2022
Exports
$73.3MWorld Rnk 34 / 172
Flag Rnk 131 / 1197
falsefalse Germany
2022
PRODUCT COMPLEXITY IN Glass Fibers
0.47Rnk 376 / 1025
2022
Imports
$87.9MWorld Rnk 36 / 223
Flag Rnk 232 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $73.3M in Glass Fibers, making it the 34th largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 131st most exported product in Norway. The main destination of Glass Fibers exports from Norway are: Germany ($18.3M), Belgium ($13M), Turkey ($9.63M), Spain ($5.43M), and Portugal ($5.07M).

The fastest growing export markets for Glass Fibers of Norway between 2021 and 2022 were Belgium ($7.63M), Spain ($2.5M), and Germany ($737k).

Imports In 2022, Norway imported $87.9M in Glass Fibers, becoming the 36th largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 232nd most imported product in Norway. Norway imports Glass Fibers primarily from: China ($21.1M), Germany ($10.7M), Sweden ($10.4M), United Kingdom ($9.48M), and Lithuania ($5.2M).

COMPANIES In 2023, leading companies such as Hyosung (1) were at the forefront of shipping Glass Fibers from Norway to the United States.

Latest Trends

Jul 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 Glass Fibers. 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)$73.3M
IMPORTS (2022)$87.9M
NET TRADE (2022)-$14.6M

In 2022, Norway exported $73.3M in Glass Fibers. The main destinations of Norway exports on Glass Fibers were Germany ($18.3M), Belgium ($13M), Turkey ($9.63M), Spain ($5.43M), and Portugal ($5.07M).

In 2022, Norway imported $87.9M in Glass Fibers, mainly from China ($21.1M), Germany ($10.7M), Sweden ($10.4M), United Kingdom ($9.48M), and Lithuania ($5.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Belgium$7.63M (142%)
Spain$2.5M (85.2%)
Germany$737k (4.19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Fibers BY Norway WERE (2021 - 2022):
Finland-$3.15M (-46.2%)
Sweden-$1.88M (-32.9%)
Denmark-$1.78M (-65.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Glass Fibers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $3.63M
TOP IMPORT POTENTIALChina+ $5.38M

Glass Fibers’s highest export potential is Germany. With an export gap of $3.63M.   Glass Fibers’s highest import potential is China with an import gap of $5.38M.

See methodology.

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