2023
Exports
$40.9kWorld Rnk 80 / 118
Flag Rnk 1002 / 1199
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
$3.68MWorld Rnk 48 / 169
Flag Rnk 801 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $40.9k in Iron Powder, making it the 80th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 1002nd most exported product in Norway. The main destination of Iron Powder exports from Norway are: Indonesia ($18.2k), United Kingdom ($13.5k), Germany ($4.62k), Netherlands ($1.87k), and Sweden ($1.79k).

The fastest growing export markets for Iron Powder of Norway between 2022 and 2023 were Indonesia ($18.2k), United Kingdom ($9.79k), and Germany ($4.62k).

Imports In 2023, Norway imported $3.68M in Iron Powder, becoming the 48th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 801st most imported product in Norway. Norway imports Iron Powder primarily from: Germany ($835k), Netherlands ($595k), Spain ($564k), United Kingdom ($456k), and China ($428k).

The fastest growing import markets in Iron Powder for Norway between 2022 and 2023 were China ($317k), Latvia ($169k), and Canada ($113k).

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 Powder. 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)$40.9k
IMPORTS (2023)$3.68M
NET TRADE (2023)-$3.64M

In 2023, Norway exported $40.9k in Iron Powder. The main destinations of Norway exports on Iron Powder were Indonesia ($18.2k), United Kingdom ($13.5k), Germany ($4.62k), Netherlands ($1.87k), and Sweden ($1.79k).

In 2023, Norway imported $3.68M in Iron Powder, mainly from Germany ($835k), Netherlands ($595k), Spain ($564k), United Kingdom ($456k), and China ($428k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Indonesia$18.2k (1%)
United Kingdom$9.79k (265%)
Germany$4.62k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Norway WERE (2022 - 2023):
Sweden-$30.6k (-94.5%)
Denmark-$22.2k (-97.1%)
Netherlands-$9.59k (-83.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, Norway's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $10.9k
TOP IMPORT POTENTIALSweden+ $407k

Iron Powder’s highest export potential is Sweden. With an export gap of $10.9k.   Iron Powder’s highest import potential is Sweden with an import gap of $407k.

See methodology.

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