2023
Exports
$420MWorld Rnk 13 / 110
Flag Rnk 27 / 1199
2023
PRODUCT COMPLEXITY IN Platinum
0.86Rnk 225 / 1025
2023
Imports
$25.3MWorld Rnk 34 / 146
Flag Rnk 439 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $420M in Platinum, making it the 13th largest exporter of Platinum in the world. At the same year, Platinum was the 27th most exported product in Norway. The main destination of Platinum exports from Norway are: South Korea ($208M), United Kingdom ($145M), Germany ($18.4M), India ($16.5M), and Ireland ($14.8M).

The fastest growing export markets for Platinum of Norway between 2022 and 2023 were India ($16.5M), Switzerland ($7.69M), and Poland ($2.19M).

Imports In 2023, Norway imported $25.3M in Platinum, becoming the 34th largest importer of Platinum in the world. At the same year, Platinum was the 439th most imported product in Norway. Norway imports Platinum primarily from: Germany ($9.67M), Italy ($6.67M), South Africa ($5.17M), Japan ($2.36M), and United Kingdom ($537k).

The fastest growing import markets in Platinum for Norway between 2022 and 2023 were Germany ($6.26M), Italy ($3.56M), and Japan ($2.36M).

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 Platinum. 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)$420M
IMPORTS (2023)$25.3M
NET TRADE (2023)$394M

In 2023, Norway exported $420M in Platinum. The main destinations of Norway exports on Platinum were South Korea ($208M), United Kingdom ($145M), Germany ($18.4M), India ($16.5M), and Ireland ($14.8M).

In 2023, Norway imported $25.3M in Platinum, mainly from Germany ($9.67M), Italy ($6.67M), South Africa ($5.17M), Japan ($2.36M), and United Kingdom ($537k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Norway WERE (2022 - 2023):
India$16.5M (1%)
Switzerland$7.69M (1%)
Poland$2.19M (2.17k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Norway WERE (2022 - 2023):
United Kingdom-$169M (-53.9%)
Germany-$35.3M (-65.7%)
China-$16.3M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Platinum were:
In 2023, Norway's main importing competitors in Platinum were:

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $18.7M
TOP IMPORT POTENTIALSouth Africa+ $6.23M

Platinum’s highest export potential is China. With an export gap of $18.7M.   Platinum’s highest import potential is South Africa with an import gap of $6.23M.

See methodology.

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