2022
Exports | Imports
$16.3M | $44.1MWorld Rnk 37 / 201
Flag Rnk 274 / 1197
World Rnk 46 / 220
Flag Rnk 359 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.58Rnk 41 / 124
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
2.02Rnk 3 / 1025

About

Exports In 2022, Norway exported $16.3M in Electric Soldering Equipment, making it the 37th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 274th most exported product in Norway. The main destination of Electric Soldering Equipment exports from Norway are: United States ($4.38M), United Kingdom ($1.49M), Germany ($1.43M), Turkey ($1.1M), and Sweden ($1.07M).

The fastest growing export markets for Electric Soldering Equipment of Norway between 2021 and 2022 were United States ($1.19M), Netherlands ($753k), and Spain ($393k).

Imports In 2022, Norway imported $44.1M in Electric Soldering Equipment, becoming the 46th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 359th most imported product in Norway. Norway imports Electric Soldering Equipment primarily from: Germany ($6.54M), Finland ($5.46M), Sweden ($5.03M), Italy ($4.83M), and China ($3.94M).

The fastest growing import markets in Electric Soldering Equipment for Norway between 2021 and 2022 were Italy ($1.83M), Austria ($1.31M), and China ($656k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electric Soldering Equipment 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 Electric Soldering Equipment. 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)$16.3M
IMPORTS (2022)$44.1M
NET TRADE (2022)-$27.8M

In 2022, Norway exported $16.3M in Electric Soldering Equipment. The main destinations of Norway exports on Electric Soldering Equipment were United States ($4.38M), United Kingdom ($1.49M), Germany ($1.43M), Turkey ($1.1M), and Sweden ($1.07M).

In 2022, Norway imported $44.1M in Electric Soldering Equipment, mainly from Germany ($6.54M), Finland ($5.46M), Sweden ($5.03M), Italy ($4.83M), and China ($3.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$1.19M (37.4%)
Netherlands$753k (448%)
Spain$393k (388%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Norway WERE (2021 - 2022):
United Kingdom-$693k (-31.7%)
Czechia-$422k (-44.2%)
Bulgaria-$395k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Electric Soldering Equipment were:
In 2022, Norway's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

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