2022
Exports
$2.06MWorld Rnk 56 / 198
Flag Rnk 547 / 1197
2022
PRODUCT COMPLEXITY IN Electrical Resistors
0.88Rnk 215 / 1025
2022
Imports
$13.9MWorld Rnk 52 / 214
Flag Rnk 570 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $2.06M in Electrical Resistors, making it the 56th largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 547th most exported product in Norway. The main destination of Electrical Resistors exports from Norway are: United Kingdom ($255k), Netherlands ($210k), United States ($183k), Denmark ($127k), and Sweden ($118k).

The fastest growing export markets for Electrical Resistors of Norway between 2021 and 2022 were United Kingdom ($94.9k), South Korea ($60.1k), and China ($46.9k).

Imports In 2022, Norway imported $13.9M in Electrical Resistors, becoming the 52nd largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 570th most imported product in Norway. Norway imports Electrical Resistors primarily from: Germany ($2.47M), United Kingdom ($1.52M), China ($1.28M), Japan ($1.05M), and United States ($1.04M).

The fastest growing import markets in Electrical Resistors for Norway between 2021 and 2022 were China ($659k), Denmark ($399k), and United Kingdom ($339k).

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 Electrical Resistors. 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)$2.06M
IMPORTS (2022)$13.9M
NET TRADE (2022)-$11.8M

In 2022, Norway exported $2.06M in Electrical Resistors. The main destinations of Norway exports on Electrical Resistors were United Kingdom ($255k), Netherlands ($210k), United States ($183k), Denmark ($127k), and Sweden ($118k).

In 2022, Norway imported $13.9M in Electrical Resistors, mainly from Germany ($2.47M), United Kingdom ($1.52M), China ($1.28M), Japan ($1.05M), and United States ($1.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United Kingdom$94.9k (59.1%)
South Korea$60.1k (141%)
China$46.9k (110%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY Norway WERE (2021 - 2022):
Romania-$284k (-91.5%)
United Arab Emirates-$119k (-89.5%)
Netherlands-$118k (-36%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Electrical Resistors were:
China $4.72B
Germany $1.33B
Japan $1.08B
In 2022, Norway's main importing competitors in Electrical Resistors were:

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Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $282k
TOP IMPORT POTENTIALChina+ $1.4M

Electrical Resistors’s highest export potential is United States. With an export gap of $282k.   Electrical Resistors’s highest import potential is China with an import gap of $1.4M.

See methodology.

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