2022
Exports
$156MWorld Rnk 44 / 223
Flag Rnk 70 / 1197
2022
PRODUCT COMPLEXITY IN Centrifuges
1.1Rnk 136 / 1025
2022
Imports
$399MWorld Rnk 43 / 226
Flag Rnk 59 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $156M in Centrifuges, making it the 44th largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 70th most exported product in Norway. The main destination of Centrifuges exports from Norway are: Netherlands ($30.6M), China ($20.8M), Turkey ($12.8M), United Kingdom ($9.61M), and South Korea ($9.31M).

The fastest growing export markets for Centrifuges of Norway between 2021 and 2022 were Netherlands ($18.7M), China ($5.39M), and Denmark ($2.37M).

Imports In 2022, Norway imported $399M in Centrifuges, becoming the 43rd largest importer of Centrifuges in the world. At the same year, Centrifuges was the 59th most imported product in Norway. Norway imports Centrifuges primarily from: Germany ($89.3M), Sweden ($81M), United Kingdom ($30.9M), United States ($28.9M), and Denmark ($24.7M).

The fastest growing import markets in Centrifuges for Norway between 2021 and 2022 were Germany ($7.19M), China ($5.07M), and United Arab Emirates ($2.28M).

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 Centrifuges. 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)$156M
IMPORTS (2022)$399M
NET TRADE (2022)-$243M

In 2022, Norway exported $156M in Centrifuges. The main destinations of Norway exports on Centrifuges were Netherlands ($30.6M), China ($20.8M), Turkey ($12.8M), United Kingdom ($9.61M), and South Korea ($9.31M).

In 2022, Norway imported $399M in Centrifuges, mainly from Germany ($89.3M), Sweden ($81M), United Kingdom ($30.9M), United States ($28.9M), and Denmark ($24.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Netherlands$18.7M (157%)
China$5.39M (34.8%)
Denmark$2.37M (46.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Norway WERE (2021 - 2022):
South Korea-$14.5M (-60.9%)
Tunisia-$9.13M (-99.9%)
Turkey-$5.4M (-29.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $10.3M
TOP IMPORT POTENTIALGermany+ $25.1M

Centrifuges’s highest export potential is China. With an export gap of $10.3M.   Centrifuges’s highest import potential is Germany with an import gap of $25.1M.

See methodology.

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