2023
Exports
$5.01MWorld Rnk 32 / 107
Flag Rnk 391 / 1199
2023
PRODUCT COMPLEXITY IN Scrap Nickel
-0.13Rnk 601 / 1025
2023
Imports
$306kWorld Rnk 39 / 69
Flag Rnk 1064 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $5.01M in Scrap Nickel, making it the 32nd largest exporter of Scrap Nickel in the world. At the same year, Scrap Nickel was the 391st most exported product in Norway. The main destination of Scrap Nickel exports from Norway are: United Kingdom ($2.67M), Sweden ($1.01M), Germany ($944k), Netherlands ($339k), and Canada ($39.9k).

The fastest growing export markets for Scrap Nickel of Norway between 2022 and 2023 were United Kingdom ($1.39M), Germany ($466k), and Sweden ($197k).

Imports In 2023, Norway imported $306k in Scrap Nickel, becoming the 39th largest importer of Scrap Nickel in the world. At the same year, Scrap Nickel was the 1064th most imported product in Norway. Norway imports Scrap Nickel primarily from: Denmark ($213k), Germany ($68k), Sweden ($18.8k), United Kingdom ($4.46k), and China ($941).

The fastest growing import markets in Scrap Nickel for Norway between 2022 and 2023 were Germany ($63.4k), United Kingdom ($1.85k), and China ($800).

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 Scrap Nickel. 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)$5.01M
IMPORTS (2023)$306k
NET TRADE (2023)$4.7M

In 2023, Norway exported $5.01M in Scrap Nickel. The main destinations of Norway exports on Scrap Nickel were United Kingdom ($2.67M), Sweden ($1.01M), Germany ($944k), Netherlands ($339k), and Canada ($39.9k).

In 2023, Norway imported $306k in Scrap Nickel, mainly from Denmark ($213k), Germany ($68k), Sweden ($18.8k), United Kingdom ($4.46k), and China ($941).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Nickel EXPORT MARKETS FOR Norway WERE (2022 - 2023):
United Kingdom$1.39M (110%)
Germany$466k (97.3%)
Sweden$197k (24.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Nickel BY Norway WERE (2022 - 2023):
Netherlands-$150k (-30.6%)
China-$6.55k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Scrap Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $253k
TOP IMPORT POTENTIALCanada+ $38.9k

Scrap Nickel’s highest export potential is Sweden. With an export gap of $253k.   Scrap Nickel’s highest import potential is Canada with an import gap of $38.9k.

See methodology.

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