2023
Exports
$155MWorld Rnk 95 / 167
Flag Rnk 76 / 1199
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$5.06MWorld Rnk 103 / 174
Flag Rnk 743 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $155M in Gold, making it the 95th largest exporter of Gold in the world. At the same year, Gold was the 76th most exported product in Norway. The main destination of Gold exports from Norway are: Switzerland ($125M), Sweden ($22.3M), Finland ($5.52M), Germany ($1.09M), and United Arab Emirates ($538k).

The fastest growing export markets for Gold of Norway between 2022 and 2023 were Switzerland ($14.2M), Poland ($5.97k), and Belgium ($2.18k).

Imports In 2023, Norway imported $5.06M in Gold, becoming the 103rd largest importer of Gold in the world. At the same year, Gold was the 743rd most imported product in Norway. Norway imports Gold primarily from: Austria ($1.32M), Germany ($1.13M), Sweden ($988k), Canada ($940k), and Switzerland ($172k).

The fastest growing import markets in Gold for Norway between 2022 and 2023 were Canada ($940k), Sweden ($746k), and Switzerland ($100k).

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 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 (2023)$155M
IMPORTS (2023)$5.06M
NET TRADE (2023)$150M

In 2023, Norway exported $155M in Gold. The main destinations of Norway exports on Gold were Switzerland ($125M), Sweden ($22.3M), Finland ($5.52M), Germany ($1.09M), and United Arab Emirates ($538k).

In 2023, Norway imported $5.06M in Gold, mainly from Austria ($1.32M), Germany ($1.13M), Sweden ($988k), Canada ($940k), and Switzerland ($172k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Switzerland$14.2M (12.8%)
Poland$5.97k (1%)
Belgium$2.18k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Norway WERE (2022 - 2023):
Sweden-$7.3M (-24.7%)
Finland-$3.94M (-41.6%)
Germany-$1.19M (-52.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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