2022
Exports
$1.98MWorld Rnk 62 / 171
Flag Rnk 552 / 1197
2022
PRODUCT COMPLEXITY IN Iron Nails
-0.5Rnk 699 / 1025
2022
Imports
$24.2MWorld Rnk 36 / 220
Flag Rnk 468 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.98M in Iron Nails, making it the 62nd largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 552nd most exported product in Norway. The main destination of Iron Nails exports from Norway are: Sweden ($1.11M), Finland ($503k), Belgium ($101k), Denmark ($63.3k), and Kuwait ($43.1k).

The fastest growing export markets for Iron Nails of Norway between 2021 and 2022 were Belgium ($101k), Kuwait ($43.1k), and Romania ($30.9k).

Imports In 2022, Norway imported $24.2M in Iron Nails, becoming the 36th largest importer of Iron Nails in the world. At the same year, Iron Nails was the 468th most imported product in Norway. Norway imports Iron Nails primarily from: Denmark ($4.87M), Austria ($4.01M), Sweden ($3.75M), China ($2.58M), and Poland ($2.48M).

The fastest growing import markets in Iron Nails for Norway between 2021 and 2022 were Poland ($891k), Austria ($662k), and Chinese Taipei ($481k).

COMPANIES In 2023, leading companies such as Continental Materials (1) were at the forefront of shipping Iron Nails from Norway to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Iron Nails. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.98M
IMPORTS (2022)$24.2M
NET TRADE (2022)-$22.2M

In 2022, Norway exported $1.98M in Iron Nails. The main destinations of Norway exports on Iron Nails were Sweden ($1.11M), Finland ($503k), Belgium ($101k), Denmark ($63.3k), and Kuwait ($43.1k).

In 2022, Norway imported $24.2M in Iron Nails, mainly from Denmark ($4.87M), Austria ($4.01M), Sweden ($3.75M), China ($2.58M), and Poland ($2.48M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Belgium$101k (1%)
Kuwait$43.1k (1%)
Romania$30.9k (8.19k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Norway WERE (2021 - 2022):
Germany-$156k (-96%)
Sweden-$57.2k (-4.89%)
Poland-$38.8k (-93.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Norway's main exporting competitors in Iron Nails were:
In 2022, Norway's main importing competitors in Iron Nails were:

Explore Visualizations

Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $45.6k
TOP IMPORT POTENTIALChina+ $2.01M

Iron Nails’s highest export potential is Belgium. With an export gap of $45.6k.   Iron Nails’s highest import potential is China with an import gap of $2.01M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with