Exports In 2022, Norway exported $2.72B in Iron & steel, making it the 35th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 5th most exported product in Norway. The main destination of Iron & steel exports from Norway are: Sweden ($357M), Germany ($262M), Netherlands ($252M), Finland ($238M), and United States ($218M).
The fastest growing export markets for Iron & steel of Norway between 2021 and 2022 were Turkey ($104M), Spain ($97.8M), and Finland ($69.6M).
Imports In 2022, Norway imported $1.17B in Iron & steel, becoming the 64th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 21st most imported product in Norway. Norway imports Iron & steel primarily from: Sweden ($339M), Germany ($112M), Finland ($102M), Denmark ($97.5M), and Luxembourg ($43.4M).
The fastest growing import markets in Iron & steel for Norway between 2021 and 2022 were Sweden ($49.3M), South Korea ($25.5M), and Poland ($17.5M).
COMPANIES In 2023, leading companies such as Hyosung (1), ABB Motors and Mechanical (1), and Prime Line Coffee (1) were at the forefront of shipping Iron & steel from Norway to the United States.