2022
Exports | Imports
$2.37M | $28.2kWorld Rnk 20 / 80
Flag Rnk 1011 / 4182
World Rnk 83 / 138
Flag Rnk 4051 / 4483
2022
ECONOMIC COMPLEXITY of Norway
0.58Rnk 41 / 124

About

Exports In 2022, Norway exported $2.37M in Iron or non-alloy steel in ingots, <99.94% iron, making it the 20th largest exporter of Iron or non-alloy steel in ingots, <99.94% iron in the world. At the same year, Iron or non-alloy steel in ingots, <99.94% iron was the 1011th most exported product in Norway. The main destination of Iron or non-alloy steel in ingots, <99.94% iron exports from Norway are: Denmark ($2.33M), Poland ($24.8k), Netherlands ($6.05k), United Kingdom ($2.68k), and Sweden ($813).

The fastest growing export markets for Iron or non-alloy steel in ingots, <99.94% iron of Norway between 2021 and 2022 were Poland ($23.6k), Netherlands ($6.05k), and United Kingdom ($2.68k).

Imports In 2022, Norway imported $28.2k in Iron or non-alloy steel in ingots, <99.94% iron, becoming the 83rd largest importer of Iron or non-alloy steel in ingots, <99.94% iron in the world. At the same year, Iron or non-alloy steel in ingots, <99.94% iron was the 4051st most imported product in Norway. Norway imports Iron or non-alloy steel in ingots, <99.94% iron primarily from: Netherlands ($8.77k), France ($8.01k), Greece ($4.96k), Denmark ($4.16k), and Finland ($631).

The fastest growing import markets in Iron or non-alloy steel in ingots, <99.94% iron for Norway between 2021 and 2022 were Netherlands ($8.77k), France ($7.84k), and Greece ($4.96k).

COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (111k), WAL-MART INC. (65.1k), and SAMSUNG ELECTRONICS AMERICA (20.9k) were at the forefront of shipping Iron or non-alloy steel in ingots, <99.94% iron from Norway to the United States.

Latest Trends

Feb 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 Iron or non-alloy steel in ingots, <99.94% iron. 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)$2.37M
IMPORTS (2022)$28.2k
NET TRADE (2022)$2.34M

In 2022, Norway exported $2.37M in Iron or non-alloy steel in ingots, <99.94% iron. The main destinations of Norway exports on Iron or non-alloy steel in ingots, <99.94% iron were Denmark ($2.33M), Poland ($24.8k), Netherlands ($6.05k), United Kingdom ($2.68k), and Sweden ($813).

In 2022, Norway imported $28.2k in Iron or non-alloy steel in ingots, <99.94% iron, mainly from Netherlands ($8.77k), France ($8.01k), Greece ($4.96k), Denmark ($4.16k), and Finland ($631).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron or non-alloy steel in ingots, EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Poland$23.6k (1.93k%)
Netherlands$6.05k (1%)
United Kingdom$2.68k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or non-alloy steel in ingots, BY Norway WERE (2021 - 2022):
Denmark-$15M (-86.5%)
Spain-$2.93k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Iron or non-alloy steel in ingots,
Iran $76.4M
China $71.5M
In 2022, Norway's main importing competitors in Iron or non-alloy steel in ingots,

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Trade Value of Iron or non-alloy steel in ingots, <99.94% iron by Exporters

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