2022
Exports
$4.92MWorld Rnk 50 / 131
Flag Rnk 400 / 1197
2022
PRODUCT COMPLEXITY IN Large Coated Flat-Rolled Iron
0.57Rnk 337 / 1025
2022
Imports
$31.6MWorld Rnk 40 / 213
Flag Rnk 419 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $4.92M in Large Coated Flat-Rolled Iron, making it the 50th largest exporter of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 400th most exported product in Norway. The main destination of Large Coated Flat-Rolled Iron exports from Norway are: Sweden ($4.45M), Lithuania ($171k), Netherlands ($71.5k), Finland ($40.6k), and Denmark ($27.1k).

The fastest growing export markets for Large Coated Flat-Rolled Iron of Norway between 2021 and 2022 were Lithuania ($72.6k), Netherlands ($55.4k), and United States ($18k).

Imports In 2022, Norway imported $31.6M in Large Coated Flat-Rolled Iron, becoming the 40th largest importer of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 419th most imported product in Norway. Norway imports Large Coated Flat-Rolled Iron primarily from: Sweden ($12.4M), Italy ($5.79M), Denmark ($3.47M), India ($2.48M), and Brazil ($1.4M).

The fastest growing import markets in Large Coated Flat-Rolled Iron for Norway between 2021 and 2022 were Italy ($2.41M), Sweden ($2.28M), and India ($1.56M).

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 Large Coated Flat-Rolled Iron. 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)$4.92M
IMPORTS (2022)$31.6M
NET TRADE (2022)-$26.7M

In 2022, Norway exported $4.92M in Large Coated Flat-Rolled Iron. The main destinations of Norway exports on Large Coated Flat-Rolled Iron were Sweden ($4.45M), Lithuania ($171k), Netherlands ($71.5k), Finland ($40.6k), and Denmark ($27.1k).

In 2022, Norway imported $31.6M in Large Coated Flat-Rolled Iron, mainly from Sweden ($12.4M), Italy ($5.79M), Denmark ($3.47M), India ($2.48M), and Brazil ($1.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Coated Flat-Rolled Iron EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Lithuania$72.6k (73.4%)
Netherlands$55.4k (345%)
United States$18k (735%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Coated Flat-Rolled Iron BY Norway WERE (2021 - 2022):
Sweden-$4.79M (-51.8%)
Romania-$132k (-88.7%)
Mexico-$27.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Large Coated Flat-Rolled Iron were:
In 2022, Norway's main importing competitors in Large Coated Flat-Rolled Iron were:

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Trade Value of Large Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $89.6k
TOP IMPORT POTENTIALChina+ $1.25M

Large Coated Flat-Rolled Iron’s highest export potential is Netherlands. With an export gap of $89.6k.   Large Coated Flat-Rolled Iron’s highest import potential is China with an import gap of $1.25M.

See methodology.

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