2022
Exports
$2.16MWorld Rnk 37 / 160
Flag Rnk 538 / 1197
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$6.06MWorld Rnk 49 / 212
Flag Rnk 734 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $2.16M in Metalworking Machines, making it the 37th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 538th most exported product in Norway. The main destination of Metalworking Machines exports from Norway are: United Kingdom ($667k), Brazil ($330k), France ($244k), Iceland ($133k), and Malaysia ($113k).

The fastest growing export markets for Metalworking Machines of Norway between 2021 and 2022 were France ($244k), United Kingdom ($180k), and Brazil ($118k).

Imports In 2022, Norway imported $6.06M in Metalworking Machines, becoming the 49th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 734th most imported product in Norway. Norway imports Metalworking Machines primarily from: Italy ($1.16M), Czechia ($817k), United Kingdom ($676k), Germany ($652k), and China ($568k).

The fastest growing import markets in Metalworking Machines for Norway between 2021 and 2022 were Italy ($331k), United Kingdom ($218k), and Netherlands ($181k).

COMPANIES In 2023, leading companies such as Sailun Tire (4) were at the forefront of shipping Metalworking Machines 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 Metalworking 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)$2.16M
IMPORTS (2022)$6.06M
NET TRADE (2022)-$3.9M

In 2022, Norway exported $2.16M in Metalworking Machines. The main destinations of Norway exports on Metalworking Machines were United Kingdom ($667k), Brazil ($330k), France ($244k), Iceland ($133k), and Malaysia ($113k).

In 2022, Norway imported $6.06M in Metalworking Machines, mainly from Italy ($1.16M), Czechia ($817k), United Kingdom ($676k), Germany ($652k), and China ($568k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Norway WERE (2021 - 2022):
France$244k (1%)
United Kingdom$180k (37.1%)
Brazil$118k (55.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Norway WERE (2021 - 2022):
Singapore-$196k (-88%)
Netherlands-$191k (-99.9%)
Australia-$103k (-99%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $62.9k
TOP IMPORT POTENTIALGermany+ $421k

Metalworking Machines’s highest export potential is Germany. With an export gap of $62.9k.   Metalworking Machines’s highest import potential is Germany with an import gap of $421k.

See methodology.

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