2022
Exports
$2.12MWorld Rnk 45 / 123
Flag Rnk 542 / 1197
2022
PRODUCT COMPLEXITY IN Steel Wire
0.96Rnk 189 / 1025
2022
Imports
$3.36MWorld Rnk 70 / 193
Flag Rnk 829 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $2.12M in Steel Wire, making it the 45th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 542nd most exported product in Norway. The main destination of Steel Wire exports from Norway are: China ($2.08M), Poland ($15.7k), Chinese Taipei ($7.67k), United States ($6.6k), and Italy ($3.75k).

The fastest growing export markets for Steel Wire of Norway between 2021 and 2022 were Poland ($15.1k), Chinese Taipei ($7.67k), and Italy ($3.75k).

Imports In 2022, Norway imported $3.36M in Steel Wire, becoming the 70th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 829th most imported product in Norway. Norway imports Steel Wire primarily from: Sweden ($876k), Turkey ($765k), Italy ($527k), Germany ($442k), and Czechia ($155k).

The fastest growing import markets in Steel Wire for Norway between 2021 and 2022 were Sweden ($336k), Germany ($260k), and Italy ($162k).

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 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 (2022)$2.12M
IMPORTS (2022)$3.36M
NET TRADE (2022)-$1.24M

In 2022, Norway exported $2.12M in Steel Wire. The main destinations of Norway exports on Steel Wire were China ($2.08M), Poland ($15.7k), Chinese Taipei ($7.67k), United States ($6.6k), and Italy ($3.75k).

In 2022, Norway imported $3.36M in Steel Wire, mainly from Sweden ($876k), Turkey ($765k), Italy ($527k), Germany ($442k), and Czechia ($155k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Poland$15.1k (2.56k%)
Chinese Taipei$7.67k (1%)
Italy$3.75k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY Norway WERE (2021 - 2022):
China-$1.7M (-44.9%)
United States-$51.6k (-88.7%)
Netherlands-$47.5k (-99.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Steel Wire were:
In 2022, 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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