2022
Exports
$195MWorld Rnk 29 / 162
Flag Rnk 58 / 1197
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$106MWorld Rnk 58 / 217
Flag Rnk 193 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $195M in Raw Iron Bars, making it the 29th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 58th most exported product in Norway. The main destination of Raw Iron Bars exports from Norway are: Finland ($66.2M), Sweden ($65.1M), Denmark ($58.2M), Germany ($2.34M), and Latvia ($774k).

The fastest growing export markets for Raw Iron Bars of Norway between 2021 and 2022 were Denmark ($10.7M), Sweden ($10.2M), and Finland ($7.24M).

Imports In 2022, Norway imported $106M in Raw Iron Bars, becoming the 58th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 193rd most imported product in Norway. Norway imports Raw Iron Bars primarily from: Portugal ($29.7M), Lithuania ($21M), Turkey ($15.1M), Poland ($8.59M), and Denmark ($6.17M).

The fastest growing import markets in Raw Iron Bars for Norway between 2021 and 2022 were Turkey ($11.3M), Poland ($8.39M), and Lithuania ($6.77M).

Latest Trends

Mar 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 Raw Iron Bars. 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)$195M
IMPORTS (2022)$106M
NET TRADE (2022)$88.3M

In 2022, Norway exported $195M in Raw Iron Bars. The main destinations of Norway exports on Raw Iron Bars were Finland ($66.2M), Sweden ($65.1M), Denmark ($58.2M), Germany ($2.34M), and Latvia ($774k).

In 2022, Norway imported $106M in Raw Iron Bars, mainly from Portugal ($29.7M), Lithuania ($21M), Turkey ($15.1M), Poland ($8.59M), and Denmark ($6.17M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Denmark$10.7M (22.4%)
Sweden$10.2M (18.5%)
Finland$7.24M (12.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Norway WERE (2021 - 2022):
United States-$43.5k (-94.3%)
Azerbaijan-$9.35k (-79%)
Thailand-$9.04k (-12.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Norway's main importing competitors in Raw Iron Bars were:

Explore Visualizations

Trade Value of Raw Iron Bars by Exporters

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