Norway’s aluminium wire exports to Sweden to drop by 15% in 2019, but to increase to Netherland by 20%

According to the international trade data, Norway’s aluminium wire exports to Sweden are likely to stand lower at the end of this year, while its exports to the Netherlands are likely to amount higher. Norway in 2019 is estimated to export 27,521 tonnes of aluminium wire to Sweden, down 15.44 per cent from 2018. The country’s export volume to Sweden in 2018 was also slightly lower from its previous year at 31,771 tonnes. In 2017, Norway’s aluminium wire exports to Sweden were approximately 32,008 tonnes.

To the Netherlands, Norway’s aluminium wire exports in 2019 are likely to come in at 18,183 tonnes, up 20 per cent from 15,212 tonnes in 2018. In 2017, the export amount was 16,701 tonnes, which means the country’s aluminium wire exports to the Netherlands in 2018 were down by about 9 per cent.

In tandem with the decline in Norway’s aluminium wire export volume to Sweden, the country’s export value is also expected to decline in 2019 from US$59 million in 2018 to US$51 million, down 14 per cent. In 2017, the export value had come in at US$60, a slightly higher than in 2018, as a consequence of the increased volume of export.

From exports to the Netherlands, Norway is likely to yield the revenue of US$33 million in 2019, up 22 per cent from US$27 million in 2018. In 2017, the export value was US$30 million, which indicates that the value in 2018 fell by 10 per cent.