2022
Exports
$184MWorld Rnk 43 / 208
Flag Rnk 60 / 1197
2022
PRODUCT COMPLEXITY IN Iron Structures
0.5Rnk 363 / 1025
2022
Imports
$1.29BWorld Rnk 12 / 224
Flag Rnk 11 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $184M in Iron Structures, making it the 43rd largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 60th most exported product in Norway. The main destination of Iron Structures exports from Norway are: China ($25.8M), United States ($21.9M), United Kingdom ($19.2M), Sweden ($16.8M), and Denmark ($14.8M).

The fastest growing export markets for Iron Structures of Norway between 2021 and 2022 were China ($23.5M), United States ($15.3M), and Senegal ($11.5M).

Imports In 2022, Norway imported $1.29B in Iron Structures, becoming the 12th largest importer of Iron Structures in the world. At the same year, Iron Structures was the 11th most imported product in Norway. Norway imports Iron Structures primarily from: Poland ($208M), Sweden ($191M), Singapore ($133M), Thailand ($107M), and Germany ($76.7M).

The fastest growing import markets in Iron Structures for Norway between 2021 and 2022 were Singapore ($119M), Poland ($45.9M), and Sweden ($35.6M).

Latest Trends

Oct 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 Structures. 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)$184M
IMPORTS (2022)$1.29B
NET TRADE (2022)-$1.1B

In 2022, Norway exported $184M in Iron Structures. The main destinations of Norway exports on Iron Structures were China ($25.8M), United States ($21.9M), United Kingdom ($19.2M), Sweden ($16.8M), and Denmark ($14.8M).

In 2022, Norway imported $1.29B in Iron Structures, mainly from Poland ($208M), Sweden ($191M), Singapore ($133M), Thailand ($107M), and Germany ($76.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Structures EXPORT MARKETS FOR Norway WERE (2021 - 2022):
China$23.5M (1.04k%)
United States$15.3M (229%)
Senegal$11.5M (20.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Structures BY Norway WERE (2021 - 2022):
South Korea-$19.4M (-97.1%)
United Kingdom-$18.7M (-49.3%)
Sweden-$7.57M (-31.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Iron Structures were:
China $18.3B
Germany $5.23B
Poland $3.63B
In 2022, Norway's main importing competitors in Iron Structures were:

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Trade Value of Iron Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.1M
TOP IMPORT POTENTIALChina+ $40M

Iron Structures’s highest export potential is United States. With an export gap of $15.1M.   Iron Structures’s highest import potential is China with an import gap of $40M.

See methodology.

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