2018
Exports
$491MWorld Rnk 48 / 222
Flag Rnk 23 / 1197
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2018
Imports
$800MWorld Rnk 36 / 225
Flag Rnk 19 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2018, Norway exported $491M in Insulated Wire, making it the 48th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 23rd most exported product in Norway. The main destination of Insulated Wire exports from Norway are: Turkey ($102M), Egypt ($94.8M), France ($42.1M), Mauritania ($36.7M), and Greece ($32.5M).

The fastest growing export markets for Insulated Wire of Norway between 2021 and 2022 were Turkey ($101M), Egypt ($94.8M), and Mauritania ($36.7M).

Imports In 2022, Norway imported $800M in Insulated Wire, becoming the 36th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 19th most imported product in Norway. Norway imports Insulated Wire primarily from: Sweden ($176M), Germany ($103M), China ($85.7M), United Kingdom ($69.8M), and Spain ($46.4M).

The fastest growing import markets in Insulated Wire for Norway between 2021 and 2022 were Germany ($27.2M), United States ($15.8M), and United Kingdom ($12.1M).

COMPANIES In 2023, leading companies such as Samsung (2) were at the forefront of shipping Insulated Wire from Norway to the United States.

Latest Trends

Jul 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 Insulated 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)$491M
IMPORTS (2022)$800M
NET TRADE (2022)-$309M

In 2022, Norway exported $491M in Insulated Wire. The main destinations of Norway exports on Insulated Wire were Turkey ($102M), Egypt ($94.8M), France ($42.1M), Mauritania ($36.7M), and Greece ($32.5M).

In 2022, Norway imported $800M in Insulated Wire, mainly from Sweden ($176M), Germany ($103M), China ($85.7M), United Kingdom ($69.8M), and Spain ($46.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Turkey$101M (14.9k%)
Egypt$94.8M (448k%)
Mauritania$36.7M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Norway WERE (2021 - 2022):
United Kingdom-$196M (-89.4%)
Germany-$49M (-91.4%)
Indonesia-$48.1M (-88.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.3M
TOP IMPORT POTENTIALChina+ $49M

Insulated Wire’s highest export potential is United States. With an export gap of $17.3M.   Insulated Wire’s highest import potential is China with an import gap of $49M.

See methodology.

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