2022
Exports
$4.29MWorld Rnk 40 / 144
Flag Rnk 426 / 1197
2022
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces
1.17Rnk 112 / 1025
2022
Imports
$9.87MWorld Rnk 49 / 209
Flag Rnk 651 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $4.29M in Liquid Fuel Furnaces, making it the 40th largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 426th most exported product in Norway. The main destination of Liquid Fuel Furnaces exports from Norway are: Netherlands ($967k), Germany ($869k), United Kingdom ($767k), Sweden ($417k), and Namibia ($339k).

The fastest growing export markets for Liquid Fuel Furnaces of Norway between 2021 and 2022 were Netherlands ($863k), Germany ($443k), and Namibia ($339k).

Imports In 2022, Norway imported $9.87M in Liquid Fuel Furnaces, becoming the 49th largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 651st most imported product in Norway. Norway imports Liquid Fuel Furnaces primarily from: Germany ($3.44M), Denmark ($1.95M), Sweden ($1.49M), Slovakia ($445k), and Italy ($445k).

The fastest growing import markets in Liquid Fuel Furnaces for Norway between 2021 and 2022 were Switzerland ($103k), Slovakia ($38.7k), and Estonia ($17.9k).

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 Liquid Fuel Furnaces. 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)$4.29M
IMPORTS (2022)$9.87M
NET TRADE (2022)-$5.59M

In 2022, Norway exported $4.29M in Liquid Fuel Furnaces. The main destinations of Norway exports on Liquid Fuel Furnaces were Netherlands ($967k), Germany ($869k), United Kingdom ($767k), Sweden ($417k), and Namibia ($339k).

In 2022, Norway imported $9.87M in Liquid Fuel Furnaces, mainly from Germany ($3.44M), Denmark ($1.95M), Sweden ($1.49M), Slovakia ($445k), and Italy ($445k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Netherlands$863k (830%)
Germany$443k (104%)
Namibia$339k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY Norway WERE (2021 - 2022):
Peru-$538k (-100%)
United Kingdom-$416k (-35.2%)
Poland-$365k (-83%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Liquid Fuel Furnaces were:
In 2022, Norway's main importing competitors in Liquid Fuel Furnaces were:

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Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $195k
TOP IMPORT POTENTIALItaly+ $334k

Liquid Fuel Furnaces’s highest export potential is Germany. With an export gap of $195k.   Liquid Fuel Furnaces’s highest import potential is Italy with an import gap of $334k.

See methodology.

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