2023
Exports
$22.7MWorld Rnk 43 / 182
Flag Rnk 235 / 1199
2023
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.68Rnk 24 / 1025
2023
Imports
$56.3MWorld Rnk 69 / 216
Flag Rnk 296 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $22.7M in Rubberworking Machinery, making it the 43rd largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 235th most exported product in Norway. The main destination of Rubberworking Machinery exports from Norway are: Sweden ($3.18M), India ($3.14M), Indonesia ($1.38M), Colombia ($1.28M), and Peru ($1.21M).

The fastest growing export markets for Rubberworking Machinery of Norway between 2022 and 2023 were India ($1.6M), Sweden ($1.3M), and Colombia ($1.27M).

Imports In 2023, Norway imported $56.3M in Rubberworking Machinery, becoming the 69th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 296th most imported product in Norway. Norway imports Rubberworking Machinery primarily from: Germany ($20M), Austria ($7.75M), Denmark ($5.16M), Finland ($4.42M), and Italy ($3.5M).

The fastest growing import markets in Rubberworking Machinery for Norway between 2022 and 2023 were Germany ($8.4M), Finland ($4.29M), and Austria ($3.68M).

Latest Trends

Jan 2025

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 (2023)$22.7M
IMPORTS (2023)$56.3M
NET TRADE (2023)-$33.6M

In 2023, Norway exported $22.7M in Rubberworking Machinery. The main destinations of Norway exports on Rubberworking Machinery were Sweden ($3.18M), India ($3.14M), Indonesia ($1.38M), Colombia ($1.28M), and Peru ($1.21M).

In 2023, Norway imported $56.3M in Rubberworking Machinery, mainly from Germany ($20M), Austria ($7.75M), Denmark ($5.16M), Finland ($4.42M), and Italy ($3.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Norway WERE (2022 - 2023):
India$1.6M (104%)
Sweden$1.3M (69.5%)
Colombia$1.27M (18.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Norway WERE (2022 - 2023):
Qatar-$3.64M (-99.8%)
United Kingdom-$2.3M (-96.1%)
Egypt-$1.64M (-98.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Rubberworking Machinery were:
China $6.97B
Germany $6.13B
Japan $2.61B
In 2023, 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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