2022
Exports
$61.2MWorld Rnk 39 / 177
Flag Rnk 150 / 1197
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$621MWorld Rnk 12 / 118
Flag Rnk 31 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $61.2M in Precious Metal Scraps, making it the 39th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 150th most exported product in Norway. The main destination of Precious Metal Scraps exports from Norway are: Belgium ($13.5M), United Kingdom ($13.3M), Switzerland ($9.01M), Netherlands ($8.29M), and Italy ($4.23M).

The fastest growing export markets for Precious Metal Scraps of Norway between 2021 and 2022 were Switzerland ($2.63M), Netherlands ($1.86M), and Estonia ($811k).

Imports In 2022, Norway imported $621M in Precious Metal Scraps, becoming the 12th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 31st most imported product in Norway. Norway imports Precious Metal Scraps primarily from: Canada ($527M), Sweden ($55.4M), Finland ($37M), Saudi Arabia ($351k), and Pakistan ($211k).

The fastest growing import markets in Precious Metal Scraps for Norway between 2021 and 2022 were Finland ($2.1M), Indonesia ($97.5k), and Pakistan ($91.5k).

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 Precious Metal Scraps. 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)$61.2M
IMPORTS (2022)$621M
NET TRADE (2022)-$560M

In 2022, Norway exported $61.2M in Precious Metal Scraps. The main destinations of Norway exports on Precious Metal Scraps were Belgium ($13.5M), United Kingdom ($13.3M), Switzerland ($9.01M), Netherlands ($8.29M), and Italy ($4.23M).

In 2022, Norway imported $621M in Precious Metal Scraps, mainly from Canada ($527M), Sweden ($55.4M), Finland ($37M), Saudi Arabia ($351k), and Pakistan ($211k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Switzerland$2.63M (41.3%)
Netherlands$1.86M (29%)
Estonia$811k (61.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Norway WERE (2021 - 2022):
United Kingdom-$13.3M (-50%)
Belgium-$5.43M (-28.7%)
Germany-$1.41M (-25.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Precious Metal Scraps were:
In 2022, Norway's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.84M
TOP IMPORT POTENTIALGermany+ $9.56M

Precious Metal Scraps’s highest export potential is Germany. With an export gap of $6.84M.   Precious Metal Scraps’s highest import potential is Germany with an import gap of $9.56M.

See methodology.

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