2023
Exports
$5.63MWorld Rnk 12 / 83
Flag Rnk 377 / 1199
2023
PRODUCT COMPLEXITY IN Felt Machinery
1.1Rnk 146 / 1025
2023
Imports
$53kWorld Rnk 102 / 146
Flag Rnk 1145 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $5.63M in Felt Machinery, making it the 12th largest exporter of Felt Machinery in the world. At the same year, Felt Machinery was the 377th most exported product in Norway. The main destination of Felt Machinery exports from Norway are: Canada ($5.04M), Sweden ($283k), Germany ($282k), China ($10.3k), and United States ($8.76k).

The fastest growing export markets for Felt Machinery of Norway between 2022 and 2023 were Canada ($5.03M), Germany ($280k), and Sweden ($258k).

Imports In 2023, Norway imported $53k in Felt Machinery, becoming the 102nd largest importer of Felt Machinery in the world. At the same year, Felt Machinery was the 1145th most imported product in Norway. Norway imports Felt Machinery primarily from: United Kingdom ($18.9k), Czechia ($6.97k), Canada ($6.06k), Germany ($5.71k), and Portugal ($5.36k).

The fastest growing import markets in Felt Machinery for Norway between 2022 and 2023 were United Kingdom ($16.3k), Czechia ($6.97k), and Canada ($6.06k).

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 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 (2023)$5.63M
IMPORTS (2023)$53k
NET TRADE (2023)$5.58M

In 2023, Norway exported $5.63M in Felt Machinery. The main destinations of Norway exports on Felt Machinery were Canada ($5.04M), Sweden ($283k), Germany ($282k), China ($10.3k), and United States ($8.76k).

In 2023, Norway imported $53k in Felt Machinery, mainly from United Kingdom ($18.9k), Czechia ($6.97k), Canada ($6.06k), Germany ($5.71k), and Portugal ($5.36k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Felt Machinery EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Canada$5.03M (49.4k%)
Germany$280k (20.7k%)
Sweden$258k (1.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Machinery BY Norway WERE (2022 - 2023):
Finland-$894k (-100%)
Switzerland-$10.4k (-100%)
Malaysia-$8.07k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Felt Machinery were:
China $202M
Italy $73.8M
In 2023, 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
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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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