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The fastest growing export markets for Wrench sockets, ratchet handles, extensions, spinners of Norway between 2021 and 2022 were United Kingdom ($155k), Denmark ($99.9k), and Trinidad and Tobago ($23.2k).

Imports In 2022, Norway imported $12.2M in Wrench sockets, ratchet handles, extensions, spinners, becoming the 23rd largest importer of Wrench sockets, ratchet handles, extensions, spinners in the world. At the same year, Wrench sockets, ratchet handles, extensions, spinners was the 1104th most imported product in Norway. Norway imports Wrench sockets, ratchet handles, extensions, spinners primarily from: Chinese Taipei ($4.15M), Sweden ($2.35M), China ($1.74M), Germany ($1.47M), and Denmark ($497k).

The fastest growing import markets in Wrench sockets, ratchet handles, extensions, spinners for Norway between 2021 and 2022 were Chinese Taipei ($784k), China ($384k), and Italy ($152k).

COMPANIES In 2023, leading companies such as Hyosung (372), QVC Inc (240), and Chicken of the Sea (239) were at the forefront of shipping Wrench sockets, ratchet handles, extensions, spinners from Norway to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Wrench sockets, ratchet handles, extensions, spinners. 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)$804k
IMPORTS (2022)$12.2M
NET TRADE (2022)-$11.4M

In 2022, Norway imported $12.2M in Wrench sockets, ratchet handles, extensions, spinners, mainly from Chinese Taipei ($4.15M), Sweden ($2.35M), China ($1.74M), Germany ($1.47M), and Denmark ($497k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrench sockets, ratchet handles, extensions, spinners EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United Kingdom$155k (505%)
Denmark$99.9k (104%)
Trinidad and Tobago$23.2k (3.51k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrench sockets, ratchet handles, extensions, spinners BY Norway WERE (2021 - 2022):
Australia-$42.6k (-100%)
Angola-$18.2k (-95.2%)
Kazakhstan-$8.86k (-82.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Norway's main exporting competitors in Wrench sockets, ratchet handles, extensions, spinners were:
In 2022, Norway's main importing competitors in Wrench sockets, ratchet handles, extensions, spinners were:

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Trade Value of Wrench sockets, ratchet handles, extensions, spinners by Exporters

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