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Exports In 2023, Norway exported $3.96M in Animal Extracts, making it the 14th largest exporter of Animal Extracts in the world. At the same year, Animal Extracts was the 435th most exported product in Norway. The main destination of Animal Extracts exports from Norway are: Saudi Arabia ($1.53M), Sweden ($1.03M), China ($300k), Switzerland ($170k), and Romania ($108k).

The fastest growing export markets for Animal Extracts of Norway between 2022 and 2023 were Saudi Arabia ($1.53M), Romania ($105k), and China ($38k).

Imports In 2023, Norway imported $330k in Animal Extracts, becoming the 49th largest importer of Animal Extracts in the world. At the same year, Animal Extracts was the 1058th most imported product in Norway. Norway imports Animal Extracts primarily from: Albania ($70.3k), Thailand ($48.3k), China ($43.3k), Sweden ($38.8k), and France ($35.7k).

The fastest growing import markets in Animal Extracts for Norway between 2022 and 2023 were China ($18.2k), Thailand ($14.7k), and Netherlands ($11.5k).

Latest Trends

Dec 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 Animal Extracts. 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 (2023)$3.96M
IMPORTS (2023)$330k
NET TRADE (2023)$3.63M

In 2023, Norway exported $3.96M in Animal Extracts. The main destinations of Norway exports on Animal Extracts were Saudi Arabia ($1.53M), Sweden ($1.03M), China ($300k), Switzerland ($170k), and Romania ($108k).

In 2023, Norway imported $330k in Animal Extracts, mainly from Albania ($70.3k), Thailand ($48.3k), China ($43.3k), Sweden ($38.8k), and France ($35.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Extracts EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Saudi Arabia$1.53M (1%)
Romania$105k (3.34k%)
China$38k (14.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Extracts BY Norway WERE (2022 - 2023):
Sweden-$729k (-41.5%)
Lithuania-$596k (-87.1%)
Indonesia-$545k (-88.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Animal Extracts were:
China $21.8M
Italy $20.7M
In 2023, Norway's main importing competitors in Animal Extracts were:

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Trade Value of Animal Extracts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $130k
TOP IMPORT POTENTIALChina+ $28.9k

Animal Extracts’s highest export potential is United States. With an export gap of $130k.   Animal Extracts’s highest import potential is China with an import gap of $28.9k.

See methodology.

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