2022
Exports
$155MWorld Rnk 85 / 176
Flag Rnk 71 / 1197
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$5.65MWorld Rnk 104 / 178
Flag Rnk 751 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $155M in Gold, making it the 85th largest exporter of Gold in the world. At the same year, Gold was the 71st most exported product in Norway. The main destination of Gold exports from Norway are: Switzerland ($110M), Sweden ($28.5M), Finland ($9.45M), Italy ($2.67M), and Germany ($2.29M).

The fastest growing export markets for Gold of Norway between 2021 and 2022 were Finland ($9.45M), Sweden ($7.24M), and Switzerland ($2.48M).

Imports In 2022, Norway imported $5.65M in Gold, becoming the 104th largest importer of Gold in the world. At the same year, Gold was the 751st most imported product in Norway. Norway imports Gold primarily from: Germany ($2.25M), Austria ($1.98M), Switzerland ($417k), Sweden ($245k), and United Kingdom ($199k).

The fastest growing import markets in Gold for Norway between 2021 and 2022 were Switzerland ($415k), Sweden ($231k), and United Kingdom ($86.9k).

Latest Trends

Oct 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 Gold. 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)$155M
IMPORTS (2022)$5.65M
NET TRADE (2022)$149M

In 2022, Norway exported $155M in Gold. The main destinations of Norway exports on Gold were Switzerland ($110M), Sweden ($28.5M), Finland ($9.45M), Italy ($2.67M), and Germany ($2.29M).

In 2022, Norway imported $5.65M in Gold, mainly from Germany ($2.25M), Austria ($1.98M), Switzerland ($417k), Sweden ($245k), and United Kingdom ($199k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Finland$9.45M (1%)
Sweden$7.24M (34.1%)
Switzerland$2.48M (2.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Norway WERE (2021 - 2022):
Estonia-$1.15M (-100%)
Austria-$411k (-95.6%)
Belgium-$6.44k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $11.6M
TOP IMPORT POTENTIALGermany+ $1.37M

Gold’s highest export potential is Switzerland. With an export gap of $11.6M.   Gold’s highest import potential is Germany with an import gap of $1.37M.

See methodology.

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