2022
Exports
$187MWorld Rnk 26 / 200
Flag Rnk 59 / 1197
2022
PRODUCT COMPLEXITY IN Scrap Aluminium
-0.74Rnk 767 / 1025
2022
Imports
$98MWorld Rnk 36 / 157
Flag Rnk 210 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $187M in Scrap Aluminium, making it the 26th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 59th most exported product in Norway. The main destination of Scrap Aluminium exports from Norway are: Sweden ($49.4M), India ($41.1M), United Kingdom ($22.1M), Germany ($21.5M), and China ($15.7M).

The fastest growing export markets for Scrap Aluminium of Norway between 2021 and 2022 were India ($11.6M), United Kingdom ($10.3M), and Sweden ($5.79M).

Imports In 2022, Norway imported $98M in Scrap Aluminium, becoming the 36th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 210th most imported product in Norway. Norway imports Scrap Aluminium primarily from: Denmark ($33.3M), Sweden ($26.4M), United Kingdom ($18.5M), Germany ($16.1M), and Finland ($1.13M).

The fastest growing import markets in Scrap Aluminium for Norway between 2021 and 2022 were Denmark ($12.1M), Sweden ($9.07M), and United Kingdom ($8.38M).

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 Scrap Aluminium. 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)$187M
IMPORTS (2022)$98M
NET TRADE (2022)$89.3M

In 2022, Norway exported $187M in Scrap Aluminium. The main destinations of Norway exports on Scrap Aluminium were Sweden ($49.4M), India ($41.1M), United Kingdom ($22.1M), Germany ($21.5M), and China ($15.7M).

In 2022, Norway imported $98M in Scrap Aluminium, mainly from Denmark ($33.3M), Sweden ($26.4M), United Kingdom ($18.5M), Germany ($16.1M), and Finland ($1.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Norway WERE (2021 - 2022):
India$11.6M (39.2%)
United Kingdom$10.3M (87.1%)
Sweden$5.79M (13.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Norway WERE (2021 - 2022):
Indonesia-$1.73M (-79.9%)
Malaysia-$683k (-56.9%)
Denmark-$421k (-5.68%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Scrap Aluminium were:
In 2022, Norway's main importing competitors in Scrap Aluminium were:

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $10.3M
TOP IMPORT POTENTIALGermany+ $3.03M

Scrap Aluminium’s highest export potential is India. With an export gap of $10.3M.   Scrap Aluminium’s highest import potential is Germany with an import gap of $3.03M.

See methodology.

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