2023
Exports
$864kWorld Rnk 57 / 118
Flag Rnk 652 / 1199
2023
PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel
1.38Rnk 65 / 1025
2023
Imports
$42.1MWorld Rnk 60 / 199
Flag Rnk 352 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $864k in Flat Flat-Rolled Steel, making it the 57th largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 652nd most exported product in Norway. The main destination of Flat Flat-Rolled Steel exports from Norway are: Sweden ($172k), United Kingdom ($136k), Germany ($93.2k), Denmark ($65.1k), and Singapore ($63.1k).

The fastest growing export markets for Flat Flat-Rolled Steel of Norway between 2022 and 2023 were United Kingdom ($135k), Germany ($83.7k), and Spain ($56.9k).

Imports In 2023, Norway imported $42.1M in Flat Flat-Rolled Steel, becoming the 60th largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 352nd most imported product in Norway. Norway imports Flat Flat-Rolled Steel primarily from: Sweden ($11.7M), Finland ($10.2M), United Kingdom ($9.7M), Germany ($8.4M), and Denmark ($854k).

The fastest growing import markets in Flat Flat-Rolled Steel for Norway between 2022 and 2023 were United Kingdom ($3.34M), Denmark ($441k), and Poland ($53.2k).

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 Flat Flat-Rolled Steel. 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)$864k
IMPORTS (2023)$42.1M
NET TRADE (2023)-$41.2M

In 2023, Norway exported $864k in Flat Flat-Rolled Steel. The main destinations of Norway exports on Flat Flat-Rolled Steel were Sweden ($172k), United Kingdom ($136k), Germany ($93.2k), Denmark ($65.1k), and Singapore ($63.1k).

In 2023, Norway imported $42.1M in Flat Flat-Rolled Steel, mainly from Sweden ($11.7M), Finland ($10.2M), United Kingdom ($9.7M), Germany ($8.4M), and Denmark ($854k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR Norway WERE (2022 - 2023):
United Kingdom$135k (16k%)
Germany$83.7k (872%)
Spain$56.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat Flat-Rolled Steel BY Norway WERE (2022 - 2023):
Lithuania-$696k (-100%)
Sweden-$225k (-56.7%)
Indonesia-$224k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Flat Flat-Rolled Steel were:
China $5.49B
Japan $5.16B
Germany $3.69B
In 2023, Norway's main importing competitors in Flat Flat-Rolled Steel were:
Mexico $2.59B
Germany $2.32B
Turkey $2.18B

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Trade Value of Flat Flat-Rolled Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $288k
TOP IMPORT POTENTIALSweden+ $4M

Flat Flat-Rolled Steel’s highest export potential is Sweden. With an export gap of $288k.   Flat Flat-Rolled Steel’s highest import potential is Sweden with an import gap of $4M.

See methodology.

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