2022
Exports
$99.1kWorld Rnk 41 / 92
Flag Rnk 930 / 1197
2022
PRODUCT COMPLEXITY IN Artificial Textile Machinery
1.99Rnk 5 / 1025
2022
Imports
$380kWorld Rnk 77 / 168
Flag Rnk 1058 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $99.1k in Artificial Textile Machinery, making it the 41st largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 930th most exported product in Norway. The main destination of Artificial Textile Machinery exports from Norway are: Denmark ($44.5k), Netherlands ($30k), Poland ($9.85k), Saudi Arabia ($3.36k), and South Korea ($3.1k).

The fastest growing export markets for Artificial Textile Machinery of Norway between 2021 and 2022 were Denmark ($44.1k), Netherlands ($19.5k), and Poland ($9.85k).

Imports In 2022, Norway imported $380k in Artificial Textile Machinery, becoming the 77th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1058th most imported product in Norway. Norway imports Artificial Textile Machinery primarily from: Italy ($117k), Spain ($60.9k), Czechia ($40.1k), United States ($37.4k), and Germany ($36.3k).

The fastest growing import markets in Artificial Textile Machinery for Norway between 2021 and 2022 were Italy ($102k), Spain ($60.9k), and Bulgaria ($33.3k).

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 Artificial Textile Machinery. 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)$99.1k
IMPORTS (2022)$380k
NET TRADE (2022)-$281k

In 2022, Norway exported $99.1k in Artificial Textile Machinery. The main destinations of Norway exports on Artificial Textile Machinery were Denmark ($44.5k), Netherlands ($30k), Poland ($9.85k), Saudi Arabia ($3.36k), and South Korea ($3.1k).

In 2022, Norway imported $380k in Artificial Textile Machinery, mainly from Italy ($117k), Spain ($60.9k), Czechia ($40.1k), United States ($37.4k), and Germany ($36.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Denmark$44.1k (11.7k%)
Netherlands$19.5k (184%)
Poland$9.85k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Norway WERE (2021 - 2022):
Angola-$55.5k (-100%)
Spain-$29.1k (-100%)
Lithuania-$26.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Artificial Textile Machinery were:
In 2022, Norway's main importing competitors in Artificial Textile Machinery were:
China $489M
India $161M

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Trade Value of Artificial Textile Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPoland+ $4.8k
TOP IMPORT POTENTIALGermany+ $61.6k

Artificial Textile Machinery’s highest export potential is Poland. With an export gap of $4.8k.   Artificial Textile Machinery’s highest import potential is Germany with an import gap of $61.6k.

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