2022
Exports
$6.54MWorld Rnk 47 / 148
Flag Rnk 365 / 1197
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$1.71MWorld Rnk 125 / 220
Flag Rnk 932 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $6.54M in Butter, making it the 47th largest exporter of Butter in the world. At the same year, Butter was the 365th most exported product in Norway. The main destination of Butter exports from Norway are: Netherlands ($2.41M), Georgia ($1.77M), Sweden ($1.07M), Tunisia ($782k), and Denmark ($498k).

The fastest growing export markets for Butter of Norway between 2021 and 2022 were Netherlands ($2.41M), Georgia ($1.77M), and Sweden ($1.07M).

Imports In 2022, Norway imported $1.71M in Butter, becoming the 125th largest importer of Butter in the world. At the same year, Butter was the 932nd most imported product in Norway. Norway imports Butter primarily from: Denmark ($629k), Netherlands ($410k), United Kingdom ($366k), France ($102k), and Poland ($48k).

The fastest growing import markets in Butter for Norway between 2021 and 2022 were France ($16.9k), Bulgaria ($8.85k), and Poland ($4.85k).

Latest Trends

Nov 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 Butter. 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)$6.54M
IMPORTS (2022)$1.71M
NET TRADE (2022)$4.83M

In 2022, Norway exported $6.54M in Butter. The main destinations of Norway exports on Butter were Netherlands ($2.41M), Georgia ($1.77M), Sweden ($1.07M), Tunisia ($782k), and Denmark ($498k).

In 2022, Norway imported $1.71M in Butter, mainly from Denmark ($629k), Netherlands ($410k), United Kingdom ($366k), France ($102k), and Poland ($48k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Netherlands$2.41M (1%)
Georgia$1.77M (1%)
Sweden$1.07M (911k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Norway WERE (2021 - 2022):
United States-$13.8k (-100%)
United Kingdom-$6.86k (-98.4%)
Austria-$705 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Butter were:
In 2022, Norway's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $171k
TOP IMPORT POTENTIALNetherlands+ $249k

Butter’s highest export potential is Sweden. With an export gap of $171k.   Butter’s highest import potential is Netherlands with an import gap of $249k.

See methodology.

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