2022
Exports
$6.67MWorld Rnk 38 / 125
Flag Rnk 361 / 1197
2022
PRODUCT COMPLEXITY IN Titanium
0.43Rnk 393 / 1025
2022
Imports
$20.4MWorld Rnk 36 / 183
Flag Rnk 503 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $6.67M in Titanium, making it the 38th largest exporter of Titanium in the world. At the same year, Titanium was the 361st most exported product in Norway. The main destination of Titanium exports from Norway are: Sweden ($1.17M), Vietnam ($955k), Germany ($835k), United States ($649k), and United Kingdom ($617k).

The fastest growing export markets for Titanium of Norway between 2021 and 2022 were Vietnam ($950k), United Arab Emirates ($536k), and Sweden ($424k).

Imports In 2022, Norway imported $20.4M in Titanium, becoming the 36th largest importer of Titanium in the world. At the same year, Titanium was the 503rd most imported product in Norway. Norway imports Titanium primarily from: China ($4.77M), Italy ($3.62M), United States ($3.37M), United Kingdom ($2.63M), and Sweden ($1.74M).

The fastest growing import markets in Titanium for Norway between 2021 and 2022 were Italy ($1.38M), United Kingdom ($1.3M), and Denmark ($733k).

Latest Trends

Aug 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 Titanium. 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)$6.67M
IMPORTS (2022)$20.4M
NET TRADE (2022)-$13.7M

In 2022, Norway exported $6.67M in Titanium. The main destinations of Norway exports on Titanium were Sweden ($1.17M), Vietnam ($955k), Germany ($835k), United States ($649k), and United Kingdom ($617k).

In 2022, Norway imported $20.4M in Titanium, mainly from China ($4.77M), Italy ($3.62M), United States ($3.37M), United Kingdom ($2.63M), and Sweden ($1.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Titanium EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Vietnam$950k (17.2k%)
United Arab Emirates$536k (3.44k%)
Sweden$424k (56.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium BY Norway WERE (2021 - 2022):
United Kingdom-$1.2M (-66%)
Singapore-$1.18M (-99.5%)
Malaysia-$312k (-98.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Titanium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $640k
TOP IMPORT POTENTIALUnited States+ $1.01M

Titanium’s highest export potential is Germany. With an export gap of $640k.   Titanium’s highest import potential is United States with an import gap of $1.01M.

See methodology.

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