2022
Exports
$22.1MWorld Rnk 42 / 187
Flag Rnk 246 / 1197
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$42MWorld Rnk 76 / 213
Flag Rnk 367 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $22.1M in Rubberworking Machinery, making it the 42nd largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 246th most exported product in Norway. The main destination of Rubberworking Machinery exports from Norway are: Qatar ($3.64M), United Kingdom ($2.36M), Indonesia ($2.11M), Sweden ($1.88M), and India ($1.57M).

The fastest growing export markets for Rubberworking Machinery of Norway between 2021 and 2022 were Qatar ($3.64M), Indonesia ($1.52M), and Rwanda ($1.19M).

Imports In 2022, Norway imported $42M in Rubberworking Machinery, becoming the 76th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 367th most imported product in Norway. Norway imports Rubberworking Machinery primarily from: Germany ($12.1M), Sweden ($5.36M), Denmark ($4.73M), Austria ($4.14M), and Italy ($2.71M).

The fastest growing import markets in Rubberworking Machinery for Norway between 2021 and 2022 were Denmark ($1.94M), Spain ($970k), and Sweden ($967k).

Latest Trends

Sep 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 Rubberworking Machinery. 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)$22.1M
IMPORTS (2022)$42M
NET TRADE (2022)-$19.8M

In 2022, Norway exported $22.1M in Rubberworking Machinery. The main destinations of Norway exports on Rubberworking Machinery were Qatar ($3.64M), United Kingdom ($2.36M), Indonesia ($2.11M), Sweden ($1.88M), and India ($1.57M).

In 2022, Norway imported $42M in Rubberworking Machinery, mainly from Germany ($12.1M), Sweden ($5.36M), Denmark ($4.73M), Austria ($4.14M), and Italy ($2.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Qatar$3.64M (106k%)
Indonesia$1.52M (254%)
Rwanda$1.19M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Norway WERE (2021 - 2022):
Ukraine-$3.77M (-99.9%)
Tanzania-$1.53M (-99.1%)
Italy-$1M (-82.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Japan $2.29B
In 2022, Norway's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.28M
TOP IMPORT POTENTIALGermany+ $3.85M

Rubberworking Machinery’s highest export potential is India. With an export gap of $1.28M.   Rubberworking Machinery’s highest import potential is Germany with an import gap of $3.85M.

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