2022
Exports
$948kWorld Rnk 25 / 86
Flag Rnk 644 / 1197
2022
PRODUCT COMPLEXITY IN Felt Machinery
0.94Rnk 196 / 1025
2022
Imports
$65kWorld Rnk 105 / 151
Flag Rnk 1150 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $948k in Felt Machinery, making it the 25th largest exporter of Felt Machinery in the world. At the same year, Felt Machinery was the 644th most exported product in Norway. The main destination of Felt Machinery exports from Norway are: Finland ($881k), Malaysia ($21.6k), Sweden ($18.4k), Switzerland ($10.4k), and Canada ($10.2k).

The fastest growing export markets for Felt Machinery of Norway between 2021 and 2022 were Finland ($881k), Switzerland ($9.28k), and Canada ($4.01k).

Imports In 2022, Norway imported $65k in Felt Machinery, becoming the 105th largest importer of Felt Machinery in the world. At the same year, Felt Machinery was the 1150th most imported product in Norway. Norway imports Felt Machinery primarily from: China ($20k), Germany ($17.1k), Turkey ($10.6k), Hungary ($5.44k), and Sweden ($4.27k).

The fastest growing import markets in Felt Machinery for Norway between 2021 and 2022 were Turkey ($10.6k), Hungary ($5.44k), and Sweden ($2.55k).

Latest Trends

Jul 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 Felt Machinery. 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)$948k
IMPORTS (2022)$65k
NET TRADE (2022)$883k

In 2022, Norway exported $948k in Felt Machinery. The main destinations of Norway exports on Felt Machinery were Finland ($881k), Malaysia ($21.6k), Sweden ($18.4k), Switzerland ($10.4k), and Canada ($10.2k).

In 2022, Norway imported $65k in Felt Machinery, mainly from China ($20k), Germany ($17.1k), Turkey ($10.6k), Hungary ($5.44k), and Sweden ($4.27k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt Machinery EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Finland$881k (1%)
Switzerland$9.28k (805%)
Canada$4.01k (64.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Machinery BY Norway WERE (2021 - 2022):
United States-$654k (-100%)
Japan-$424k (-100%)
Germany-$331k (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Felt Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $14.9k
TOP IMPORT POTENTIALGermany+ $21.8k

Felt Machinery’s highest export potential is Sweden. With an export gap of $14.9k.   Felt Machinery’s highest import potential is Germany with an import gap of $21.8k.

See methodology.

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