2022
Exports
$984kWorld Rnk 47 / 161
Flag Rnk 639 / 1197
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.51Rnk 48 / 1025
2022
Imports
$8.53MWorld Rnk 48 / 210
Flag Rnk 674 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $984k in Metal Finishing Machines, making it the 47th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 639th most exported product in Norway. The main destination of Metal Finishing Machines exports from Norway are: Qatar ($236k), India ($125k), Germany ($121k), Sweden ($105k), and South Africa ($55.6k).

The fastest growing export markets for Metal Finishing Machines of Norway between 2021 and 2022 were Qatar ($236k), India ($125k), and South Africa ($55.6k).

Imports In 2022, Norway imported $8.53M in Metal Finishing Machines, becoming the 48th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 674th most imported product in Norway. Norway imports Metal Finishing Machines primarily from: Sweden ($2.14M), Germany ($1.55M), United Kingdom ($1.05M), Denmark ($845k), and China ($646k).

The fastest growing import markets in Metal Finishing Machines for Norway between 2021 and 2022 were Switzerland ($536k), Denmark ($154k), and France ($142k).

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 Metal Finishing Machines. 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)$984k
IMPORTS (2022)$8.53M
NET TRADE (2022)-$7.55M

In 2022, Norway exported $984k in Metal Finishing Machines. The main destinations of Norway exports on Metal Finishing Machines were Qatar ($236k), India ($125k), Germany ($121k), Sweden ($105k), and South Africa ($55.6k).

In 2022, Norway imported $8.53M in Metal Finishing Machines, mainly from Sweden ($2.14M), Germany ($1.55M), United Kingdom ($1.05M), Denmark ($845k), and China ($646k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Qatar$236k (1%)
India$125k (1%)
South Africa$55.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Norway WERE (2021 - 2022):
Russia-$44.9k (-100%)
Mozambique-$20.6k (-100%)
Indonesia-$18.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Metal Finishing Machines were:
In 2022, Norway's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $99.4k
TOP IMPORT POTENTIALGermany+ $635k

Metal Finishing Machines’s highest export potential is Germany. With an export gap of $99.4k.   Metal Finishing Machines’s highest import potential is Germany with an import gap of $635k.

See methodology.

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