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Exports In 2022, Norway exported $34.5M in Retail Wool or Animal Hair Yarn, making it the 4th largest exporter of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 210th most exported product in Norway. The main destination of Retail Wool or Animal Hair Yarn exports from Norway are: Sweden ($20.5M), Denmark ($6.25M), United Kingdom ($1.92M), Germany ($1.53M), and Finland ($1.43M).

The fastest growing export markets for Retail Wool or Animal Hair Yarn of Norway between 2021 and 2022 were Germany ($124k), Kazakhstan ($63.3k), and Armenia ($56.1k).

Imports In 2022, Norway imported $53.7M in Retail Wool or Animal Hair Yarn, becoming the 2nd largest importer of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 321st most imported product in Norway. Norway imports Retail Wool or Animal Hair Yarn primarily from: Italy ($11.2M), Romania ($10.8M), Peru ($10.5M), Sweden ($8.25M), and China ($6.81M).

The fastest growing import markets in Retail Wool or Animal Hair Yarn for Norway between 2021 and 2022 were Sweden ($906k), Denmark ($669k), and India ($147k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Retail Wool or Animal Hair Yarn. 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)$34.5M
IMPORTS (2022)$53.7M
NET TRADE (2022)-$19.2M

In 2022, Norway exported $34.5M in Retail Wool or Animal Hair Yarn. The main destinations of Norway exports on Retail Wool or Animal Hair Yarn were Sweden ($20.5M), Denmark ($6.25M), United Kingdom ($1.92M), Germany ($1.53M), and Finland ($1.43M).

In 2022, Norway imported $53.7M in Retail Wool or Animal Hair Yarn, mainly from Italy ($11.2M), Romania ($10.8M), Peru ($10.5M), Sweden ($8.25M), and China ($6.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Retail Wool or Animal Hair Yarn EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Germany$124k (8.82%)
Kazakhstan$63.3k (1%)
Armenia$56.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Wool or Animal Hair Yarn BY Norway WERE (2021 - 2022):
Denmark-$1.8M (-22.3%)
Russia-$1.06M (-91.3%)
Sweden-$573k (-2.71%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Norway's main exporting competitors in Retail Wool or Animal Hair Yarn were:
Italy $88.1M
Peru $58.9M
Germany $35.4M
In 2022, Norway's main importing competitors in Retail Wool or Animal Hair Yarn were:

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Trade Value of Retail Wool or Animal Hair Yarn by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $552k
TOP IMPORT POTENTIALTurkey+ $194k

Retail Wool or Animal Hair Yarn’s highest export potential is Germany. With an export gap of $552k.   Retail Wool or Animal Hair Yarn’s highest import potential is Turkey with an import gap of $194k.

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