2022
Exports
$109MWorld Rnk 31 / 187
Flag Rnk 97 / 1197
2022
PRODUCT COMPLEXITY IN Iron Pipes
-0.034Rnk 558 / 1025
2022
Imports
$457MWorld Rnk 18 / 221
Flag Rnk 50 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $109M in Iron Pipes, making it the 31st largest exporter of Iron Pipes in the world. At the same year, Iron Pipes was the 97th most exported product in Norway. The main destination of Iron Pipes exports from Norway are: United Kingdom ($44.5M), Angola ($10.2M), Netherlands ($8.53M), Sweden ($5.33M), and United States ($4.76M).

The fastest growing export markets for Iron Pipes of Norway between 2021 and 2022 were United Kingdom ($21.8M), United States ($4.01M), and Netherlands ($3.38M).

Imports In 2022, Norway imported $457M in Iron Pipes, becoming the 18th largest importer of Iron Pipes in the world. At the same year, Iron Pipes was the 50th most imported product in Norway. Norway imports Iron Pipes primarily from: Japan ($154M), Germany ($89.8M), Mexico ($35.5M), Italy ($32.3M), and United Kingdom ($28.3M).

The fastest growing import markets in Iron Pipes for Norway between 2021 and 2022 were Mexico ($18.3M), Indonesia ($14.3M), and Germany ($11.7M).

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 Iron Pipes. 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)$109M
IMPORTS (2022)$457M
NET TRADE (2022)-$348M

In 2022, Norway exported $109M in Iron Pipes. The main destinations of Norway exports on Iron Pipes were United Kingdom ($44.5M), Angola ($10.2M), Netherlands ($8.53M), Sweden ($5.33M), and United States ($4.76M).

In 2022, Norway imported $457M in Iron Pipes, mainly from Japan ($154M), Germany ($89.8M), Mexico ($35.5M), Italy ($32.3M), and United Kingdom ($28.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipes EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United Kingdom$21.8M (96.1%)
United States$4.01M (534%)
Netherlands$3.38M (65.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipes BY Norway WERE (2021 - 2022):
France-$7.82M (-94.1%)
Angola-$6.81M (-39.9%)
Vietnam-$1.83M (-92.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Iron Pipes were:
China $8.49B
Japan $2.88B
Germany $2.46B
In 2022, Norway's main importing competitors in Iron Pipes were:

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Trade Value of Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.94M
TOP IMPORT POTENTIALChina+ $17.4M

Iron Pipes’s highest export potential is United States. With an export gap of $4.94M.   Iron Pipes’s highest import potential is China with an import gap of $17.4M.

See methodology.

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