2023
Exports
$6.61MWorld Rnk 20 / 117
Flag Rnk 358 / 1199
2023
PRODUCT COMPLEXITY IN Iron Oxides and Hydroxides
-0.35Rnk 657 / 1025
2023
Imports
$4.64MWorld Rnk 37 / 188
Flag Rnk 757 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $6.61M in Iron Oxides and Hydroxides, making it the 20th largest exporter of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 358th most exported product in Norway. The main destination of Iron Oxides and Hydroxides exports from Norway are: Germany ($1.75M), Sweden ($1.2M), Denmark ($1.16M), Belgium ($656k), and Netherlands ($592k).

The fastest growing export markets for Iron Oxides and Hydroxides of Norway between 2022 and 2023 were Belgium ($208k), Japan ($202k), and Denmark ($112k).

Imports In 2023, Norway imported $4.64M in Iron Oxides and Hydroxides, becoming the 37th largest importer of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 757th most imported product in Norway. Norway imports Iron Oxides and Hydroxides primarily from: Denmark ($1.58M), Germany ($1.35M), Sweden ($1.19M), Spain ($277k), and United Kingdom ($119k).

The fastest growing import markets in Iron Oxides and Hydroxides for Norway between 2022 and 2023 were Denmark ($790k), Spain ($91.8k), and United Kingdom ($19.2k).

COMPANIES In 2024, leading companies such as NOURYON FUNCTIONAL CHEMICALS LLC (2) were at the forefront of shipping Iron Oxides and Hydroxides from Norway to the United States.

Latest Trends

Dec 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 Oxides and Hydroxides. 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)$6.61M
IMPORTS (2023)$4.64M
NET TRADE (2023)$1.98M

In 2023, Norway exported $6.61M in Iron Oxides and Hydroxides. The main destinations of Norway exports on Iron Oxides and Hydroxides were Germany ($1.75M), Sweden ($1.2M), Denmark ($1.16M), Belgium ($656k), and Netherlands ($592k).

In 2023, Norway imported $4.64M in Iron Oxides and Hydroxides, mainly from Denmark ($1.58M), Germany ($1.35M), Sweden ($1.19M), Spain ($277k), and United Kingdom ($119k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Oxides and Hydroxides EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Belgium$208k (46.3%)
Japan$202k (1%)
Denmark$112k (10.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Oxides and Hydroxides BY Norway WERE (2022 - 2023):
Netherlands-$1.61M (-73.1%)
United Kingdom-$322k (-71.9%)
Spain-$120k (-31.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Iron Oxides and Hydroxides were:
In 2023, Norway's main importing competitors in Iron Oxides and Hydroxides were:

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Trade Value of Iron Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $258k
TOP IMPORT POTENTIALChina+ $227k

Iron Oxides and Hydroxides’s highest export potential is United States. With an export gap of $258k.   Iron Oxides and Hydroxides’s highest import potential is China with an import gap of $227k.

See methodology.

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