2023
Exports
$447kWorld Rnk 61 / 122
Flag Rnk 731 / 1199
2023
PRODUCT COMPLEXITY IN Steel Wire
1.13Rnk 131 / 1025
2023
Imports
$2.09MWorld Rnk 75 / 200
Flag Rnk 886 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $447k in Steel Wire, making it the 61st largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 731st most exported product in Norway. The main destination of Steel Wire exports from Norway are: China ($405k), United States ($21.1k), Sweden ($6.71k), Czechia ($4.37k), and Netherlands ($4.02k).

The fastest growing export markets for Steel Wire of Norway between 2022 and 2023 were United States ($14.5k), Netherlands ($3.87k), and Czechia ($2.85k).

Imports In 2023, Norway imported $2.09M in Steel Wire, becoming the 75th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 886th most imported product in Norway. Norway imports Steel Wire primarily from: Czechia ($861k), Italy ($545k), Sweden ($252k), Germany ($116k), and Belgium ($85.2k).

The fastest growing import markets in Steel Wire for Norway between 2022 and 2023 were Czechia ($147k), Estonia ($2.47k), and Netherlands ($1.52k).

Latest Trends

Dec 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 Steel Wire. 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)$447k
IMPORTS (2023)$2.09M
NET TRADE (2023)-$1.64M

In 2023, Norway exported $447k in Steel Wire. The main destinations of Norway exports on Steel Wire were China ($405k), United States ($21.1k), Sweden ($6.71k), Czechia ($4.37k), and Netherlands ($4.02k).

In 2023, Norway imported $2.09M in Steel Wire, mainly from Czechia ($861k), Italy ($545k), Sweden ($252k), Germany ($116k), and Belgium ($85.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Norway WERE (2022 - 2023):
United States$14.5k (220%)
Netherlands$3.87k (2.67k%)
Czechia$2.85k (187%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY Norway WERE (2022 - 2023):
China-$1.82M (-81.8%)
Poland-$15.5k (-98.8%)
Italy-$3.75k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Steel Wire were:
In 2023, Norway's main importing competitors in Steel Wire were:

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Trade Value of Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $38.8k
TOP IMPORT POTENTIALTurkey+ $223k

Steel Wire’s highest export potential is Poland. With an export gap of $38.8k.   Steel Wire’s highest import potential is Turkey with an import gap of $223k.

See methodology.

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