2022
Exports
$31.3MWorld Rnk 45 / 194
Flag Rnk 218 / 1197
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.41Rnk 405 / 1025
2022
Imports
$185MWorld Rnk 33 / 223
Flag Rnk 124 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $31.3M in Stone Processing Machines, making it the 45th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 218th most exported product in Norway. The main destination of Stone Processing Machines exports from Norway are: Sweden ($19.1M), Germany ($2.21M), Netherlands ($1.05M), Denmark ($688k), and China ($666k).

The fastest growing export markets for Stone Processing Machines of Norway between 2021 and 2022 were Sweden ($823k), Germany ($806k), and Cote d'Ivoire ($508k).

Imports In 2022, Norway imported $185M in Stone Processing Machines, becoming the 33rd largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 124th most imported product in Norway. Norway imports Stone Processing Machines primarily from: Sweden ($27.6M), United Kingdom ($24.3M), Germany ($20.9M), Finland ($19.7M), and Italy ($15.5M).

The fastest growing import markets in Stone Processing Machines for Norway between 2021 and 2022 were United Kingdom ($6.19M), Denmark ($2.41M), and Belgium ($1.85M).

COMPANIES In 2023, leading companies such as Coaster Fine Furniture (3) and Chicken of the Sea (2) were at the forefront of shipping Stone Processing 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 Stone Processing 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)$31.3M
IMPORTS (2022)$185M
NET TRADE (2022)-$154M

In 2022, Norway exported $31.3M in Stone Processing Machines. The main destinations of Norway exports on Stone Processing Machines were Sweden ($19.1M), Germany ($2.21M), Netherlands ($1.05M), Denmark ($688k), and China ($666k).

In 2022, Norway imported $185M in Stone Processing Machines, mainly from Sweden ($27.6M), United Kingdom ($24.3M), Germany ($20.9M), Finland ($19.7M), and Italy ($15.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Sweden$823k (4.5%)
Germany$806k (57.6%)
Cote d'Ivoire$508k (1.53k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Norway WERE (2021 - 2022):
China-$5.47M (-89.1%)
Finland-$1.77M (-82%)
Austria-$965k (-94.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Norway's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.6M
TOP IMPORT POTENTIALChina+ $7.8M

Stone Processing Machines’s highest export potential is United States. With an export gap of $1.6M.   Stone Processing Machines’s highest import potential is China with an import gap of $7.8M.

See methodology.

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