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Pricing

2022
Exports $5.19MWorld Rnk 32 / 104
Flag Rnk 393 / 1197
2022
Destination $522k Germany
2021 - 2022
FASTEST GROWING MARKET $522kSpain
2022
PRODUCT COMPLEXITY IN Stainless Steel Ingots1.08Rnk 143 / 1025
2022
Imports $6.04MWorld Rnk 31 / 180
Flag Rnk 735 / 1211
2022
Origin $837k United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $837kItaly
2022
ECONOMIC COMPLEXITY of Norway0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $5.19M in Stainless Steel Ingots, making it the 32nd largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 393rd most exported product in Norway. The main destination of Stainless Steel Ingots exports from Norway are: Germany ($2M), United Kingdom ($952k), Italy ($899k), Spain ($526k), and Belgium ($139k).

The fastest growing export markets for Stainless Steel Ingots of Norway between 2021 and 2022 were Spain ($522k), Netherlands ($54.9k), and Brazil ($42.3k).

Imports In 2022, Norway imported $6.04M in Stainless Steel Ingots, becoming the 31st largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 735th most imported product in Norway. Norway imports Stainless Steel Ingots primarily from: United Kingdom ($2.79M), Sweden ($943k), Italy ($841k), Spain ($790k), and China ($340k).

The fastest growing import markets in Stainless Steel Ingots for Norway between 2021 and 2022 were Italy ($837k), Spain ($787k), and Sweden ($499k).

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 Stainless Steel Ingots. 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)$5.19M
IMPORTS (2022)$6.04M
NET TRADE (2022)-$850k

In 2022, Norway exported $5.19M in Stainless Steel Ingots. The main destinations of Norway exports on Stainless Steel Ingots were Germany ($2M), United Kingdom ($952k), Italy ($899k), Spain ($526k), and Belgium ($139k).

In 2022, Norway imported $6.04M in Stainless Steel Ingots, mainly from United Kingdom ($2.79M), Sweden ($943k), Italy ($841k), Spain ($790k), and China ($340k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Spain$522k (15.1k%)
Netherlands$54.9k (108%)
Brazil$42.3k (809%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY Norway WERE (2021 - 2022):
Germany-$1.63M (-44.9%)
United Kingdom-$917k (-49%)
Italy-$809k (-47.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Stainless Steel Ingots were:
Indonesia $4.21B
United Kingdom $805M
Sweden $298M
In 2022, Norway's main importing competitors in Stainless Steel Ingots were:
China $3.12B
India $641M
Sweden $541M

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Trade Value of Stainless Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $302k
TOP IMPORT POTENTIALSweden+ $487k

Stainless Steel Ingots’s highest export potential is Sweden. With an export gap of $302k.   Stainless Steel Ingots’s highest import potential is Sweden with an import gap of $487k.

See methodology.

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