2022
Exports
$1.01BWorld Rnk 73 / 220
Flag Rnk 15 / 96
2022
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
0.58Rnk 328 / 1025
2022
Imports
$928MWorld Rnk 44 / 225
Flag Rnk 25 / 96
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.01B in Precious stones, metals, & pearls, making it the 73rd largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 15th most exported product in Norway. The main destination of Precious stones, metals, & pearls exports from Norway are: United Kingdom ($345M), South Korea ($215M), Switzerland ($129M), Sweden ($51.3M), and Netherlands ($42.5M).

The fastest growing export markets for Precious stones, metals, & pearls of Norway between 2021 and 2022 were Ireland ($25.1M), Netherlands ($12.6M), and Finland ($8.86M).

Imports In 2022, Norway imported $928M in Precious stones, metals, & pearls, becoming the 44th largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 25th most imported product in Norway. Norway imports Precious stones, metals, & pearls primarily from: Canada ($528M), Sweden ($80.6M), Finland ($46.8M), Germany ($40.7M), and United Kingdom ($35.5M).

The fastest growing import markets in Precious stones, metals, & pearls for Norway between 2021 and 2022 were United Kingdom ($21.8M), Netherlands ($10M), and China ($7.02M).

COMPANIES In 2023, leading companies such as Costco Wholesale (5), Hilti Power Tools (1), and Tmall (1) were at the forefront of shipping Precious stones, metals, & pearls 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 Precious stones, metals, & pearls. 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)$1.01B
IMPORTS (2022)$928M
NET TRADE (2022)$80.4M

In 2022, Norway exported $1.01B in Precious stones, metals, & pearls. The main destinations of Norway exports on Precious stones, metals, & pearls were United Kingdom ($345M), South Korea ($215M), Switzerland ($129M), Sweden ($51.3M), and Netherlands ($42.5M).

In 2022, Norway imported $928M in Precious stones, metals, & pearls, mainly from Canada ($528M), Sweden ($80.6M), Finland ($46.8M), Germany ($40.7M), and United Kingdom ($35.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Ireland$25.1M (713%)
Netherlands$12.6M (42.2%)
Finland$8.86M (47.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY Norway WERE (2021 - 2022):
United Kingdom-$106M (-23.6%)
Japan-$55.5M (-68.9%)
South Korea-$39.8M (-15.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Precious stones, metals, & pearls were:
In 2022, Norway's main importing competitors in Precious stones, metals, & pearls were:

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Trade Value of Precious stones, metals, & pearls by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $31.5M
TOP IMPORT POTENTIALGermany+ $21.2M

Precious stones, metals, & pearls’s highest export potential is Germany. With an export gap of $31.5M.   Precious stones, metals, & pearls’s highest import potential is Germany with an import gap of $21.2M.

See methodology.

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