools’s highest export potential is United States. With an export gap of $93.8k.   Drafting Tools’s highest import potential is China with an import gap of $1.12M.

See methodology.

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