2022
Exports
$3.57MWorld Rnk 32 / 97
Flag Rnk 460 / 1197
2022
PRODUCT COMPLEXITY IN Nickel Bars
1.16Rnk 113 / 1025
2022
Imports
$13MWorld Rnk 37 / 170
Flag Rnk 585 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $3.57M in Nickel Bars, making it the 32nd largest exporter of Nickel Bars in the world. At the same year, Nickel Bars was the 460th most exported product in Norway. The main destination of Nickel Bars exports from Norway are: Denmark ($2.22M), United Kingdom ($636k), Malaysia ($180k), Poland ($144k), and Vietnam ($59.6k).

The fastest growing export markets for Nickel Bars of Norway between 2021 and 2022 were Denmark ($2.21M), Malaysia ($180k), and Spain ($51.5k).

Imports In 2022, Norway imported $13M in Nickel Bars, becoming the 37th largest importer of Nickel Bars in the world. At the same year, Nickel Bars was the 585th most imported product in Norway. Norway imports Nickel Bars primarily from: United Kingdom ($4.64M), Italy ($4.46M), Germany ($1.69M), Austria ($928k), and United States ($606k).

The fastest growing import markets in Nickel Bars for Norway between 2021 and 2022 were Italy ($2.96M), United Kingdom ($1.25M), and Germany ($740k).

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 Nickel Bars. 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)$3.57M
IMPORTS (2022)$13M
NET TRADE (2022)-$9.46M

In 2022, Norway exported $3.57M in Nickel Bars. The main destinations of Norway exports on Nickel Bars were Denmark ($2.22M), United Kingdom ($636k), Malaysia ($180k), Poland ($144k), and Vietnam ($59.6k).

In 2022, Norway imported $13M in Nickel Bars, mainly from United Kingdom ($4.64M), Italy ($4.46M), Germany ($1.69M), Austria ($928k), and United States ($606k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Bars EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Denmark$2.21M (60.7k%)
Malaysia$180k (1%)
Spain$51.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Bars BY Norway WERE (2021 - 2022):
United Kingdom-$1.07M (-62.8%)
Vietnam-$137k (-69.6%)
Poland-$34.4k (-19.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Nickel Bars were:
In 2022, Norway's main importing competitors in Nickel Bars were:

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Trade Value of Nickel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $211k
TOP IMPORT POTENTIALUnited States+ $553k

Nickel Bars’s highest export potential is United Kingdom. With an export gap of $211k.   Nickel Bars’s highest import potential is United States with an import gap of $553k.

See methodology.

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