2023
Exports
$18.3MWorld Rnk 34 / 205
Flag Rnk 254 / 1199
2023
PRODUCT COMPLEXITY IN Gaskets
1.46Rnk 51 / 1025
2023
Imports
$39.2MWorld Rnk 34 / 224
Flag Rnk 365 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $18.3M in Gaskets, making it the 34th largest exporter of Gaskets in the world. At the same year, Gaskets was the 254th most exported product in Norway. The main destination of Gaskets exports from Norway are: Netherlands ($2.64M), Singapore ($2.41M), United Kingdom ($1.85M), United States ($1.4M), and China ($1.07M).

The fastest growing export markets for Gaskets of Norway between 2022 and 2023 were Singapore ($1.41M), Netherlands ($600k), and United Kingdom ($537k).

Imports In 2023, Norway imported $39.2M in Gaskets, becoming the 34th largest importer of Gaskets in the world. At the same year, Gaskets was the 365th most imported product in Norway. Norway imports Gaskets primarily from: United Kingdom ($7.31M), Germany ($6.28M), United States ($5M), Italy ($3.85M), and Netherlands ($3.53M).

The fastest growing import markets in Gaskets for Norway between 2022 and 2023 were United States ($2.24M), Netherlands ($1.58M), and India ($952k).

Latest Trends

Dec 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 Gaskets. 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)$18.3M
IMPORTS (2023)$39.2M
NET TRADE (2023)-$20.9M

In 2023, Norway exported $18.3M in Gaskets. The main destinations of Norway exports on Gaskets were Netherlands ($2.64M), Singapore ($2.41M), United Kingdom ($1.85M), United States ($1.4M), and China ($1.07M).

In 2023, Norway imported $39.2M in Gaskets, mainly from United Kingdom ($7.31M), Germany ($6.28M), United States ($5M), Italy ($3.85M), and Netherlands ($3.53M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Singapore$1.41M (140%)
Netherlands$600k (29.4%)
United Kingdom$537k (41%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Norway WERE (2022 - 2023):
Germany-$1.13M (-80.6%)
Italy-$679k (-79%)
Kazakhstan-$363k (-91.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Gaskets were:
In 2023, Norway's main importing competitors in Gaskets were:

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.61M
TOP IMPORT POTENTIALUnited States+ $1.73M

Gaskets’s highest export potential is United States. With an export gap of $1.61M.   Gaskets’s highest import potential is United States with an import gap of $1.73M.

See methodology.

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