2022
Exports
$20.2MWorld Rnk 31 / 213
Flag Rnk 254 / 1197
2022
PRODUCT COMPLEXITY IN Gaskets
1.44Rnk 64 / 1025
2022
Imports
$31.4MWorld Rnk 36 / 220
Flag Rnk 421 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $20.2M in Gaskets, making it the 31st 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 ($2.22M), United States ($2.18M), United Kingdom ($1.97M), Germany ($1.66M), and Brazil ($1.31M).

The fastest growing export markets for Gaskets of Norway between 2021 and 2022 were Germany ($806k), Italy ($743k), and China ($631k).

Imports In 2022, Norway imported $31.4M in Gaskets, becoming the 36th largest importer of Gaskets in the world. At the same year, Gaskets was the 421st most imported product in Norway. Norway imports Gaskets primarily from: United Kingdom ($6.95M), Germany ($4.33M), United States ($3.3M), Italy ($3.29M), and Netherlands ($2.76M).

The fastest growing import markets in Gaskets for Norway between 2021 and 2022 were Italy ($2.25M), United Kingdom ($1.15M), and Qatar ($371k).

Latest Trends

Nov 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 (2022)$20.2M
IMPORTS (2022)$31.4M
NET TRADE (2022)-$11.2M

In 2022, Norway exported $20.2M in Gaskets. The main destinations of Norway exports on Gaskets were Netherlands ($2.22M), United States ($2.18M), United Kingdom ($1.97M), Germany ($1.66M), and Brazil ($1.31M).

In 2022, Norway imported $31.4M in Gaskets, mainly from United Kingdom ($6.95M), Germany ($4.33M), United States ($3.3M), Italy ($3.29M), and Netherlands ($2.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Germany$806k (94.2%)
Italy$743k (558%)
China$631k (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Norway WERE (2021 - 2022):
United Kingdom-$1.7M (-46.4%)
Spain-$222k (-65.7%)
Vietnam-$189k (-78.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
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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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