2022
Exports
$1.8BWorld Rnk 7 / 129
Flag Rnk 10 / 1197
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$29.1MWorld Rnk 63 / 172
Flag Rnk 431 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.8B in Ferroalloys, making it the 7th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 10th most exported product in Norway. The main destination of Ferroalloys exports from Norway are: United States ($208M), Turkey ($194M), Netherlands ($185M), Germany ($152M), and Finland ($126M).

The fastest growing export markets for Ferroalloys of Norway between 2021 and 2022 were Turkey ($101M), Finland ($54.6M), and Chinese Taipei ($47.4M).

Imports In 2022, Norway imported $29.1M in Ferroalloys, becoming the 63rd largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 431st most imported product in Norway. Norway imports Ferroalloys primarily from: China ($6.57M), France ($6.08M), Ukraine ($3.42M), Sweden ($2.93M), and Poland ($2.11M).

The fastest growing import markets in Ferroalloys for Norway between 2021 and 2022 were France ($5.55M), China ($4.66M), and Poland ($1.94M).

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 Ferroalloys. 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)$1.8B
IMPORTS (2022)$29.1M
NET TRADE (2022)$1.77B

In 2022, Norway exported $1.8B in Ferroalloys. The main destinations of Norway exports on Ferroalloys were United States ($208M), Turkey ($194M), Netherlands ($185M), Germany ($152M), and Finland ($126M).

In 2022, Norway imported $29.1M in Ferroalloys, mainly from China ($6.57M), France ($6.08M), Ukraine ($3.42M), Sweden ($2.93M), and Poland ($2.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Turkey$101M (108%)
Finland$54.6M (76.1%)
Chinese Taipei$47.4M (231%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Norway WERE (2021 - 2022):
Netherlands-$64.1M (-25.7%)
Russia-$14.9M (-100%)
Poland-$13.3M (-13.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $35.9M
TOP IMPORT POTENTIALChina+ $2.21M

Ferroalloys’s highest export potential is China. With an export gap of $35.9M.   Ferroalloys’s highest import potential is China with an import gap of $2.21M.

See methodology.

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