2022
Exports
$3.12MWorld Rnk 61 / 149
Flag Rnk 480 / 1197
2022
PRODUCT COMPLEXITY IN Other Steel Bars
0.29Rnk 456 / 1025
2022
Imports
$54.4MWorld Rnk 49 / 218
Flag Rnk 318 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $3.12M in Other Steel Bars, making it the 61st largest exporter of Other Steel Bars in the world. At the same year, Other Steel Bars was the 480th most exported product in Norway. The main destination of Other Steel Bars exports from Norway are: Sweden ($715k), Australia ($579k), United Kingdom ($442k), Lithuania ($338k), and Germany ($325k).

The fastest growing export markets for Other Steel Bars of Norway between 2021 and 2022 were Lithuania ($336k), Sweden ($289k), and Netherlands ($81.9k).

Imports In 2022, Norway imported $54.4M in Other Steel Bars, becoming the 49th largest importer of Other Steel Bars in the world. At the same year, Other Steel Bars was the 318th most imported product in Norway. Norway imports Other Steel Bars primarily from: Sweden ($8.46M), United Kingdom ($7.7M), China ($7.16M), Spain ($6.58M), and Germany ($6.07M).

The fastest growing import markets in Other Steel Bars for Norway between 2021 and 2022 were China ($5.91M), Germany ($3.91M), and United Kingdom ($3.82M).

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 Other Steel 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)$3.12M
IMPORTS (2022)$54.4M
NET TRADE (2022)-$51.3M

In 2022, Norway exported $3.12M in Other Steel Bars. The main destinations of Norway exports on Other Steel Bars were Sweden ($715k), Australia ($579k), United Kingdom ($442k), Lithuania ($338k), and Germany ($325k).

In 2022, Norway imported $54.4M in Other Steel Bars, mainly from Sweden ($8.46M), United Kingdom ($7.7M), China ($7.16M), Spain ($6.58M), and Germany ($6.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Steel Bars EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Lithuania$336k (18.4k%)
Sweden$289k (67.9%)
Netherlands$81.9k (412%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Steel Bars BY Norway WERE (2021 - 2022):
Poland-$112k (-88.8%)
Ecuador-$104k (-100%)
Australia-$62.1k (-9.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Other Steel Bars were:
China $3.04B
Germany $1.79B
Japan $1.06B
In 2022, Norway's main importing competitors in Other Steel Bars were:

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Trade Value of Other Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $438k
TOP IMPORT POTENTIALChina+ $3.99M

Other Steel Bars’s highest export potential is Germany. With an export gap of $438k.   Other Steel Bars’s highest import potential is China with an import gap of $3.99M.

See methodology.

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